Eureka Acquisition Net Income vs. Retained Earnings
| EURKU Stock | 10.32 0.00 0.00% |
Net Income | First Reported 2010-12-31 | Previous Quarter 294.1 K | Current Value 308.8 K | Quarterly Volatility 6.6 M |
For Eureka Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eureka Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eureka Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eureka Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eureka Acquisition Corp over time as well as its relative position and ranking within its peers.
Eureka |
Is Trading space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eureka Acquisition. If investors know Eureka will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eureka Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Eureka Acquisition Corp is measured differently than its book value, which is the value of Eureka that is recorded on the company's balance sheet. Investors also form their own opinion of Eureka Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Eureka Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eureka Acquisition's market value can be influenced by many factors that don't directly affect Eureka Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eureka Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eureka Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eureka Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Eureka Acquisition Corp Retained Earnings vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eureka Acquisition's current stock value. Our valuation model uses many indicators to compare Eureka Acquisition value to that of its competitors to determine the firm's financial worth. Eureka Acquisition Corp is one of the top stocks in net income category among its peers. It also is one of the top stocks in retained earnings category among its peers reporting about 0.98 of Retained Earnings per Net Income. The ratio of Net Income to Retained Earnings for Eureka Acquisition Corp is roughly 1.02 . At this time, Eureka Acquisition's Net Income is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Eureka Acquisition by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Eureka Retained Earnings vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Eureka Acquisition |
| = | 255.72 K |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Eureka Acquisition |
| = | 250.4 K |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Eureka Retained Earnings Comparison
Eureka Acquisition is currently under evaluation in retained earnings category among its peers.
Eureka Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eureka Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eureka Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Eureka Acquisition's change in net profit over the period of time. It can combine multiple indicators of Eureka Acquisition, 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 | ||
| Operating Income | -318.7 K | -302.7 K | |
| Income Before Tax | 294.1 K | 308.8 K | |
| Total Other Income Expense Net | 701.3 K | 736.3 K | |
| Net Income | 294.1 K | 308.8 K | |
| Income Tax Expense | -4.8 K | -5 K | |
| Net Interest Income | 548.8 K | 487.8 K | |
| Interest Income | 548.8 K | 487.8 K | |
| Net Income From Continuing Ops | 230.1 K | 204.6 K | |
| Net Income Per Share | 0.18 | 0.17 | |
| Income Quality | (1.27) | (1.21) | |
| Net Income Per E B T | 2.7 K | 2.4 K |
Eureka Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eureka Acquisition. 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 Eureka Acquisition 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 Eureka Acquisition's important profitability drivers and their relationship over time.
Use Eureka Acquisition 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 Eureka Acquisition 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 Eureka Acquisition will appreciate offsetting losses from the drop in the long position's value.Eureka Acquisition Pair Trading
Eureka Acquisition Corp Pair Trading Analysis
The ability to find closely correlated positions to Eureka Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eureka Acquisition 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 Eureka Acquisition - 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 Eureka Acquisition Corp to buy it.
The correlation of Eureka Acquisition 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 Eureka Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eureka Acquisition Corp 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 Eureka Acquisition 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 Eureka Acquisition position
In addition to having Eureka Acquisition 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 Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 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 Robots And Drones Theme or any other thematic opportunities.
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Additional Tools for Eureka Stock Analysis
When running Eureka Acquisition's price analysis, check to measure Eureka Acquisition'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 Eureka Acquisition is operating at the current time. Most of Eureka Acquisition's value examination focuses on studying past and present price action to predict the probability of Eureka Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eureka Acquisition's price. Additionally, you may evaluate how the addition of Eureka Acquisition to your portfolios can decrease your overall portfolio volatility.