PF BankNordik Price To Sales vs. Total Debt
| BNORDIK-CSE | DKK 164.00 1.00 0.61% |
For PF BankNordik profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PF BankNordik to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PF BankNordik utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PF BankNordik's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PF BankNordik over time as well as its relative position and ranking within its peers.
BNORDIK-CSE |
PF BankNordik Total Debt vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PF BankNordik's current stock value. Our valuation model uses many indicators to compare PF BankNordik value to that of its competitors to determine the firm's financial worth. PF BankNordik is number one stock in price to sales category among its peers. It also is the top company in total debt category among its peers making up about 115,536,138 of Total Debt per Price To Sales. 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 PF BankNordik's earnings, one of the primary drivers of an investment's value.BNORDIK-CSE Total Debt vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
PF BankNordik |
| = | 2.66 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
PF BankNordik |
| = | 306.76 M |
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.
BNORDIK-CSE Total Debt vs Competition
PF BankNordik is the top company in total debt category among its peers. Total debt of Banks - Regional - Europe industry is currently estimated at about 464.22 Billion. PF BankNordik adds roughly 306.76 Million in total debt claiming only tiny portion of stocks in Banks - Regional - Europe industry.
PF BankNordik Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PF BankNordik, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PF BankNordik will eventually generate negative long term returns. The profitability progress is the general direction of PF BankNordik's change in net profit over the period of time. It can combine multiple indicators of PF BankNordik, 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.
PF BankNordik, together with its subsidiaries, provides various banking products and services for individual and corporate customers in the Faroe Islands, Denmark, and Greenland. PF BankNordik was founded in 1906 and is headquartered in Trshavn, Denmark. BankNordik operates under Banks - Regional - Europe classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 3 people.
BNORDIK-CSE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PF BankNordik. 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 PF BankNordik 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 PF BankNordik's important profitability drivers and their relationship over time.
Use PF BankNordik 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 PF BankNordik 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 PF BankNordik will appreciate offsetting losses from the drop in the long position's value.PF BankNordik Pair Trading
PF BankNordik Pair Trading Analysis
The ability to find closely correlated positions to PF BankNordik could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PF BankNordik 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 PF BankNordik - 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 PF BankNordik to buy it.
The correlation of PF BankNordik 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 PF BankNordik moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PF BankNordik 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 PF BankNordik 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 PF BankNordik position
In addition to having PF BankNordik 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 BNORDIK-CSE Stock
To fully project PF BankNordik's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PF BankNordik 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 PF BankNordik's income statement, its balance sheet, and the statement of cash flows.