SUPREMEX INC EBITDA vs. Cash And Equivalents
| 557 Stock | EUR 2.62 0.02 0.76% |
For SUPREMEX INC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SUPREMEX INC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SUPREMEX INC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SUPREMEX INC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SUPREMEX INC over time as well as its relative position and ranking within its peers.
SUPREMEX |
SUPREMEX INC Cash And Equivalents vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SUPREMEX INC's current stock value. Our valuation model uses many indicators to compare SUPREMEX INC value to that of its competitors to determine the firm's financial worth. SUPREMEX INC is rated second in ebitda category among its peers. It is number one stock in cash and equivalents category among its peers creating about 0.02 of Cash And Equivalents per EBITDA. The ratio of EBITDA to Cash And Equivalents for SUPREMEX INC is roughly 42.56 . 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 SUPREMEX INC's earnings, one of the primary drivers of an investment's value.SUPREMEX Cash And Equivalents vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
SUPREMEX INC |
| = | 48.95 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
SUPREMEX INC |
| = | 1.15 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
SUPREMEX Cash And Equivalents Comparison
SUPREMEX INC is currently under evaluation in cash and equivalents category among its peers.
SUPREMEX INC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SUPREMEX INC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SUPREMEX INC will eventually generate negative long term returns. The profitability progress is the general direction of SUPREMEX INC's change in net profit over the period of time. It can combine multiple indicators of SUPREMEX INC, 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.
Supremex Inc. manufactures, markets, and sells envelopes, and paper packaging solutions and specialty products in North America. Supremex Inc. was founded in 1977 and is based in LaSalle, Canada. SUPREMEX INC operates under Packaging Containers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 865 people.
SUPREMEX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SUPREMEX INC. 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 SUPREMEX INC 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 SUPREMEX INC's important profitability drivers and their relationship over time.
Use SUPREMEX INC 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 SUPREMEX INC 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 SUPREMEX INC will appreciate offsetting losses from the drop in the long position's value.SUPREMEX INC Pair Trading
SUPREMEX INC Pair Trading Analysis
The ability to find closely correlated positions to SUPREMEX INC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SUPREMEX INC 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 SUPREMEX INC - 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 SUPREMEX INC to buy it.
The correlation of SUPREMEX INC 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 SUPREMEX INC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SUPREMEX INC 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 SUPREMEX INC 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 SUPREMEX INC position
In addition to having SUPREMEX INC 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 World Allocation Funds Thematic Idea Now
World Allocation Funds
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 43 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 World Allocation Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in SUPREMEX Stock
To fully project SUPREMEX INC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SUPREMEX INC 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 SUPREMEX INC's income statement, its balance sheet, and the statement of cash flows.