Connecticut Light Total Debt vs. Net Income
| CNLPM Stock | USD 33.31 0.05 0.15% |
For Connecticut Light profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Connecticut Light to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The Connecticut Light utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Connecticut Light's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The Connecticut Light over time as well as its relative position and ranking within its peers.
Connecticut |
Connecticut Light Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Connecticut Light's current stock value. Our valuation model uses many indicators to compare Connecticut Light value to that of its competitors to determine the firm's financial worth. The Connecticut Light is the top company in total debt category among its peers. It also is number one stock in net income category among its peers making up about 0.29 of Net Income per Total Debt. The ratio of Total Debt to Net Income for The Connecticut Light is roughly 3.49 . 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 Connecticut Light's earnings, one of the primary drivers of an investment's value.Connecticut Total Debt vs. Competition
The Connecticut Light is the top company in total debt category among its peers. Total debt of Utilities—Regulated Electric industry is currently estimated at about 496.18 Billion. Connecticut Light maintains roughly 4.28 Billion in total debt contributing less than 1% to Utilities—Regulated Electric industry.
Connecticut Net Income 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.
Connecticut Light |
| = | 4.28 B |
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.
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.
Connecticut Light |
| = | 1.23 B |
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.
Connecticut Net Income Comparison
Connecticut Light is currently under evaluation in net income category among its peers.
Connecticut Light Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Connecticut Light, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Connecticut Light will eventually generate negative long term returns. The profitability progress is the general direction of Connecticut Light's change in net profit over the period of time. It can combine multiple indicators of Connecticut Light, 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.
The Connecticut Light and Power Company, a regulated electric utility, engages in the purchase, delivery, and sale of electricity to residential, commercial, and industrial customers. The Connecticut Light and Power Company is a subsidiary of Eversource Energy. Conn Lt is traded on OTC Exchange in the United States.
Connecticut Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Connecticut Light. 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 Connecticut Light 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 Connecticut Light's important profitability drivers and their relationship over time.
Use Connecticut Light 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 Connecticut Light 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 Connecticut Light will appreciate offsetting losses from the drop in the long position's value.Connecticut Light Pair Trading
The Connecticut Light Pair Trading Analysis
The ability to find closely correlated positions to Connecticut Light could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Connecticut Light 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 Connecticut Light - 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 The Connecticut Light to buy it.
The correlation of Connecticut Light 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 Connecticut Light moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Connecticut Light 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 Connecticut Light 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 Connecticut Light position
In addition to having Connecticut Light 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 Consumption Thematic Idea Now
Consumption
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 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 Consumption Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Connecticut Pink Sheet
To fully project Connecticut Light's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Connecticut Light 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 Connecticut Light's income statement, its balance sheet, and the statement of cash flows.