Avanti Energy Net Income vs. Cash Per Share
| AVN Stock | CAD 0.09 0.01 10.00% |
Net Loss | First Reported 2011-06-30 | Previous Quarter -946.6 K | Current Value -1.1 M | Quarterly Volatility 1.4 M |
For Avanti Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Avanti Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Avanti Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Avanti Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Avanti Energy over time as well as its relative position and ranking within its peers.
Avanti |
Avanti Energy Cash Per Share vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Avanti Energy's current stock value. Our valuation model uses many indicators to compare Avanti Energy value to that of its competitors to determine the firm's financial worth. Avanti Energy is rated fifth in net income category among its peers. It is rated third in cash per share category among its peers . Avanti Energy reported Net Loss of (11.64 Million) in 2023. 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 Avanti Energy's earnings, one of the primary drivers of an investment's value.Avanti Cash Per Share 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.
Avanti Energy |
| = | (11.64 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Avanti Energy |
| = | 0.06 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Avanti Cash Per Share Comparison
Avanti Energy is currently under evaluation in cash per share category among its peers.
Avanti Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Avanti Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Avanti Energy will eventually generate negative long term returns. The profitability progress is the general direction of Avanti Energy's change in net profit over the period of time. It can combine multiple indicators of Avanti Energy, 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 | 12.6 M | 13.2 M | |
| Operating Income | -5.5 M | -5.3 M | |
| Income Before Tax | -11.6 M | -11.1 M | |
| Net Loss | -11.6 M | -11.1 M | |
| Net Loss | -11.6 M | -11.1 M | |
| Total Other Income Expense Net | -6.1 M | -5.8 M | |
| Net Loss | -615 K | -645.7 K | |
| Income Tax Expense | 4.00 | 3.80 | |
| Net Interest Income | -12.1 K | -12.7 K | |
| Interest Income | 6.8 K | 10.4 K | |
| Change To Netincome | 450.8 K | 428.3 K | |
| Net Loss | (0.15) | (0.16) | |
| Income Quality | 0.58 | 0.67 |
Avanti Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Avanti Energy. 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 Avanti Energy 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 Avanti Energy's important profitability drivers and their relationship over time.
Use Avanti Energy 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 Avanti Energy 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 Avanti Energy will appreciate offsetting losses from the drop in the long position's value.Avanti Energy Pair Trading
Avanti Energy Pair Trading Analysis
The ability to find closely correlated positions to Avanti Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avanti Energy 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 Avanti Energy - 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 Avanti Energy to buy it.
The correlation of Avanti Energy 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 Avanti Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avanti Energy 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 Avanti Energy 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 Avanti Energy position
In addition to having Avanti Energy 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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Additional Tools for Avanti Stock Analysis
When running Avanti Energy's price analysis, check to measure Avanti Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avanti Energy is operating at the current time. Most of Avanti Energy's value examination focuses on studying past and present price action to predict the probability of Avanti Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avanti Energy's price. Additionally, you may evaluate how the addition of Avanti Energy to your portfolios can decrease your overall portfolio volatility.