Fridays Dog Current Ratio vs. Operating Margin
Fridays Dog Holdings Operating Margin vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fridays Dog's current stock value. Our valuation model uses many indicators to compare Fridays Dog value to that of its competitors to determine the firm's financial worth. Fridays Dog Holdings is one of the top stocks in current ratio category among its peers. It is rated below average in operating margin category among its peers . 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 Fridays Dog's earnings, one of the primary drivers of an investment's value.Fridays Operating Margin vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Fridays Dog |
| = | 26.09 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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.
Fridays Dog |
| = | (75.93) % |
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.
Fridays Operating Margin Comparison
Fridays Dog is currently under evaluation in operating margin category among its peers.
Fridays Dog Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fridays Dog, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fridays Dog will eventually generate negative long term returns. The profitability progress is the general direction of Fridays Dog's change in net profit over the period of time. It can combine multiple indicators of Fridays Dog, 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.
Fridays Dog Holdings Inc. provides dog care products in Canada. The company primarily sells its products through various e-commerce websites. Fridays Dog is traded on OTC Exchange in the United States.
Fridays Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fridays Dog. 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 Fridays Dog 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 Fridays Dog's important profitability drivers and their relationship over time.
Fridays Dog Earnings per Share Projection vs Actual
Use Fridays Dog 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 Fridays Dog 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 Fridays Dog will appreciate offsetting losses from the drop in the long position's value.Fridays Dog Pair Trading
Fridays Dog Holdings Pair Trading Analysis
The ability to find closely correlated positions to Fridays Dog could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fridays Dog 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 Fridays Dog - 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 Fridays Dog Holdings to buy it.
The correlation of Fridays Dog 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 Fridays Dog moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fridays Dog Holdings 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 Fridays Dog 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 Fridays Dog position
In addition to having Fridays Dog 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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Other Information on Investing in Fridays Pink Sheet
To fully project Fridays Dog's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fridays Dog Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Fridays Dog's income statement, its balance sheet, and the statement of cash flows.