CTT Pharmaceutical Debt To Equity vs. Price To Book
| CTTH Stock | USD 0.07 0 2.29% |
For CTT Pharmaceutical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CTT Pharmaceutical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CTT Pharmaceutical Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CTT Pharmaceutical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CTT Pharmaceutical Holdings over time as well as its relative position and ranking within its peers.
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CTT Pharmaceutical Price To Book vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CTT Pharmaceutical's current stock value. Our valuation model uses many indicators to compare CTT Pharmaceutical value to that of its competitors to determine the firm's financial worth. CTT Pharmaceutical Holdings is rated second in debt to equity category among its peers. It also is rated second in price to book category among its peers fabricating about 90.18 of Price To Book per Debt To Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value CTT Pharmaceutical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CTT Pharmaceutical's Pink Sheet. 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.CTT Price To Book vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
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| = | 0.12 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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.
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| = | 10.64 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.
CTT Price To Book Comparison
CTT Pharmaceutical is currently under evaluation in price to book category among its peers.
CTT Pharmaceutical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CTT Pharmaceutical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CTT Pharmaceutical will eventually generate negative long term returns. The profitability progress is the general direction of CTT Pharmaceutical's change in net profit over the period of time. It can combine multiple indicators of CTT Pharmaceutical, 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.
CTT Pharmaceutical Holdings, Inc. engages in the development of oral drug delivery systems for pain management and treatment. The company was formerly known as Mindesta Inc. and changed its name to CTT Pharmaceutical Holdings, Inc. in July 2015. Ctt Pharmaceutical is traded on OTC Exchange in the United States.
CTT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CTT Pharmaceutical. 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 CTT Pharmaceutical 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 CTT Pharmaceutical's important profitability drivers and their relationship over time.
Use CTT Pharmaceutical 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 CTT Pharmaceutical 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 CTT Pharmaceutical will appreciate offsetting losses from the drop in the long position's value.CTT Pharmaceutical Pair Trading
CTT Pharmaceutical Holdings Pair Trading Analysis
The ability to find closely correlated positions to CTT Pharmaceutical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CTT Pharmaceutical 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 CTT Pharmaceutical - 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 CTT Pharmaceutical Holdings to buy it.
The correlation of CTT Pharmaceutical 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 CTT Pharmaceutical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CTT Pharmaceutical 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 CTT Pharmaceutical 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 CTT Pharmaceutical position
In addition to having CTT Pharmaceutical 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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Cash Cows
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Other Information on Investing in CTT Pink Sheet
To fully project CTT Pharmaceutical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CTT Pharmaceutical 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 CTT Pharmaceutical's income statement, its balance sheet, and the statement of cash flows.