808 Renewable Energy Stock Debt To Equity
| RNWR Stock | USD 0.0001 0.00 0.00% |
808 Renewable Energy fundamentals help investors to digest information that contributes to 808 Renewable's financial success or failures. It also enables traders to predict the movement of 808 Pink Sheet. The fundamental analysis module provides a way to measure 808 Renewable'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 808 Renewable pink sheet.
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808 Renewable Energy Company Debt To Equity Analysis
808 Renewable'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 808 Renewable Debt To Equity | 5.43 % |
Most of 808 Renewable'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, 808 Renewable Energy 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, 808 Renewable Energy has a Debt To Equity of 5.429%. This is 92.81% lower than that of the Independent Power and Renewable Electricity Producers sector and 92.79% lower than that of the Utilities industry. The debt to equity for all United States stocks is 88.85% higher than that of the company.
808 Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 808 Renewable's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of 808 Renewable could also be used in its relative valuation, which is a method of valuing 808 Renewable by comparing valuation metrics of similar companies.808 Renewable is currently under evaluation in debt to equity category among its peers.
808 Fundamentals
| Return On Equity | -4.52 | |||
| Return On Asset | -0.21 | |||
| Profit Margin | (0.66) % | |||
| Operating Margin | (1.05) % | |||
| Current Valuation | 81.79 M | |||
| Shares Outstanding | 1.4 B | |||
| Shares Owned By Insiders | 92.82 % | |||
| Price To Earning | (0.02) X | |||
| Price To Sales | 151.81 X | |||
| Revenue | 608.52 K | |||
| Gross Profit | 149.65 K | |||
| EBITDA | (160.02 K) | |||
| Net Income | (214 K) | |||
| Cash And Equivalents | 397.18 K | |||
| Total Debt | 30.28 K | |||
| Debt To Equity | 5.43 % | |||
| Current Ratio | 0.81 X | |||
| Cash Flow From Operations | (1.12 M) | |||
| Number Of Employees | 20 | |||
| Beta | -16.35 | |||
| Market Capitalization | 97.67 M | |||
| Total Asset | 2.41 M | |||
| Retained Earnings | (21.33 M) | |||
| Working Capital | (352 K) | |||
| Current Asset | 144 K | |||
| Current Liabilities | 496 K | |||
| Net Asset | 2.41 M |
About 808 Renewable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 808 Renewable Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 808 Renewable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 808 Renewable Energy 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 808 Renewable
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 808 Renewable 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 808 Renewable will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to 808 Renewable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 808 Renewable 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 808 Renewable - 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 808 Renewable Energy to buy it.
The correlation of 808 Renewable 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 808 Renewable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 808 Renewable Energy 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 808 Renewable 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.Additional Tools for 808 Pink Sheet Analysis
When running 808 Renewable's price analysis, check to measure 808 Renewable's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 808 Renewable is operating at the current time. Most of 808 Renewable's value examination focuses on studying past and present price action to predict the probability of 808 Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 808 Renewable's price. Additionally, you may evaluate how the addition of 808 Renewable to your portfolios can decrease your overall portfolio volatility.