Coinbase Global Return On Asset vs. Price To Book
| COIN Stock | USD 296.20 14.78 4.75% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.94 | 0.8647 |
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For Coinbase Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Coinbase Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Coinbase Global utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Coinbase Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Coinbase Global over time as well as its relative position and ranking within its peers.
Coinbase |
Coinbase Global's Revenue Breakdown by Earning Segment
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Is Diversified Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coinbase Global. If investors know Coinbase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coinbase Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.27 | Earnings Share 5.89 | Revenue Per Share 20.46 | Quarterly Revenue Growth 0.812 | Return On Assets 0.0041 |
The market value of Coinbase Global is measured differently than its book value, which is the value of Coinbase that is recorded on the company's balance sheet. Investors also form their own opinion of Coinbase Global's value that differs from its market value or its book value, called intrinsic value, which is Coinbase Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coinbase Global's market value can be influenced by many factors that don't directly affect Coinbase Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coinbase Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coinbase Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coinbase Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Coinbase Global Price To Book vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Coinbase Global's current stock value. Our valuation model uses many indicators to compare Coinbase Global value to that of its competitors to determine the firm's financial worth. Coinbase Global is rated below average in return on asset category among its peers. It is rated third in price to book category among its peers fabricating about 2,072 of Price To Book per Return On Asset. As of the 2nd of December 2024, Price To Book Ratio is likely to drop to 6.20. 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 Coinbase Global's earnings, one of the primary drivers of an investment's value.Coinbase Global's Earnings Breakdown by Geography
Coinbase Price To Book 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.
Coinbase Global |
| = | 0.0041 |
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.
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.
Coinbase Global |
| = | 8.50 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.
Coinbase Price To Book Comparison
Coinbase Global is currently under evaluation in price to book category among its peers.
Coinbase Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Coinbase Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Coinbase Global will eventually generate negative long term returns. The profitability progress is the general direction of Coinbase Global's change in net profit over the period of time. It can combine multiple indicators of Coinbase Global, 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 | -30.3 M | -28.8 M | |
| Operating Income | -113.2 M | -107.5 M | |
| Net Income From Continuing Ops | 94.9 M | 90.1 M | |
| Income Before Tax | -76.8 M | -73 M | |
| Total Other Income Expense Net | 36.4 M | 38.2 M | |
| Net Loss | -2.4 B | -2.2 B | |
| Net Income | 94.9 M | 90.1 M | |
| Income Tax Expense | -171.7 M | -180.3 M | |
| Net Interest Income | -82.8 M | -86.9 M | |
| Non Operating Income Net Other | -238.9 M | -250.9 M | |
| Change To Netincome | 1.4 B | 1.5 B | |
| Net Income Per Share | 0.40 | 0.38 | |
| Income Quality | 9.73 | 10.21 | |
| Net Loss | (1.23) | (1.17) |
Coinbase Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Coinbase Global. 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 Coinbase Global 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 Coinbase Global's important profitability drivers and their relationship over time.
Use Coinbase Global 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 Coinbase Global 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 Coinbase Global will appreciate offsetting losses from the drop in the long position's value.Coinbase Global Pair Trading
Coinbase Global Pair Trading Analysis
The ability to find closely correlated positions to Coinbase Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coinbase Global 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 Coinbase Global - 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 Coinbase Global to buy it.
The correlation of Coinbase Global 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 Coinbase Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coinbase Global 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 Coinbase Global 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 Coinbase Global position
In addition to having Coinbase Global 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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Check out Trending Equities. To learn how to invest in Coinbase Stock, please use our How to Invest in Coinbase Global guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
To fully project Coinbase Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Coinbase Global 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 Coinbase Global's income statement, its balance sheet, and the statement of cash flows.