Centerplate Stock Current Asset
Centerplate fundamentals help investors to digest information that contributes to Centerplate's financial success or failures. It also enables traders to predict the movement of Centerplate Stock. The fundamental analysis module provides a way to measure Centerplate'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 Centerplate stock.
Centerplate |
Centerplate Company Current Asset Analysis
Centerplate's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Centerplate Current Asset | 95.52 M |
Most of Centerplate's fundamental indicators, such as Current Asset, 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, Centerplate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
CompetitionIn accordance with the recently published financial statements, Centerplate has a Current Asset of 95.52 M. This is much higher than that of the sector and significantly higher than that of the Restaurants Hotels Motels industry. The current asset for all United States stocks is notably lower than that of the firm.
Centerplate Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Centerplate's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Centerplate could also be used in its relative valuation, which is a method of valuing Centerplate by comparing valuation metrics of similar companies.Centerplate is currently under evaluation in current asset category among its peers.
Centerplate Fundamentals
| Return On Asset | -0.01 | |||
| Profit Margin | (0) % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 368.22 M | |||
| Shares Outstanding | 22.41 M | |||
| Price To Earning | (112.75) X | |||
| Price To Book | (11.59) X | |||
| Price To Sales | 0.27 X | |||
| Revenue | 740.69 M | |||
| Gross Profit | 135.9 M | |||
| EBITDA | 56.44 M | |||
| Net Income | (1.88 M) | |||
| Cash And Equivalents | 45.31 M | |||
| Cash Per Share | 0.29 X | |||
| Total Debt | 253.91 M | |||
| Debt To Equity | (19.95) % | |||
| Current Ratio | 0.83 X | |||
| Cash Flow From Operations | 21.71 M | |||
| Earnings Per Share | (0.08) X | |||
| Market Capitalization | 203.18 M | |||
| Total Asset | 332.35 M | |||
| Retained Earnings | (117.38 M) | |||
| Working Capital | (19.48 M) | |||
| Current Asset | 95.52 M | |||
| Current Liabilities | 114.99 M | |||
| Z Score | 2.0 |
Pair Trading with Centerplate
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 Centerplate 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 Centerplate will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ecolab could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecolab 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 Ecolab - 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 Ecolab Inc to buy it.
The correlation of Ecolab 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 Ecolab moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecolab Inc 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 Ecolab 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in Centerplate Stock
If you are still planning to invest in Centerplate check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Centerplate's history and understand the potential risks before investing.
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