Sustainable Power Infrastructure Stock Working Capital
| PWI Stock | 9.05 0.04 0.44% |
Sustainable Power Infrastructure fundamentals help investors to digest information that contributes to Sustainable Power's financial success or failures. It also enables traders to predict the movement of Sustainable Stock. The fundamental analysis module provides a way to measure Sustainable Power'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 Sustainable Power stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 20.7 M | 21 M | |
| Change In Working Capital | -167.9 K | -159.5 K |
Sustainable | Working Capital |
Sustainable Power Infrastructure Company Working Capital Analysis
Sustainable Power's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Sustainable Power Working Capital | 22.96 M |
Most of Sustainable Power's fundamental indicators, such as Working Capital, 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, Sustainable Power Infrastructure is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sustainable Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Sustainable Power is extremely important. It helps to project a fair market value of Sustainable Stock properly, considering its historical fundamentals such as Working Capital. Since Sustainable Power's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sustainable Power's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sustainable Power's interrelated accounts and indicators.
Click cells to compare fundamentals
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Sustainable Net Working Capital
Net Working Capital |
|
Based on the company's disclosures, Sustainable Power Infrastructure has a Working Capital of 22.96 M. This is 99.49% lower than that of the Capital Markets sector and 97.33% lower than that of the Financials industry. The working capital for all Canada stocks is 98.45% higher than that of the company.
Did you try this?
Run Investing Opportunities Now
Investing OpportunitiesBuild portfolios using our predefined set of ideas and optimize them against your investing preferences |
| All Next | Launch Module |
Sustainable Fundamentals
| Current Valuation | (31.25 M) | ||||
| Shares Outstanding | 3.3 M | ||||
| Number Of Shares Shorted | 108 | ||||
| Price To Book | 1.06 X | ||||
| Price To Sales | 19.56 X | ||||
| Total Debt | 36.59 M | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | 2.92 X | ||||
| Market Capitalization | 29.86 M | ||||
| Total Asset | 59.54 M | ||||
| Working Capital | 22.96 M | ||||
| Annual Yield | 0.15 % | ||||
| Net Asset | 59.54 M |
About Sustainable Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sustainable Power Infrastructure's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sustainable Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sustainable Power Infrastructure 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 Sustainable Power
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 Sustainable Power 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 Sustainable Power will appreciate offsetting losses from the drop in the long position's value.Moving against Sustainable Stock
| 0.65 | STC | Sangoma Technologies Corp Earnings Call This Week | PairCorr |
| 0.64 | RY-PM | Royal Bank | PairCorr |
| 0.58 | PPL-PA | Pembina Pipeline Corp | PairCorr |
| 0.56 | TD-PFD | Toronto Dominion Bank | PairCorr |
| 0.38 | SPRX | Sparx Technology | PairCorr |
The ability to find closely correlated positions to Sustainable Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sustainable Power 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 Sustainable Power - 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 Sustainable Power Infrastructure to buy it.
The correlation of Sustainable Power 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 Sustainable Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sustainable Power 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 Sustainable Power 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 Sustainable Stock
Sustainable Power financial ratios help investors to determine whether Sustainable 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 Sustainable with respect to the benefits of owning Sustainable Power security.