CATCo Reinsurance Total Debt vs. EBITDA
| CATC Stock | 220.00 0.00 0.00% |
For CATCo Reinsurance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CATCo Reinsurance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CATCo Reinsurance Opps utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CATCo Reinsurance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CATCo Reinsurance Opps over time as well as its relative position and ranking within its peers.
CATCo |
CATCo Reinsurance Opps EBITDA vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CATCo Reinsurance's current stock value. Our valuation model uses many indicators to compare CATCo Reinsurance value to that of its competitors to determine the firm's financial worth. CATCo Reinsurance Opps is rated fourth in total debt category among its peers. It is number one stock in ebitda category among its peers totaling about 2.22 of EBITDA per Total Debt. At this time, CATCo Reinsurance's EBITDA 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 CATCo Reinsurance's earnings, one of the primary drivers of an investment's value.CATCo Total Debt vs. Competition
CATCo Reinsurance Opps is rated fourth in total debt category among its peers. Total debt of Financials industry is currently estimated at about 36.73 Million. CATCo Reinsurance holds roughly 2.45 Million in total debt claiming about 7% of equities under Financials industry.
CATCo EBITDA 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.
CATCo Reinsurance |
| = | 2.45 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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
CATCo Reinsurance |
| = | 5.44 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
CATCo EBITDA Comparison
CATCo Reinsurance is currently under evaluation in ebitda category among its peers.
CATCo Reinsurance Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CATCo Reinsurance, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CATCo Reinsurance will eventually generate negative long term returns. The profitability progress is the general direction of CATCo Reinsurance's change in net profit over the period of time. It can combine multiple indicators of CATCo Reinsurance, 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 | ||
| Net Interest Income | 229.6 K | 218.1 K | |
| Interest Income | 229.6 K | 218.1 K | |
| Operating Income | 5.4 M | 5.7 M | |
| Net Income From Continuing Ops | 5.4 M | 5.7 M | |
| Income Before Tax | 5.4 M | 5.7 M | |
| Net Income Applicable To Common Shares | 1.2 M | 1.3 M | |
| Net Income | 5.4 M | 5.7 M | |
| Income Tax Expense | -167.9 K | -176.3 K | |
| Total Other Income Expense Net | 165.1 K | 146.7 K |
CATCo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CATCo Reinsurance. 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 CATCo Reinsurance 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 CATCo Reinsurance's important profitability drivers and their relationship over time.
Use CATCo Reinsurance 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 CATCo Reinsurance 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 CATCo Reinsurance will appreciate offsetting losses from the drop in the long position's value.CATCo Reinsurance Pair Trading
CATCo Reinsurance Opps Pair Trading Analysis
The ability to find closely correlated positions to CATCo Reinsurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CATCo Reinsurance 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 CATCo Reinsurance - 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 CATCo Reinsurance Opps to buy it.
The correlation of CATCo Reinsurance 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 CATCo Reinsurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CATCo Reinsurance Opps 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 CATCo Reinsurance 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 CATCo Reinsurance position
In addition to having CATCo Reinsurance 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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Dynamically computed list of top equities currently sorted across major exchanges. The Latest Losers theme has 221 constituents at this time.
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Additional Tools for CATCo Stock Analysis
When running CATCo Reinsurance's price analysis, check to measure CATCo Reinsurance'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 CATCo Reinsurance is operating at the current time. Most of CATCo Reinsurance's value examination focuses on studying past and present price action to predict the probability of CATCo Reinsurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CATCo Reinsurance's price. Additionally, you may evaluate how the addition of CATCo Reinsurance to your portfolios can decrease your overall portfolio volatility.