Allied Corp Net Income vs. Total Debt
| ALID Stock | USD 0.04 0.01 23.76% |
For Allied Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Allied Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Allied Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Allied Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Allied Corp over time as well as its relative position and ranking within its peers.
Allied |
Allied Corp Total Debt vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Allied Corp's current stock value. Our valuation model uses many indicators to compare Allied Corp value to that of its competitors to determine the firm's financial worth. Allied Corp is rated below average in net income category among its peers. It is rated fourth in total debt category among its peers . 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 Allied Corp's earnings, one of the primary drivers of an investment's value.Allied Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Allied Corp |
| = | (15.54 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Allied Corp |
| = | 4.81 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.
Allied Total Debt vs Competition
Allied Corp is rated fourth in total debt category among its peers. Total debt of Drug Manufacturers—Specialty & Generic industry is presently estimated at about 122.01 Million. Allied Corp holds roughly 4.81 Million in total debt claiming about 4% of equities under Drug Manufacturers—Specialty & Generic industry.
Allied Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Allied Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Allied Corp will eventually generate negative long term returns. The profitability progress is the general direction of Allied Corp's change in net profit over the period of time. It can combine multiple indicators of Allied Corp, 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.
Allied Corp., a medical cannabis production company, engages in the research, development, and production of cannabinoid health solutions in the United States. The company was incorporated in 2013 and is headquartered in Kelowna, Canada. ALLIED CORP is traded on OTC Exchange in the United States.
Allied Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Allied Corp. 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 Allied Corp 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 Allied Corp's important profitability drivers and their relationship over time.
Use Allied Corp 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 Allied Corp 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 Allied Corp will appreciate offsetting losses from the drop in the long position's value.Allied Corp Pair Trading
Allied Corp Pair Trading Analysis
The ability to find closely correlated positions to Allied Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allied Corp 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 Allied Corp - 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 Allied Corp to buy it.
The correlation of Allied Corp 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 Allied Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allied 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 Allied Corp 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 Allied Corp position
In addition to having Allied Corp 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 Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 15 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 Convertibles Funds Theme or any other thematic opportunities.
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Other Information on Investing in Allied OTC Stock
To fully project Allied Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Allied 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 Allied Corp's income statement, its balance sheet, and the statement of cash flows.