CAL MAINE EBITDA vs. Total Asset
| CM2 Stock | EUR 91.44 0.10 0.11% |
For CAL MAINE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CAL MAINE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CAL MAINE FOODS utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CAL MAINE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CAL MAINE FOODS over time as well as its relative position and ranking within its peers.
CAL |
CAL MAINE FOODS Total Asset vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CAL MAINE's current stock value. Our valuation model uses many indicators to compare CAL MAINE value to that of its competitors to determine the firm's financial worth. CAL MAINE FOODS is rated below average in ebitda category among its peers. It also is rated below average in total asset category among its peers fabricating about 6.08 of Total Asset per EBITDA. 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 CAL MAINE's earnings, one of the primary drivers of an investment's value.CAL Total Asset vs. EBITDA
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.
CAL MAINE |
| = | 234.81 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.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
CAL MAINE |
| = | 1.43 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
CAL Total Asset Comparison
CAL MAINE is currently under evaluation in total asset category among its peers.
CAL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CAL MAINE. 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 CAL MAINE 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 CAL MAINE's important profitability drivers and their relationship over time.
Use CAL MAINE 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 CAL MAINE 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 CAL MAINE will appreciate offsetting losses from the drop in the long position's value.CAL MAINE Pair Trading
CAL MAINE FOODS Pair Trading Analysis
The ability to find closely correlated positions to CAL MAINE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CAL MAINE 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 CAL MAINE - 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 CAL MAINE FOODS to buy it.
The correlation of CAL MAINE 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 CAL MAINE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CAL MAINE FOODS 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 CAL MAINE 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 CAL MAINE position
In addition to having CAL MAINE 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 Large Cap ETFs Thematic Idea Now
Large Cap ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Large Cap ETFs theme has 676 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 Large Cap ETFs Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in CAL Stock
When determining whether CAL MAINE FOODS is a strong investment it is important to analyze CAL MAINE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CAL MAINE's future performance. For an informed investment choice regarding CAL Stock, refer to the following important reports:Check out Trending Equities. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
To fully project CAL MAINE's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CAL MAINE FOODS 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 CAL MAINE's income statement, its balance sheet, and the statement of cash flows.