Asphere Innovations Cash Flow From Operations vs. Net Income
| AS Stock | 3.82 0.12 3.05% |
For Asphere Innovations profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Asphere Innovations to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Asphere Innovations Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Asphere Innovations's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Asphere Innovations Public over time as well as its relative position and ranking within its peers.
Asphere |
Asphere Innovations Net Income vs. Cash Flow From Operations Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Asphere Innovations's current stock value. Our valuation model uses many indicators to compare Asphere Innovations value to that of its competitors to determine the firm's financial worth. Asphere Innovations Public is number one stock in cash flow from operations category among its peers. It also is number one stock in net income category among its peers making up about 0.70 of Net Income per Cash Flow From Operations. The ratio of Cash Flow From Operations to Net Income for Asphere Innovations Public is roughly 1.43 . 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 Asphere Innovations' earnings, one of the primary drivers of an investment's value.Asphere Net Income vs. Cash Flow From Operations
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.
Asphere Innovations |
| = | 686.4 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.
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.
Asphere Innovations |
| = | 479.23 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.
Asphere Net Income Comparison
Asphere Innovations is currently under evaluation in net income category among its peers.
Asphere Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Asphere Innovations. 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 Asphere Innovations 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 Asphere Innovations' important profitability drivers and their relationship over time.
Use Asphere Innovations 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 Asphere Innovations 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 Asphere Innovations will appreciate offsetting losses from the drop in the long position's value.Asphere Innovations Pair Trading
Asphere Innovations Public Pair Trading Analysis
The ability to find closely correlated positions to Asphere Innovations could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asphere Innovations 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 Asphere Innovations - 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 Asphere Innovations Public to buy it.
The correlation of Asphere Innovations 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 Asphere Innovations moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asphere Innovations 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 Asphere Innovations 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 Asphere Innovations position
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Other Information on Investing in Asphere Stock
To fully project Asphere Innovations' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Asphere Innovations 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 Asphere Innovations' income statement, its balance sheet, and the statement of cash flows.