Aurea SA Cash And Equivalents vs. Return On Asset
| AURE Stock | EUR 5.60 0.10 1.75% |
For Aurea SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aurea SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aurea SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aurea SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aurea SA over time as well as its relative position and ranking within its peers.
Aurea |
Aurea SA Return On Asset vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aurea SA's current stock value. Our valuation model uses many indicators to compare Aurea SA value to that of its competitors to determine the firm's financial worth. Aurea SA is rated below average in cash and equivalents category among its peers. It is rated below average in return on asset category among its peers . The ratio of Cash And Equivalents to Return On Asset for Aurea SA is about 1,003,395,031 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Aurea SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Aurea SA's 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.Aurea Return On Asset vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Aurea SA |
| = | 32.51 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.
Aurea SA |
| = | 0.0324 |
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.
Aurea Return On Asset Comparison
Aurea SA is rated below average in return on asset category among its peers.
Aurea SA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aurea SA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aurea SA will eventually generate negative long term returns. The profitability progress is the general direction of Aurea SA's change in net profit over the period of time. It can combine multiple indicators of Aurea SA, 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.
Aurea SA engages in the recycle of black motor oils, and manufacture of remoulded tires from used tires. The company was formerly known as AUER and changed its name to Aurea SA in 1988. AUREA operates under Waste Management classification in France and is traded on Paris Stock Exchange. It employs 542 people.
Aurea Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aurea SA. 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 Aurea SA 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 Aurea SA's important profitability drivers and their relationship over time.
Use Aurea SA 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 Aurea SA 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 Aurea SA will appreciate offsetting losses from the drop in the long position's value.Aurea SA Pair Trading
Aurea SA Pair Trading Analysis
The ability to find closely correlated positions to Aurea SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aurea SA 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 Aurea SA - 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 Aurea SA to buy it.
The correlation of Aurea SA 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 Aurea SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aurea SA 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 Aurea SA 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 Aurea SA position
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Other Information on Investing in Aurea Stock
To fully project Aurea SA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aurea SA 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 Aurea SA's income statement, its balance sheet, and the statement of cash flows.