Credit Corp Net Income vs. Cash And Equivalents
| CCP Stock | 16.66 0.02 0.12% |
Net Income | First Reported 1997-12-31 | Previous Quarter -12.1 M | Current Value 62.8 M | Quarterly Volatility 17.7 M |
For Credit Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Credit Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Credit Corp Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Credit Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Credit Corp Group over time as well as its relative position and ranking within its peers.
Credit |
Credit Corp Group Cash And Equivalents vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Credit Corp's current stock value. Our valuation model uses many indicators to compare Credit Corp value to that of its competitors to determine the firm's financial worth. Credit Corp Group is number one stock in net income category among its peers. It also is number one stock in cash and equivalents category among its peers creating about 1.30 of Cash And Equivalents per Net Income. At this time, Credit Corp's Net Income 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 Credit Corp's earnings, one of the primary drivers of an investment's value.Credit Cash And Equivalents 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.
Credit Corp |
| = | 50.71 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 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.
Credit Corp |
| = | 65.82 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).
Credit Cash And Equivalents Comparison
Credit Corp is currently under evaluation in cash and equivalents category among its peers.
Credit Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Credit Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Credit Corp will eventually generate negative long term returns. The profitability progress is the general direction of Credit Corp's change in net profit over the period of time. It can combine multiple indicators of Credit Corp, 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 | 44.7 M | 46.9 M | |
| Operating Income | 144.2 M | 151.4 M | |
| Income Before Tax | 72.8 M | 47.8 M | |
| Total Other Income Expense Net | -71.4 M | -67.9 M | |
| Net Income | 50.7 M | 35.5 M | |
| Income Tax Expense | 22.1 M | 15.3 M | |
| Net Income Applicable To Common Shares | 104.9 M | 110.2 M | |
| Net Income From Continuing Ops | 50.7 M | 65.5 M | |
| Net Interest Income | -24.9 M | -23.7 M | |
| Interest Income | 1 M | 958.5 K | |
| Change To Netincome | 76.6 M | 80.4 M |
Credit Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Credit Corp. 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 Credit Corp 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 Credit Corp's important profitability drivers and their relationship over time.
Use Credit Corp 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 Credit Corp 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 Credit Corp will appreciate offsetting losses from the drop in the long position's value.Credit Corp Pair Trading
Credit Corp Group Pair Trading Analysis
The ability to find closely correlated positions to Credit Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credit Corp 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 Credit Corp - 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 Credit Corp Group to buy it.
The correlation of Credit Corp 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 Credit Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credit Corp Group 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 Credit Corp 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 Credit Corp position
In addition to having Credit Corp 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 Credit Stock Analysis
When running Credit Corp's price analysis, check to measure Credit Corp'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 Credit Corp is operating at the current time. Most of Credit Corp's value examination focuses on studying past and present price action to predict the probability of Credit Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credit Corp's price. Additionally, you may evaluate how the addition of Credit Corp to your portfolios can decrease your overall portfolio volatility.