Alto Ingredients EBITDA vs. Net Income
| ALTO Stock | USD 1.50 0.01 0.67% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 2.6 M | Current Value 2.5 M | Quarterly Volatility 34.5 M |
For Alto Ingredients profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alto Ingredients to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alto Ingredients utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alto Ingredients's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alto Ingredients over time as well as its relative position and ranking within its peers.
Alto |
Is Oil & Gas Refining & Marketing 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 Alto Ingredients. If investors know Alto 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 Alto Ingredients listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.66) | Earnings Share (0.51) | Revenue Per Share 13.684 | Quarterly Revenue Growth (0.21) | Return On Assets (0.03) |
The market value of Alto Ingredients is measured differently than its book value, which is the value of Alto that is recorded on the company's balance sheet. Investors also form their own opinion of Alto Ingredients' value that differs from its market value or its book value, called intrinsic value, which is Alto Ingredients' 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 Alto Ingredients' market value can be influenced by many factors that don't directly affect Alto Ingredients' 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 Alto Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alto Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alto Ingredients' 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.
Alto Ingredients Net Income vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alto Ingredients's current stock value. Our valuation model uses many indicators to compare Alto Ingredients value to that of its competitors to determine the firm's financial worth. Alto Ingredients is number one stock in ebitda category among its peers. It also is number one stock in net income category among its peers . At this time, Alto Ingredients' EBITDA is very stable compared to the past year. 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 Alto Ingredients' earnings, one of the primary drivers of an investment's value.Alto Net Income 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.
Alto Ingredients |
| = | 2.6 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.
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.
Alto Ingredients |
| = | (28 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.
Alto Net Income Comparison
Alto Ingredients is currently under evaluation in net income category among its peers.
Alto Ingredients Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alto Ingredients, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alto Ingredients will eventually generate negative long term returns. The profitability progress is the general direction of Alto Ingredients' change in net profit over the period of time. It can combine multiple indicators of Alto Ingredients, 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 | 2.5 M | 2.6 M | |
| Operating Income | -23.8 M | -25 M | |
| Income Before Tax | -27.9 M | -29.3 M | |
| Total Other Income Expense Net | -4.1 M | -4.3 M | |
| Net Loss | -28 M | -29.4 M | |
| Income Tax Expense | 97 K | 101.8 K | |
| Net Loss | -49.3 M | -51.8 M | |
| Net Interest Income | -6.3 M | -6.6 M | |
| Net Loss | -42.1 M | -44.2 M | |
| Change To Netincome | -8.4 M | -8 M | |
| Net Loss | (0.38) | (0.40) | |
| Income Quality | (0.79) | (0.75) | |
| Net Income Per E B T | 1.00 | 0.58 |
Alto Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alto Ingredients. 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 Alto Ingredients 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 Alto Ingredients' important profitability drivers and their relationship over time.
Use Alto Ingredients 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 Alto Ingredients 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 Alto Ingredients will appreciate offsetting losses from the drop in the long position's value.Alto Ingredients Pair Trading
Alto Ingredients Pair Trading Analysis
The ability to find closely correlated positions to Alto Ingredients could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alto Ingredients 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 Alto Ingredients - 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 Alto Ingredients to buy it.
The correlation of Alto Ingredients 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 Alto Ingredients moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alto Ingredients 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 Alto Ingredients 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 Alto Ingredients position
In addition to having Alto Ingredients 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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A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway. The Warren Buffett Holdings theme has 45 constituents at this time.
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Check out Trending Equities. To learn how to invest in Alto Stock, please use our How to Invest in Alto Ingredients guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
To fully project Alto Ingredients' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Alto Ingredients 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 Alto Ingredients' income statement, its balance sheet, and the statement of cash flows.