Aba Chemicals Revenue vs. Return On Asset
| 300261 Stock | 7.91 0.17 2.20% |
Total Revenue | First Reported 2011-09-30 | Previous Quarter 219.9 M | Current Value 369.2 M | Quarterly Volatility 176.7 M |
For Aba Chemicals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aba Chemicals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aba Chemicals Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aba Chemicals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aba Chemicals Corp over time as well as its relative position and ranking within its peers.
Aba |
Aba Chemicals Corp Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aba Chemicals's current stock value. Our valuation model uses many indicators to compare Aba Chemicals value to that of its competitors to determine the firm's financial worth. Aba Chemicals Corp is rated below average in revenue category among its peers. It also is rated below average in return on asset category among its peers . At present, Aba Chemicals' Total Revenue is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Aba Chemicals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Aba Chemicals' 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.Aba Revenue vs. Competition
Aba Chemicals Corp is rated below average in revenue category among its peers. Market size based on revenue of Materials industry is presently estimated at about 1.37 Trillion. Aba Chemicals adds roughly 1.28 Billion in revenue claiming only tiny portion of all equities under Materials industry.
Aba Return On Asset vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Aba Chemicals |
| = | 1.28 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Aba Chemicals |
| = | -0.0321 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Aba Return On Asset Comparison
Aba Chemicals is currently under evaluation in return on asset category among its peers.
Aba Chemicals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aba Chemicals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aba Chemicals will eventually generate negative long term returns. The profitability progress is the general direction of Aba Chemicals' change in net profit over the period of time. It can combine multiple indicators of Aba Chemicals, 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 | ||
| Operating Income | -26.4 M | -25.1 M | |
| Income Before Tax | -88.8 M | -84.4 M | |
| Net Income Applicable To Common Shares | 230.8 M | 242.4 M | |
| Net Loss | -82.3 M | -78.2 M | |
| Income Tax Expense | 62.8 M | 65.9 M | |
| Net Loss | -72.4 M | -68.7 M | |
| Total Other Income Expense Net | -47.1 M | -44.8 M | |
| Net Interest Income | -26.3 M | -27.6 M | |
| Interest Income | 9 M | 4.7 M | |
| Change To Netincome | 26.1 M | 44.1 M |
Aba Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aba Chemicals. 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 Aba Chemicals 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 Aba Chemicals' important profitability drivers and their relationship over time.
Use Aba Chemicals 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 Aba Chemicals 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 Aba Chemicals will appreciate offsetting losses from the drop in the long position's value.Aba Chemicals Pair Trading
Aba Chemicals Corp Pair Trading Analysis
The ability to find closely correlated positions to Aba Chemicals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aba Chemicals 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 Aba Chemicals - 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 Aba Chemicals Corp to buy it.
The correlation of Aba Chemicals 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 Aba Chemicals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aba Chemicals Corp 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 Aba Chemicals 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 Aba Chemicals position
In addition to having Aba Chemicals 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 Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 41 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 Railroads Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Aba Stock
To fully project Aba Chemicals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aba Chemicals Corp 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 Aba Chemicals' income statement, its balance sheet, and the statement of cash flows.