Economic Investment Trust Stock Retained Earnings
| EVT Stock | CAD 174.50 0.01 0.01% |
Economic Investment Trust fundamentals help investors to digest information that contributes to Economic Investment's financial success or failures. It also enables traders to predict the movement of Economic Stock. The fundamental analysis module provides a way to measure Economic Investment'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 Economic Investment stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | 931.1 M | 726.9 M |
Economic | Retained Earnings |
Economic Investment Trust Company Retained Earnings Analysis
Economic Investment's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Economic Investment Retained Earnings | 809.69 M |
Most of Economic Investment's fundamental indicators, such as Retained Earnings, 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, Economic Investment Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, Economic Investment Trust has a Retained Earnings of 809.69 M. This is 82.69% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The retained earnings for all Canada stocks is 91.32% higher than that of the company.
Economic Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Economic Investment's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Economic Investment could also be used in its relative valuation, which is a method of valuing Economic Investment by comparing valuation metrics of similar companies.Economic Investment is currently under evaluation in retained earnings category among its peers.
Economic Fundamentals
| Return On Equity | 0.31 | ||||
| Return On Asset | 0.2 | ||||
| Profit Margin | 0.87 % | ||||
| Operating Margin | 1.00 % | ||||
| Current Valuation | 934.49 M | ||||
| Shares Outstanding | 5.62 M | ||||
| Shares Owned By Insiders | 79.70 % | ||||
| Shares Owned By Institutions | 1.41 % | ||||
| Price To Earning | 24.08 X | ||||
| Price To Sales | 2.39 X | ||||
| Revenue | (17.01 M) | ||||
| Gross Profit | (17.01 M) | ||||
| Net Income | 137.81 M | ||||
| Cash And Equivalents | 12.83 M | ||||
| Cash Per Share | 3.61 X | ||||
| Total Debt | 90.38 M | ||||
| Current Ratio | 25.94 X | ||||
| Book Value Per Share | 239.99 X | ||||
| Cash Flow From Operations | 23.98 M | ||||
| Earnings Per Share | 51.46 X | ||||
| Beta | 0.75 | ||||
| Market Capitalization | 979.91 M | ||||
| Total Asset | 1.1 B | ||||
| Retained Earnings | 809.69 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 9.05 % | ||||
| Net Asset | 1.1 B | ||||
| Last Dividend Paid | 1.2 |
About Economic Investment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Economic Investment Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Economic Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Economic Investment Trust 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 Economic Investment
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 Economic Investment 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 Economic Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with Economic Stock
Moving against Economic Stock
The ability to find closely correlated positions to Economic Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Economic Investment 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 Economic Investment - 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 Economic Investment Trust to buy it.
The correlation of Economic Investment 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 Economic Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Economic Investment Trust 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 Economic Investment 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 Economic Stock
Economic Investment financial ratios help investors to determine whether Economic 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 Economic with respect to the benefits of owning Economic Investment security.