Great West Lifeco Preferred Stock Debt To Equity
| GWO-PT Preferred Stock | CAD 21.19 0.09 0.42% |
Great West Lifeco fundamentals help investors to digest information that contributes to Great West's financial success or failures. It also enables traders to predict the movement of Great Preferred Stock. The fundamental analysis module provides a way to measure Great West'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 Great West preferred stock.
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Great West Lifeco Company Debt To Equity Analysis
Great West's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Great West Debt To Equity | 25.30 % |
Most of Great West's fundamental indicators, such as Debt To Equity, 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, Great West Lifeco is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
According to the company disclosure, Great West Lifeco has a Debt To Equity of 25.3%. This is 22.96% lower than that of the Insurance sector and 52.45% lower than that of the Financials industry. The debt to equity for all Canada preferred stocks is 48.05% higher than that of the company.
Great Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Great West's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Great West could also be used in its relative valuation, which is a method of valuing Great West by comparing valuation metrics of similar companies.Great West is currently under evaluation in debt to equity category among its peers.
Great Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0073 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | (136.53 B) | ||||
| Shares Outstanding | 988.38 M | ||||
| Shares Owned By Institutions | 18.64 % | ||||
| Number Of Shares Shorted | 69.5 K | ||||
| Price To Earning | 9.21 X | ||||
| Price To Sales | 0.81 X | ||||
| Revenue | 25.27 B | ||||
| Gross Profit | 12.32 B | ||||
| EBITDA | 8.89 B | ||||
| Net Income | 2.87 B | ||||
| Cash And Equivalents | 98.47 B | ||||
| Cash Per Share | 106.01 X | ||||
| Total Debt | 435 M | ||||
| Debt To Equity | 25.30 % | ||||
| Current Ratio | 11.91 X | ||||
| Book Value Per Share | 26.97 X | ||||
| Cash Flow From Operations | 1.68 B | ||||
| Short Ratio | 8.43 X | ||||
| Earnings Per Share | 3.42 X | ||||
| Number Of Employees | 33.5 K | ||||
| Beta | 0.84 | ||||
| Market Capitalization | 26.88 B | ||||
| Total Asset | 713.23 B | ||||
| Retained Earnings | 15.49 B | ||||
| Annual Yield | 0.06 % | ||||
| Net Asset | 713.23 B | ||||
| Last Dividend Paid | 2.15 |
About Great West Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Great West Lifeco's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Great West using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Great West Lifeco 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 Great West
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 Great West 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 Great West will appreciate offsetting losses from the drop in the long position's value.Moving together with Great Preferred Stock
Moving against Great Preferred Stock
The ability to find closely correlated positions to Great West could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Great West 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 Great West - 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 Great West Lifeco to buy it.
The correlation of Great West 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 Great West moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Great West Lifeco 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 Great West 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 Great Preferred Stock
Great West financial ratios help investors to determine whether Great 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 Great with respect to the benefits of owning Great West security.