Capstone Infrastructure Corp Preferred Stock Current Ratio
| CSE-PA Preferred Stock | CAD 14.60 0.02 0.14% |
Capstone Infrastructure Corp fundamentals help investors to digest information that contributes to Capstone Infrastructure's financial success or failures. It also enables traders to predict the movement of Capstone Preferred Stock. The fundamental analysis module provides a way to measure Capstone Infrastructure's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Capstone Infrastructure preferred stock.
Capstone |
Capstone Infrastructure Corp Company Current Ratio Analysis
Capstone Infrastructure's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Capstone Infrastructure Current Ratio | 1.86 X |
Most of Capstone Infrastructure's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Capstone Infrastructure Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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In accordance with the recently published financial statements, Capstone Infrastructure Corp has a Current Ratio of 1.86 times. This is 43.08% higher than that of the Utilities sector and 37.78% higher than that of the Utilities - Independent Power Producers industry. The current ratio for all Canada preferred stocks is 13.89% higher than that of the company.
Capstone Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Capstone Infrastructure's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Capstone Infrastructure could also be used in its relative valuation, which is a method of valuing Capstone Infrastructure by comparing valuation metrics of similar companies.Capstone Infrastructure is currently under evaluation in current ratio category among its peers.
Capstone Fundamentals
| Return On Equity | 0.0837 | ||||
| Return On Asset | 0.0273 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 5.91 B | ||||
| Shares Outstanding | 304.61 M | ||||
| Shares Owned By Institutions | 17.00 % | ||||
| Number Of Shares Shorted | 295 | ||||
| Price To Sales | 16.97 X | ||||
| Revenue | 242.88 M | ||||
| Gross Profit | 162.26 M | ||||
| EBITDA | 156.66 M | ||||
| Net Income | 9.11 M | ||||
| Cash And Equivalents | 73.86 M | ||||
| Cash Per Share | 0.24 X | ||||
| Total Debt | 777.31 M | ||||
| Debt To Equity | 304.90 % | ||||
| Current Ratio | 1.86 X | ||||
| Book Value Per Share | 0.45 X | ||||
| Cash Flow From Operations | 123.56 M | ||||
| Short Ratio | 0.60 X | ||||
| Earnings Per Share | 0.02 X | ||||
| Beta | 0.13 | ||||
| Market Capitalization | 4.38 B | ||||
| Z Score | 3.0 | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 7.95 % |
About Capstone Infrastructure Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Capstone Infrastructure Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Capstone Infrastructure using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Capstone Infrastructure Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Capstone Infrastructure
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Capstone Infrastructure position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Capstone Infrastructure will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Capstone Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capstone Infrastructure when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Capstone Infrastructure - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Capstone Infrastructure Corp to buy it.
The correlation of Capstone Infrastructure is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Capstone Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capstone Infrastructure moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Capstone Infrastructure can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Capstone Preferred Stock
Capstone Infrastructure financial ratios help investors to determine whether Capstone Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Capstone with respect to the benefits of owning Capstone Infrastructure security.