Abits Total Debt vs. Return On Asset
| ABTS Stock | 0.62 0.03 5.08% |
For Abits profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Abits to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Abits Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Abits's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Abits Group over time as well as its relative position and ranking within its peers.
Abits |
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Abits. If investors know Abits will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Abits listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.26) | Revenue Per Share 0.15 | Quarterly Revenue Growth 503.624 | Return On Assets (0.08) | Return On Equity (0.57) |
The market value of Abits Group is measured differently than its book value, which is the value of Abits that is recorded on the company's balance sheet. Investors also form their own opinion of Abits' value that differs from its market value or its book value, called intrinsic value, which is Abits' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Abits' market value can be influenced by many factors that don't directly affect Abits' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Abits' value and its price as these two are different measures arrived at by different means. Investors typically determine if Abits is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abits' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Abits Group Return On Asset vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Abits's current stock value. Our valuation model uses many indicators to compare Abits value to that of its competitors to determine the firm's financial worth. Abits Group is the top company in total debt category among its peers. It also is number one stock in return on asset category among its peers . Return On Assets is likely to drop to -1.07 in 2024. Comparative valuation analysis is a catch-all technique that is used if you cannot value Abits by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Abits Total Debt vs. Competition
Abits Group is the top company in total debt category among its peers. Total debt of Communication Services industry is presently estimated at about 197.85 Billion. Abits adds roughly 1.01 Million in total debt claiming only tiny portion of stocks in Communication Services industry.
Abits Return On Asset vs. Total Debt
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.
Abits |
| = | 1.01 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.
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.
Abits |
| = | -0.0777 |
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.
Abits Return On Asset Comparison
Abits is currently under evaluation in return on asset category among its peers.
Abits Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Abits, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Abits will eventually generate negative long term returns. The profitability progress is the general direction of Abits' change in net profit over the period of time. It can combine multiple indicators of Abits, 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 | ||
| Accumulated Other Comprehensive Income | -124.4 K | -118.2 K | |
| Interest Income | 8 K | 8.4 K | |
| Operating Income | -11 M | -10.5 M | |
| Income Before Tax | -12.6 M | -12 M | |
| Total Other Income Expense Net | -1.6 M | -1.5 M | |
| Net Loss | -12.6 M | -12 M | |
| Income Tax Expense | 1.00 | 1.05 | |
| Net Interest Income | -18.9 K | -19.8 K | |
| Net Loss | -12.6 M | -13.2 M | |
| Net Loss | (0.35) | (0.37) | |
| Income Quality | (0.14) | (0.15) | |
| Net Income Per E B T | 1.15 | 0.70 |
Abits Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Abits. 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 Abits 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 Abits' important profitability drivers and their relationship over time.
Use Abits 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 Abits 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 Abits will appreciate offsetting losses from the drop in the long position's value.Abits Pair Trading
Abits Group Pair Trading Analysis
The ability to find closely correlated positions to Abits could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abits 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 Abits - 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 Abits Group to buy it.
The correlation of Abits 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 Abits moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abits Group 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 Abits 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 Abits position
In addition to having Abits 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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Additional Tools for Abits Stock Analysis
When running Abits' price analysis, check to measure Abits' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abits is operating at the current time. Most of Abits' value examination focuses on studying past and present price action to predict the probability of Abits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abits' price. Additionally, you may evaluate how the addition of Abits to your portfolios can decrease your overall portfolio volatility.