Coronado Global Return On Asset vs. Price To Sales
| CRN Stock | 0.94 0.02 2.17% |
For Coronado Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Coronado Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Coronado Global Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Coronado Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Coronado Global Resources over time as well as its relative position and ranking within its peers.
Coronado |
Coronado Global Resources Price To Sales vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Coronado Global's current stock value. Our valuation model uses many indicators to compare Coronado Global value to that of its competitors to determine the firm's financial worth. Coronado Global Resources is number one stock in return on asset category among its peers. It also is number one stock in price to sales category among its peers . 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 Coronado Global's earnings, one of the primary drivers of an investment's value.Coronado Price To Sales 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.
Coronado Global |
| = | -0.0242 |
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 Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Coronado Global |
| = | 6.61 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Coronado Price To Sales Comparison
Coronado Global is currently under evaluation in price to sales category among its peers.
Coronado Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Coronado Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Coronado Global will eventually generate negative long term returns. The profitability progress is the general direction of Coronado Global's change in net profit over the period of time. It can combine multiple indicators of Coronado 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 | -131.8 M | -125.2 M | |
| Interest Income | 40.7 M | 40.2 M | |
| Operating Income | 265.4 M | 277.3 M | |
| Income Before Tax | 186.5 M | 231.2 M | |
| Net Income Applicable To Common Shares | 887.5 M | 931.8 M | |
| Net Income | 235.1 M | 204.3 M | |
| Net Income From Continuing Ops | 156.1 M | 220 M | |
| Total Other Income Expense Net | -78.9 M | -82.8 M | |
| Income Tax Expense | -48.6 M | -46.2 M | |
| Net Interest Income | -56.8 M | -59.6 M | |
| Change To Netincome | 41.3 M | 43.4 M |
Coronado Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Coronado 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 Coronado 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 Coronado Global's important profitability drivers and their relationship over time.
Use Coronado 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 Coronado 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 Coronado Global will appreciate offsetting losses from the drop in the long position's value.Coronado Global Pair Trading
Coronado Global Resources Pair Trading Analysis
The ability to find closely correlated positions to Coronado 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 Coronado 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 Coronado 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 Coronado Global Resources to buy it.
The correlation of Coronado 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 Coronado Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coronado Global Resources 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 Coronado 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 Coronado Global position
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Additional Tools for Coronado Stock Analysis
When running Coronado Global's price analysis, check to measure Coronado Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coronado Global is operating at the current time. Most of Coronado Global's value examination focuses on studying past and present price action to predict the probability of Coronado Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coronado Global's price. Additionally, you may evaluate how the addition of Coronado Global to your portfolios can decrease your overall portfolio volatility.