Capital Drilling Revenue vs. Return On Equity
| CAPD Stock | 86.00 2.00 2.38% |
Total Revenue | First Reported 2007-01-31 | Previous Quarter 84.7 M | Current Value 84.7 M | Quarterly Volatility 19.6 M |
For Capital Drilling profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Capital Drilling to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Capital Drilling utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Capital Drilling's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Capital Drilling over time as well as its relative position and ranking within its peers.
Capital |
Capital Drilling Return On Equity vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Capital Drilling's current stock value. Our valuation model uses many indicators to compare Capital Drilling value to that of its competitors to determine the firm's financial worth. Capital Drilling is rated fifth in revenue category among its peers. It is rated second in return on equity category among its peers . The ratio of Revenue to Return On Equity for Capital Drilling is about 2,768,904,348 . At this time, Capital Drilling's Total Revenue is comparatively stable compared to the past year. 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 Capital Drilling's earnings, one of the primary drivers of an investment's value.Capital Revenue vs. Competition
Capital Drilling is rated fifth in revenue category among its peers. Market size based on revenue of Energy industry is currently estimated at about 51.31 Billion. Capital Drilling maintains roughly 318.42 Million in revenue contributing less than 1% to equities under Energy industry.
Capital Return On Equity vs. Revenue
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.
Capital Drilling |
| = | 318.42 M |
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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Capital Drilling |
| = | 0.12 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Capital Return On Equity Comparison
Capital Drilling is currently under evaluation in return on equity category among its peers.
Capital Drilling Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Capital Drilling, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Capital Drilling will eventually generate negative long term returns. The profitability progress is the general direction of Capital Drilling's change in net profit over the period of time. It can combine multiple indicators of Capital Drilling, 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 | 6 M | 6.3 M | |
| Operating Income | 60.3 M | 63.3 M | |
| Income Before Tax | 50.3 M | 52.9 M | |
| Total Other Income Expense Net | -9.9 M | -9.5 M | |
| Net Income | 50.3 M | 52.9 M | |
| Income Tax Expense | 11.8 M | 12.4 M | |
| Net Income Applicable To Common Shares | 24.1 M | 13.4 M | |
| Net Income From Continuing Ops | 38.5 M | 40.5 M | |
| Net Interest Income | -14.3 M | -13.6 M | |
| Interest Income | 65 K | 61.8 K | |
| Change To Netincome | -23.3 M | -22.2 M |
Capital Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Capital Drilling. 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 Capital Drilling 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 Capital Drilling's important profitability drivers and their relationship over time.
Use Capital Drilling 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 Capital Drilling 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 Capital Drilling will appreciate offsetting losses from the drop in the long position's value.Capital Drilling Pair Trading
Capital Drilling Pair Trading Analysis
The ability to find closely correlated positions to Capital Drilling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capital Drilling 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 Capital Drilling - 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 Capital Drilling to buy it.
The correlation of Capital Drilling 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 Capital Drilling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capital Drilling 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 Capital Drilling 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 Capital Drilling position
In addition to having Capital Drilling 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?
Run Banks Thematic Idea Now
Banks
Large and small money and credit banks and credit services. The Banks theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banks Theme or any other thematic opportunities.
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Additional Tools for Capital Stock Analysis
When running Capital Drilling's price analysis, check to measure Capital Drilling'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 Capital Drilling is operating at the current time. Most of Capital Drilling's value examination focuses on studying past and present price action to predict the probability of Capital Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capital Drilling's price. Additionally, you may evaluate how the addition of Capital Drilling to your portfolios can decrease your overall portfolio volatility.