Tricida Stock Total Debt
| TCDAQDelisted Stock | 0.03 0.01 21.74% |
Tricida fundamentals help investors to digest information that contributes to Tricida's financial success or failures. It also enables traders to predict the movement of Tricida Pink Sheet. The fundamental analysis module provides a way to measure Tricida'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 Tricida pink sheet.
Tricida |
Tricida Company Total Debt Analysis
Tricida's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Tricida Total Debt | 127.51 M |
Most of Tricida's fundamental indicators, such as Total Debt, 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, Tricida is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
CompetitionBased on the latest financial disclosure, Tricida has a Total Debt of 127.51 M. This is much higher than that of the sector and significantly higher than that of the Total Debt industry. The total debt for all United States stocks is notably lower than that of the firm.
Tricida Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tricida's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Tricida could also be used in its relative valuation, which is a method of valuing Tricida by comparing valuation metrics of similar companies.Tricida is currently under evaluation in total debt category among its peers.
Tricida Fundamentals
| EBITDA | (158.52 M) | |||
| Net Income | (176.57 M) | |||
| Total Debt | 127.51 M | |||
| Cash Flow From Operations | (140.06 M) | |||
| Number Of Employees | 57 | |||
| Total Asset | 168.51 M | |||
| Net Asset | 168.51 M |
About Tricida Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tricida's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tricida using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tricida 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 Tricida
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 Tricida 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 Tricida will appreciate offsetting losses from the drop in the long position's value.Moving against Tricida Pink Sheet
| 0.76 | SOFI | SoFi Technologies Aggressive Push | PairCorr |
| 0.75 | NVDA | NVIDIA | PairCorr |
| 0.74 | GOOG | Alphabet Class C | PairCorr |
| 0.74 | FNMA | Federal National Mortgage Potential Growth | PairCorr |
| 0.71 | BMYMP | Bristol Myers Squibb | PairCorr |
The ability to find closely correlated positions to Tricida could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tricida 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 Tricida - 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 Tricida to buy it.
The correlation of Tricida 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 Tricida moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tricida 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 Tricida 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 World Market Map 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 nation. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in Tricida Pink Sheet
If you are still planning to invest in Tricida 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 Tricida's history and understand the potential risks before investing.
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