Element Nutritional Price To Sales vs. Debt To Equity
ELNSFDelisted Stock | USD 0.16 0.00 0.00% |
For Element Nutritional profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Element Nutritional to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Element Nutritional Sciences utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Element Nutritional's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Element Nutritional Sciences over time as well as its relative position and ranking within its peers.
Element |
Element Nutritional Debt To Equity vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Element Nutritional's current stock value. Our valuation model uses many indicators to compare Element Nutritional value to that of its competitors to determine the firm's financial worth. Element Nutritional Sciences is rated # 3 in price to sales category among its peers. It is rated below average in debt to equity category among its peers fabricating about 0.22 of Debt To Equity per Price To Sales. The ratio of Price To Sales to Debt To Equity for Element Nutritional Sciences is roughly 4.48 . 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 Element Nutritional's earnings, one of the primary drivers of an investment's value.Element Debt To Equity vs. Price To Sales
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.
Element Nutritional |
| = | 2.01 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.
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.
Element Nutritional |
| = | 0.45 % |
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.
Element Debt To Equity Comparison
Element Nutritional is currently under evaluation in debt to equity category among its peers.
Element Nutritional Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Element Nutritional, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Element Nutritional will eventually generate negative long term returns. The profitability progress is the general direction of Element Nutritional's change in net profit over the period of time. It can combine multiple indicators of Element Nutritional, 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.
Element Nutritional Sciences Inc., a nutraceutical company, develops nutritional products. Element Nutritional Sciences Inc. is headquartered in Burlington, Canada. Element Nutritional is traded on OTC Exchange in the United States.
Element Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Element Nutritional. 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 Element Nutritional 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 Element Nutritional's important profitability drivers and their relationship over time.
Use Element Nutritional 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 Element Nutritional 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 Element Nutritional will appreciate offsetting losses from the drop in the long position's value.Element Nutritional Pair Trading
Element Nutritional Sciences Pair Trading Analysis
The ability to find closely correlated positions to Element Nutritional could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Element Nutritional 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 Element Nutritional - 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 Element Nutritional Sciences to buy it.
The correlation of Element Nutritional 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 Element Nutritional moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Element Nutritional 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 Element Nutritional 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 Element Nutritional position
In addition to having Element Nutritional 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 Large Blend Funds Thematic Idea Now
Large Blend Funds
Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend Funds theme has 44 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 Large Blend Funds Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Consideration for investing in Element OTC Stock
If you are still planning to invest in Element Nutritional check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Element Nutritional's history and understand the potential risks before investing.
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