Allgens Medical Return On Asset vs. Total Debt
| 688613 Stock | 17.15 0.16 0.94% |
For Allgens Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Allgens Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Allgens Medical Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Allgens Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Allgens Medical Technology over time as well as its relative position and ranking within its peers.
Allgens |
Allgens Medical Tech Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Allgens Medical's current stock value. Our valuation model uses many indicators to compare Allgens Medical value to that of its competitors to determine the firm's financial worth. Allgens Medical Technology is number one stock in return on asset 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 Allgens Medical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Allgens Medical'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.Allgens Total Debt vs. Return On Asset
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.
Allgens Medical |
| = | -0.0136 |
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.
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.
Allgens Medical |
| = | 5.07 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.
Allgens Total Debt vs Competition
Allgens Medical Technology is the top company in total debt category among its peers. Total debt of Health Care industry is presently estimated at about 8.06 Billion. Allgens Medical adds roughly 5.07 Million in total debt claiming only tiny portion of equities under Health Care industry.
Allgens Medical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Allgens Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Allgens Medical will eventually generate negative long term returns. The profitability progress is the general direction of Allgens Medical's change in net profit over the period of time. It can combine multiple indicators of Allgens Medical, 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 | 32.9 M | 31.2 M | |
| Income Before Tax | 49.1 M | 81 M | |
| Net Income | 54.2 M | 73.3 M | |
| Income Tax Expense | 5.2 M | 10 M | |
| Total Other Income Expense Net | -103.3 K | -108.5 K | |
| Net Interest Income | 116.8 K | 111 K | |
| Interest Income | 3.3 M | 3 M | |
| Net Income From Continuing Ops | 53 M | 66.2 M |
Allgens Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Allgens Medical. 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 Allgens Medical 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 Allgens Medical's important profitability drivers and their relationship over time.
Use Allgens Medical 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 Allgens Medical 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 Allgens Medical will appreciate offsetting losses from the drop in the long position's value.Allgens Medical Pair Trading
Allgens Medical Technology Pair Trading Analysis
The ability to find closely correlated positions to Allgens Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allgens Medical 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 Allgens Medical - 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 Allgens Medical Technology to buy it.
The correlation of Allgens Medical 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 Allgens Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allgens Medical Tech 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 Allgens Medical 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 Allgens Medical position
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Other Information on Investing in Allgens Stock
To fully project Allgens Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Allgens Medical Tech 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 Allgens Medical's income statement, its balance sheet, and the statement of cash flows.