Coal India Return On Asset vs. Shares Outstanding
| COALINDIA | 416.40 1.20 0.29% |
For Coal India profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Coal India to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Coal India Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Coal India's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Coal India Limited over time as well as its relative position and ranking within its peers.
Coal |
Coal India Limited Shares Outstanding vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Coal India's current stock value. Our valuation model uses many indicators to compare Coal India value to that of its competitors to determine the firm's financial worth. Coal India Limited is number one stock in return on asset category among its peers. It also is number one stock in shares outstanding category among its peers creating about 57,649,485,351 of Shares Outstanding per Return On Asset. As of November 30, 2024, Common Stock Shares Outstanding is expected to decline to about 5 B. 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 Coal India's earnings, one of the primary drivers of an investment's value.Coal Shares Outstanding 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.
Coal India |
| = | 0.11 |
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Coal India |
| = | 6.16 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Coal Shares Outstanding Comparison
Coal India is currently under evaluation in shares outstanding category among its peers.
Coal India Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Coal India, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Coal India will eventually generate negative long term returns. The profitability progress is the general direction of Coal India's change in net profit over the period of time. It can combine multiple indicators of Coal India, 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 | 221.4 B | 232.5 B | |
| Operating Income | 460.6 B | 483.6 B | |
| Income Before Tax | 488.1 B | 512.5 B | |
| Total Other Income Expense Net | 27.6 B | 29 B | |
| Net Income | 488.1 B | 512.5 B | |
| Income Tax Expense | 114.4 B | 60.3 B | |
| Net Income From Continuing Ops | 373.7 B | 189.1 B | |
| Net Income Applicable To Common Shares | 323.9 B | 167 B | |
| Interest Income | 45.7 B | 48 B | |
| Net Interest Income | -8.2 B | -7.8 B | |
| Change To Netincome | 4.1 B | 4.3 B |
Coal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Coal India. 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 Coal India 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 Coal India's important profitability drivers and their relationship over time.
Use Coal India 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 Coal India 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 Coal India will appreciate offsetting losses from the drop in the long position's value.Coal India Pair Trading
Coal India Limited Pair Trading Analysis
The ability to find closely correlated positions to Coal India could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coal India 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 Coal India - 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 Coal India Limited to buy it.
The correlation of Coal India 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 Coal India moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coal India Limited 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 Coal India 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 Coal India position
In addition to having Coal India 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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Drugs
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Other Information on Investing in Coal Stock
To fully project Coal India's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Coal India Limited 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 Coal India's income statement, its balance sheet, and the statement of cash flows.