Sunwave Communications Return On Equity vs. Total Debt
| 002115 Stock | 6.15 0.21 3.54% |
For Sunwave Communications profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sunwave Communications to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sunwave Communications Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sunwave Communications's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sunwave Communications Co over time as well as its relative position and ranking within its peers.
Sunwave |
Sunwave Communications Total Debt vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sunwave Communications's current stock value. Our valuation model uses many indicators to compare Sunwave Communications value to that of its competitors to determine the firm's financial worth. Sunwave Communications Co is number one stock in return on equity category among its peers. It also is the top company in total debt category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sunwave Communications by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sunwave Communications' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Sunwave Total Debt vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Sunwave Communications |
| = | -0.0196 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Sunwave Communications |
| = | 327.35 M |
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.
Sunwave Total Debt vs Competition
Sunwave Communications Co is the top company in total debt category among its peers. Total debt of Information Technology industry is presently estimated at about 13.3 Billion. Sunwave Communications holds roughly 327.35 Million in total debt claiming about 2.46% of equities under Information Technology industry.
Sunwave Communications Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sunwave Communications, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sunwave Communications will eventually generate negative long term returns. The profitability progress is the general direction of Sunwave Communications' change in net profit over the period of time. It can combine multiple indicators of Sunwave Communications, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 121.8 M | 127.9 M | |
| Net Income | 55.4 M | 58.2 M | |
| Operating Income | 165.9 M | 94.5 M | |
| Income Before Tax | 115.5 M | 121.3 M | |
| Income Tax Expense | 32.8 M | 17.2 M | |
| Net Income From Continuing Ops | 68.6 M | 72.1 M | |
| Total Other Income Expense Net | 3.5 M | 3.3 M | |
| Net Interest Income | 208.5 K | 218.9 K | |
| Interest Income | 21.7 M | 11.7 M | |
| Change To Netincome | 66.6 M | 63.3 M |
Sunwave Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sunwave Communications. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Sunwave Communications position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Sunwave Communications' important profitability drivers and their relationship over time.
Use Sunwave Communications in pair-trading
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 Sunwave Communications 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 Sunwave Communications will appreciate offsetting losses from the drop in the long position's value.Sunwave Communications Pair Trading
Sunwave Communications Co Pair Trading Analysis
The ability to find closely correlated positions to Sunwave Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sunwave Communications 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 Sunwave Communications - 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 Sunwave Communications Co to buy it.
The correlation of Sunwave Communications 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 Sunwave Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sunwave Communications 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 Sunwave Communications 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.Use Investing Themes to Complement your Sunwave Communications position
In addition to having Sunwave Communications in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Sunwave Stock
To fully project Sunwave Communications' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sunwave Communications at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Sunwave Communications' income statement, its balance sheet, and the statement of cash flows.