Amreli Steels Total Debt vs. Revenue
| ASTL Stock | 21.08 0.95 4.31% |
For Amreli Steels profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Amreli Steels to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Amreli Steels utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Amreli Steels's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Amreli Steels over time as well as its relative position and ranking within its peers.
Amreli |
Amreli Steels Revenue vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Amreli Steels's current stock value. Our valuation model uses many indicators to compare Amreli Steels value to that of its competitors to determine the firm's financial worth. Amreli Steels is the top company in total debt category among its peers. It also is the top company in revenue category among its peers totaling about 11.27 of Revenue per Total Debt. Comparative valuation analysis is a catch-all model that can be used if you cannot value Amreli Steels by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Amreli Steels' 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.Amreli Total Debt vs. Competition
Amreli Steels is the top company in total debt category among its peers. Total debt of Metals & Mining industry is presently estimated at about 437.02 Billion. Amreli Steels claims roughly 5.16 Billion in total debt contributing just under 2% to all equities under Metals & Mining industry.
Amreli Revenue 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.
Amreli Steels |
| = | 5.16 B |
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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Amreli Steels |
| = | 58.18 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Amreli Revenue vs Competition
Amreli Steels is the top company in revenue category among its peers. Market size based on revenue of Metals & Mining industry is presently estimated at about 4.19 Trillion. Amreli Steels claims roughly 58.18 Billion in revenue contributing just under 2% to all equities under Metals & Mining industry.
Amreli Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Amreli Steels. 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 Amreli Steels 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 Amreli Steels' important profitability drivers and their relationship over time.
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Use Amreli Steels 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 Amreli Steels 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 Amreli Steels will appreciate offsetting losses from the drop in the long position's value.Amreli Steels Pair Trading
Amreli Steels Pair Trading Analysis
The ability to find closely correlated positions to Amreli Steels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amreli Steels 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 Amreli Steels - 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 Amreli Steels to buy it.
The correlation of Amreli Steels 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 Amreli Steels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amreli Steels 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 Amreli Steels 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 Amreli Steels position
In addition to having Amreli Steels 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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Other Information on Investing in Amreli Stock
To fully project Amreli Steels' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Amreli Steels 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 Amreli Steels' income statement, its balance sheet, and the statement of cash flows.