Milkyway Chemical Gross Profit vs. Cash Flow From Operations
| 603713 Stock | 56.16 0.94 1.70% |
Gross Profit | First Reported 2017-03-31 | Previous Quarter 337 M | Current Value 384.4 M | Quarterly Volatility 107.5 M |
For Milkyway Chemical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Milkyway Chemical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Milkyway Chemical Supply utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Milkyway Chemical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Milkyway Chemical Supply over time as well as its relative position and ranking within its peers.
Milkyway |
Milkyway Chemical Supply Cash Flow From Operations vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Milkyway Chemical's current stock value. Our valuation model uses many indicators to compare Milkyway Chemical value to that of its competitors to determine the firm's financial worth. Milkyway Chemical Supply is rated fourth in gross profit category among its peers. It is number one stock in cash flow from operations category among its peers making about 0.56 of Cash Flow From Operations per Gross Profit. The ratio of Gross Profit to Cash Flow From Operations for Milkyway Chemical Supply is roughly 1.79 . At present, Milkyway Chemical's Gross Profit 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 Milkyway Chemical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Milkyway Chemical's 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.Milkyway Cash Flow From Operations vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Milkyway Chemical |
| = | 1.26 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Milkyway Chemical |
| = | 704.08 M |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Milkyway Cash Flow From Operations Comparison
Milkyway Chemical is currently under evaluation in cash flow from operations category among its peers.
Milkyway Chemical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Milkyway Chemical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Milkyway Chemical will eventually generate negative long term returns. The profitability progress is the general direction of Milkyway Chemical's change in net profit over the period of time. It can combine multiple indicators of Milkyway Chemical, 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 | 669.7 M | 380.6 M | |
| Income Before Tax | 607.6 M | 356.7 M | |
| Income Tax Expense | 121.3 M | 127.3 M | |
| Net Interest Income | -112.4 M | -106.8 M | |
| Interest Income | 18.8 M | 19.7 M | |
| Net Income From Continuing Ops | 481.4 M | 316.1 M | |
| Net Income Applicable To Common Shares | 696.2 M | 731 M | |
| Net Income | 431.3 M | 305.9 M | |
| Change To Netincome | 139 M | 146 M |
Milkyway Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Milkyway Chemical. 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 Milkyway Chemical 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 Milkyway Chemical's important profitability drivers and their relationship over time.
Use Milkyway Chemical 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 Milkyway Chemical 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 Milkyway Chemical will appreciate offsetting losses from the drop in the long position's value.Milkyway Chemical Pair Trading
Milkyway Chemical Supply Pair Trading Analysis
The ability to find closely correlated positions to Milkyway Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Milkyway Chemical 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 Milkyway Chemical - 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 Milkyway Chemical Supply to buy it.
The correlation of Milkyway Chemical 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 Milkyway Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Milkyway Chemical Supply 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 Milkyway Chemical 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 Milkyway Chemical position
In addition to having Milkyway Chemical 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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Funds or Etfs that invest in companies involved in research, development, testing, or distribution of technologically based goods and services. The Tech Funds theme has 40 constituents at this time.
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Other Information on Investing in Milkyway Stock
To fully project Milkyway Chemical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Milkyway Chemical Supply 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 Milkyway Chemical's income statement, its balance sheet, and the statement of cash flows.