Environmental Waste EBITDA vs. Gross Profit
| EWS Stock | CAD 0.01 0.01 50.00% |
EBITDA | First Reported 2010-12-31 | Previous Quarter -1.6 M | Current Value -1.7 M | Quarterly Volatility 502.9 K |
For Environmental Waste profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Environmental Waste to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Environmental Waste International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Environmental Waste's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Environmental Waste International over time as well as its relative position and ranking within its peers.
Environmental |
Environmental Waste Gross Profit vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Environmental Waste's current stock value. Our valuation model uses many indicators to compare Environmental Waste value to that of its competitors to determine the firm's financial worth. Environmental Waste International is rated # 5 in ebitda category among its peers. It also is rated # 5 in gross profit category among its peers . Environmental Waste reported EBITDA of (1.57 Million) in 2023. 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 Environmental Waste's earnings, one of the primary drivers of an investment's value.Environmental Gross Profit vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Environmental Waste |
| = | (1.57 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Environmental Waste |
| = | (631.94 K) |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Environmental Gross Profit Comparison
Environmental Waste is currently under evaluation in gross profit category among its peers.
Environmental Waste Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Environmental Waste, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Environmental Waste will eventually generate negative long term returns. The profitability progress is the general direction of Environmental Waste's change in net profit over the period of time. It can combine multiple indicators of Environmental Waste, 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 | 102.6 K | 97.5 K | |
| Operating Income | -1.7 M | -1.8 M | |
| Net Loss | -1.8 M | -1.9 M | |
| Income Tax Expense | -32.8 K | -31.2 K | |
| Income Before Tax | -1.9 M | -2 M | |
| Total Other Income Expense Net | -174.5 K | -165.8 K | |
| Net Loss | -1.9 M | -2 M | |
| Net Loss | -1.5 M | -1.5 M | |
| Net Interest Income | -260.5 K | -273.5 K | |
| Interest Income | 1.7 K | 1.5 K | |
| Change To Netincome | -441.2 K | -419.1 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.48 | 0.38 | |
| Net Income Per E B T | 0.98 | 1.05 |
Environmental Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Environmental Waste. 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 Environmental Waste 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 Environmental Waste's important profitability drivers and their relationship over time.
Use Environmental Waste 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 Environmental Waste 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 Environmental Waste will appreciate offsetting losses from the drop in the long position's value.Environmental Waste Pair Trading
Environmental Waste International Pair Trading Analysis
The ability to find closely correlated positions to Environmental Waste could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Environmental Waste 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 Environmental Waste - 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 Environmental Waste International to buy it.
The correlation of Environmental Waste 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 Environmental Waste moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Environmental Waste 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 Environmental Waste 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 Environmental Waste position
In addition to having Environmental Waste 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 Environmental Stock Analysis
When running Environmental Waste's price analysis, check to measure Environmental Waste'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 Environmental Waste is operating at the current time. Most of Environmental Waste's value examination focuses on studying past and present price action to predict the probability of Environmental Waste's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Environmental Waste's price. Additionally, you may evaluate how the addition of Environmental Waste to your portfolios can decrease your overall portfolio volatility.