Sports Toto Price To Sales vs. Total Debt
1562 Stock | 1.45 0.01 0.68% |
For Sports Toto profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sports Toto to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sports Toto Berhad utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sports Toto's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sports Toto Berhad over time as well as its relative position and ranking within its peers.
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Sports Toto Berhad Total Debt vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sports Toto's current stock value. Our valuation model uses many indicators to compare Sports Toto value to that of its competitors to determine the firm's financial worth. Sports Toto Berhad is number one stock in price to sales category among its peers. It also is the top company in total debt category among its peers making up about 2,556,725,969 of Total Debt per Price To Sales. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sports Toto's earnings, one of the primary drivers of an investment's value.Sports Total Debt vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Sports Toto |
| = | 0.38 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Sports Toto |
| = | 962.86 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.
Sports Total Debt vs Competition
Sports Toto Berhad is the top company in total debt category among its peers. Total debt of Hotels, Restaurants & Leisure industry is presently estimated at about 1.65 Billion. Sports Toto totals roughly 962.86 Million in total debt claiming about 58% of equities under Hotels, Restaurants & Leisure industry.
Sports Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sports Toto. 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 Sports Toto 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 Sports Toto's important profitability drivers and their relationship over time.
Use Sports Toto 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 Sports Toto 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 Sports Toto will appreciate offsetting losses from the drop in the long position's value.Sports Toto Pair Trading
Sports Toto Berhad Pair Trading Analysis
The ability to find closely correlated positions to Sports Toto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sports Toto 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 Sports Toto - 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 Sports Toto Berhad to buy it.
The correlation of Sports Toto 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 Sports Toto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sports Toto Berhad 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 Sports Toto 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 Sports Toto position
In addition to having Sports Toto 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?
Run Banking Thematic Idea Now
Banking
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banking Theme or any other thematic opportunities.
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Other Information on Investing in Sports Stock
To fully project Sports Toto's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sports Toto Berhad 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 Sports Toto's income statement, its balance sheet, and the statement of cash flows.