Event Hospitality Total Debt vs. Return On Asset
| EVT Stock | 11.94 0.12 1.02% |
For Event Hospitality profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Event Hospitality to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Event Hospitality and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Event Hospitality's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Event Hospitality and over time as well as its relative position and ranking within its peers.
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Event Hospitality Return On Asset vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Event Hospitality's current stock value. Our valuation model uses many indicators to compare Event Hospitality value to that of its competitors to determine the firm's financial worth. Event Hospitality and is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in return on asset category among its peers . The ratio of Total Debt to Return On Asset for Event Hospitality and is about 61,028,479,263 . 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 Event Hospitality's earnings, one of the primary drivers of an investment's value.Event Total Debt vs. Competition
Event Hospitality and is rated as one of the top companies in total debt category among its peers. Total debt of Communication Services industry is currently estimated at about 3.33 Trillion. Event Hospitality adds roughly 1.32 Billion in total debt claiming only tiny portion of stocks in Communication Services industry.
Event Return On Asset 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.
Event Hospitality |
| = | 1.32 B |
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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Event Hospitality |
| = | 0.0217 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Event Return On Asset Comparison
Event Hospitality is currently under evaluation in return on asset category among its peers.
Event Hospitality Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Event Hospitality, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Event Hospitality will eventually generate negative long term returns. The profitability progress is the general direction of Event Hospitality's change in net profit over the period of time. It can combine multiple indicators of Event Hospitality, 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 | 94.2 M | 67.3 M | |
| Operating Income | 89.9 M | 50.2 M | |
| Income Before Tax | 44.5 M | 73.8 M | |
| Total Other Income Expense Net | -45.4 M | -43.1 M | |
| Net Income | 4.8 M | 4.6 M | |
| Income Tax Expense | 39.7 M | 24.8 M | |
| Net Income Applicable To Common Shares | 122.5 M | 73.7 M | |
| Net Income From Continuing Ops | 4.8 M | 4.6 M | |
| Interest Income | 2.4 M | 2.3 M | |
| Net Interest Income | -51.1 M | -48.6 M | |
| Change To Netincome | -40.4 M | -38.4 M |
Event Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Event Hospitality. 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 Event Hospitality 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 Event Hospitality's important profitability drivers and their relationship over time.
Use Event Hospitality 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 Event Hospitality 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 Event Hospitality will appreciate offsetting losses from the drop in the long position's value.Event Hospitality Pair Trading
Event Hospitality and Pair Trading Analysis
The ability to find closely correlated positions to Event Hospitality could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Event Hospitality 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 Event Hospitality - 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 Event Hospitality and to buy it.
The correlation of Event Hospitality 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 Event Hospitality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Event Hospitality 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 Event Hospitality 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 Event Hospitality position
In addition to having Event Hospitality 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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Additional Tools for Event Stock Analysis
When running Event Hospitality's price analysis, check to measure Event Hospitality'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 Event Hospitality is operating at the current time. Most of Event Hospitality's value examination focuses on studying past and present price action to predict the probability of Event Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Event Hospitality's price. Additionally, you may evaluate how the addition of Event Hospitality to your portfolios can decrease your overall portfolio volatility.