Ceres Power Price To Book vs. Total Debt
| CFJA Stock | EUR 1.93 0.01 0.52% |
For Ceres Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ceres Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ceres Power Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ceres Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ceres Power Holdings over time as well as its relative position and ranking within its peers.
Ceres |
Ceres Power Holdings Total Debt vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ceres Power's current stock value. Our valuation model uses many indicators to compare Ceres Power value to that of its competitors to determine the firm's financial worth. Ceres Power Holdings is rated second in price to book category among its peers. It is rated third in total debt category among its peers making up about 1,154,216 of Total Debt per Price To Book. 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 Ceres Power's earnings, one of the primary drivers of an investment's value.Ceres Total Debt vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Ceres Power |
| = | 2.81 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
Ceres Power |
| = | 3.24 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.
Ceres Total Debt vs Competition
Ceres Power Holdings is rated third in total debt category among its peers. Total debt of Electrical Equipment & Parts industry is currently estimated at about 881.54 Billion. Ceres Power adds roughly 3.24 Million in total debt claiming only tiny portion of equities under Electrical Equipment & Parts industry.
Ceres Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ceres Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ceres Power will eventually generate negative long term returns. The profitability progress is the general direction of Ceres Power's change in net profit over the period of time. It can combine multiple indicators of Ceres Power, 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.
Ceres Power Holdings plc, a fuel cell technology and engineering company, engages in the development and commercialization of fuel cell technology in North America, Asia, and Europe. The company was founded in 2001 and is headquartered in Horsham, the United Kingdom. CERES POWER operates under Electrical Equipment Parts classification in Germany and is traded on Frankfurt Stock Exchange. It employs 432 people.
Ceres Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ceres Power. 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 Ceres Power 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 Ceres Power's important profitability drivers and their relationship over time.
Use Ceres Power 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 Ceres Power 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 Ceres Power will appreciate offsetting losses from the drop in the long position's value.Ceres Power Pair Trading
Ceres Power Holdings Pair Trading Analysis
The ability to find closely correlated positions to Ceres Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ceres Power 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 Ceres Power - 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 Ceres Power Holdings to buy it.
The correlation of Ceres Power 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 Ceres Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ceres Power Holdings 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 Ceres Power 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 Ceres Power position
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Other Information on Investing in Ceres Stock
To fully project Ceres Power's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ceres Power Holdings 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 Ceres Power's income statement, its balance sheet, and the statement of cash flows.