Elcora Advanced Revenue vs. Operating Margin
| ERA Stock | CAD 0.02 0.00 0.00% |
Total Revenue | First Reported 2016-12-31 | Previous Quarter -63 K | Current Value 0.0 | Quarterly Volatility 35.2 K |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.38 | 0.42 |
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For Elcora Advanced profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elcora Advanced to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elcora Advanced Materials utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elcora Advanced's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elcora Advanced Materials over time as well as its relative position and ranking within its peers.
Elcora |
Elcora Advanced Materials Operating Margin vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Elcora Advanced's current stock value. Our valuation model uses many indicators to compare Elcora Advanced value to that of its competitors to determine the firm's financial worth. Elcora Advanced Materials is rated # 4 in revenue category among its peers. It is rated # 3 in operating margin category among its peers . At this time, Elcora Advanced's Total Revenue is fairly stable compared to the past year. 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 Elcora Advanced's earnings, one of the primary drivers of an investment's value.Elcora Revenue vs. Competition
Elcora Advanced Materials is rated # 4 in revenue category among its peers. Market size based on revenue of Materials industry is currently estimated at about 851.9 Million. Elcora Advanced adds roughly 120,980 in revenue claiming only tiny portion of all equities under Materials industry.
Elcora Operating Margin vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Elcora Advanced |
| = | 120.98 K |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Elcora Advanced |
| = | (8.04) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Elcora Operating Margin Comparison
Elcora Advanced is currently under evaluation in operating margin category among its peers.
Elcora Advanced Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Elcora Advanced, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elcora Advanced will eventually generate negative long term returns. The profitability progress is the general direction of Elcora Advanced's change in net profit over the period of time. It can combine multiple indicators of Elcora Advanced, 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 | 25.6 K | 24.3 K | |
| Operating Income | -1 M | -1.1 M | |
| Income Before Tax | -1.3 M | -1.3 M | |
| Net Loss | -1.3 M | -1.3 M | |
| Total Other Income Expense Net | -105.7 K | -111 K | |
| Income Tax Expense | 241.4 K | 253.5 K | |
| Net Loss | -1.3 M | -1.3 M | |
| Net Loss | -1.8 M | -1.9 M | |
| Net Interest Income | -131.2 K | -137.8 K | |
| Interest Income | 297.00 | 282.15 | |
| Change To Netincome | 774.7 K | 1.3 M | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.12 | 0.11 | |
| Net Income Per E B T | 0.90 | 0.78 |
Elcora Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Elcora Advanced. 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 Elcora Advanced 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 Elcora Advanced's important profitability drivers and their relationship over time.
Use Elcora Advanced 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 Elcora Advanced 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 Elcora Advanced will appreciate offsetting losses from the drop in the long position's value.Elcora Advanced Pair Trading
Elcora Advanced Materials Pair Trading Analysis
The ability to find closely correlated positions to Elcora Advanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elcora Advanced 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 Elcora Advanced - 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 Elcora Advanced Materials to buy it.
The correlation of Elcora Advanced 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 Elcora Advanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elcora Advanced Materials 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 Elcora Advanced 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 Elcora Advanced position
In addition to having Elcora Advanced 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 Asset Allocation ETFs Thematic Idea Now
Asset Allocation ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Asset Allocation ETFs theme has 144 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 Asset Allocation ETFs Theme or any other thematic opportunities.
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Additional Tools for Elcora Stock Analysis
When running Elcora Advanced's price analysis, check to measure Elcora Advanced'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 Elcora Advanced is operating at the current time. Most of Elcora Advanced's value examination focuses on studying past and present price action to predict the probability of Elcora Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elcora Advanced's price. Additionally, you may evaluate how the addition of Elcora Advanced to your portfolios can decrease your overall portfolio volatility.