Comcast Return On Asset vs. Debt To Equity
| CMCS34 Stock | BRL 52.58 0.60 1.15% |
For Comcast profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Comcast to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Comcast utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Comcast's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Comcast over time as well as its relative position and ranking within its peers.
Comcast |
Comcast Debt To Equity vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Comcast's current stock value. Our valuation model uses many indicators to compare Comcast value to that of its competitors to determine the firm's financial worth. Comcast is number one stock in return on asset category among its peers. It also is number one stock in debt to equity category among its peers fabricating about 20.17 of Debt To Equity per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Comcast by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Comcast's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Comcast Debt To Equity vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Comcast |
| = | 0.053 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Comcast |
| = | 1.07 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Comcast Debt To Equity Comparison
Comcast is currently under evaluation in debt to equity category among its peers.
Comcast Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Comcast, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Comcast will eventually generate negative long term returns. The profitability progress is the general direction of Comcast's change in net profit over the period of time. It can combine multiple indicators of Comcast, 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.
Comcast Corporation operates as a media and technology company worldwide. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania. COMCAST DRN operates under Entertainment classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 168000 people.
Comcast Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Comcast. 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 Comcast 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 Comcast's important profitability drivers and their relationship over time.
Use Comcast 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 Comcast 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 Comcast will appreciate offsetting losses from the drop in the long position's value.Comcast Pair Trading
Comcast Pair Trading Analysis
The ability to find closely correlated positions to Comcast could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comcast 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 Comcast - 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 Comcast to buy it.
The correlation of Comcast 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 Comcast moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comcast 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 Comcast 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 Comcast position
In addition to having Comcast 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 Entertainment Thematic Idea Now
Entertainment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Entertainment theme has 61 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 Entertainment Theme or any other thematic opportunities.
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Other Information on Investing in Comcast Stock
To fully project Comcast's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Comcast 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 Comcast's income statement, its balance sheet, and the statement of cash flows.