Crescent Steel Total Debt vs. EBITDA
| CSAP Stock | 103.35 2.32 2.20% |
For Crescent Steel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Crescent Steel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Crescent Steel Allied utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Crescent Steel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Crescent Steel Allied over time as well as its relative position and ranking within its peers.
Crescent |
Crescent Steel Allied EBITDA vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Crescent Steel's current stock value. Our valuation model uses many indicators to compare Crescent Steel value to that of its competitors to determine the firm's financial worth. Crescent Steel Allied is the top company in total debt category among its peers. It also is number one stock in ebitda category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Crescent Steel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Crescent Steel'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.Crescent Total Debt vs. Competition
Crescent Steel Allied is the top company in total debt category among its peers. Total debt of Metals & Mining industry is currently estimated at about 100.76 Million. Crescent Steel totals roughly 50.38 Million in total debt claiming about 50% of all equities under Metals & Mining industry.
Crescent EBITDA 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.
Crescent Steel |
| = | 50.38 M |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Crescent Steel |
| = | (330.97 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Crescent Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Crescent Steel. 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 Crescent Steel 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 Crescent Steel's important profitability drivers and their relationship over time.
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Use Crescent Steel 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 Crescent Steel 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 Crescent Steel will appreciate offsetting losses from the drop in the long position's value.Crescent Steel Pair Trading
Crescent Steel Allied Pair Trading Analysis
The ability to find closely correlated positions to Crescent Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crescent Steel 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 Crescent Steel - 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 Crescent Steel Allied to buy it.
The correlation of Crescent Steel 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 Crescent Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crescent Steel Allied 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 Crescent Steel 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 Crescent Steel position
In addition to having Crescent Steel 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 Gold and Gold Mining Thematic Idea Now
Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 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 Gold and Gold Mining Theme or any other thematic opportunities.
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Other Information on Investing in Crescent Stock
To fully project Crescent Steel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Crescent Steel Allied 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 Crescent Steel's income statement, its balance sheet, and the statement of cash flows.