North American Gross Profit vs. Total Debt
| FFN Stock | CAD 7.52 0.06 0.79% |
Gross Profit | First Reported 2006-02-28 | Previous Quarter 78.6 M | Current Value 78.6 M | Quarterly Volatility 17.8 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Net Profit Margin | 1.42 | 1.71 |
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| Pretax Profit Margin | 3.63 | 3.46 |
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For North American profitability analysis, we use financial ratios and fundamental drivers that measure the ability of North American to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well North American Financial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between North American's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of North American Financial over time as well as its relative position and ranking within its peers.
North |
North American Financial Total Debt vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining North American's current stock value. Our valuation model uses many indicators to compare North American value to that of its competitors to determine the firm's financial worth. North American Financial is rated # 2 in gross profit category among its peers. It also is rated # 2 in total debt category among its peers making up about 265.83 of Total Debt per Gross Profit. North American reported last year Gross Profit of (21.07 Million). Comparative valuation analysis is a catch-all model that can be used if you cannot value North American by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for North American's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.North Total Debt vs. Gross Profit
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.
North American |
| = | 1.96 M |
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.
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.
North American |
| = | 520.29 M |
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.
North Total Debt vs Competition
North American Financial is rated # 2 in total debt category among its peers. Total debt of Financials industry is currently estimated at about 3.15 Billion. North American retains roughly 520.29 Million in total debt claiming about 16% of equities under Financials industry.
North American Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in North American, profitability is also one of the essential criteria for including it into their portfolios because, without profit, North American will eventually generate negative long term returns. The profitability progress is the general direction of North American's change in net profit over the period of time. It can combine multiple indicators of North American, 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 | -31.4 M | -29.8 M | |
| Total Other Income Expense Net | -49.6 M | -47.1 M | |
| Net Loss | -63.4 M | -60.2 M | |
| Income Tax Expense | -38.8 M | -36.9 M | |
| Income Before Tax | -63.4 M | -60.2 M | |
| Net Loss | -24.5 M | -23.3 M | |
| Net Loss | -41.4 M | -39.3 M | |
| Interest Income | 3.7 M | 3.5 M | |
| Net Interest Income | 2.9 M | 3 M | |
| Change To Netincome | -130.4 M | -123.9 M | |
| Net Loss | (0.58) | (0.55) | |
| Income Quality | (0.17) | (0.16) | |
| Net Income Per E B T | 0.45 | 0.64 |
North Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on North American. 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 North American 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 North American's important profitability drivers and their relationship over time.
Use North American 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 North American 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 North American will appreciate offsetting losses from the drop in the long position's value.North American Pair Trading
North American Financial Pair Trading Analysis
The ability to find closely correlated positions to North American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace North American 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 North American - 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 North American Financial to buy it.
The correlation of North American 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 North American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if North American Financial 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 North American 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 North American position
In addition to having North American 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 North Stock
To fully project North American's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of North American Financial 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 North American's income statement, its balance sheet, and the statement of cash flows.