First Tractor Price To Sales vs. Total Debt
| FIRRF Stock | USD 0.63 0.00 0.00% |
For First Tractor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Tractor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Tractor utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Tractor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Tractor over time as well as its relative position and ranking within its peers.
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First Tractor Total Debt vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining First Tractor's current stock value. Our valuation model uses many indicators to compare First Tractor value to that of its competitors to determine the firm's financial worth. First Tractor is rated below average in price to sales category among its peers. It also is rated below average in total debt category among its peers making up about 955,690,704 of Total Debt per Price To Sales. 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 First Tractor's earnings, one of the primary drivers of an investment's value.First Total Debt vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
First Tractor |
| = | 0.12 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
First Tractor |
| = | 110 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.
First Tractor Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First Tractor, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Tractor will eventually generate negative long term returns. The profitability progress is the general direction of First Tractor's change in net profit over the period of time. It can combine multiple indicators of First Tractor, 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.
First Tractor Company Limited engages in the research and development, manufacture, and sale of agricultural and power machinery, and related spare parts worldwide. First Tractor Company Limited was founded in 1955 and is based in Luoyang, China. First Tractor operates under Farm Heavy Construction Machinery classification in the United States and is traded on OTC Exchange. It employs 7435 people.
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First Tractor. 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 First Tractor 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 First Tractor's important profitability drivers and their relationship over time.
Use First Tractor 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 First Tractor 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 First Tractor will appreciate offsetting losses from the drop in the long position's value.First Tractor Pair Trading
First Tractor Pair Trading Analysis
The ability to find closely correlated positions to First Tractor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Tractor 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 First Tractor - 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 First Tractor to buy it.
The correlation of First Tractor 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 First Tractor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Tractor 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 First Tractor 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 First Tractor position
In addition to having First Tractor 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 First Pink Sheet
To fully project First Tractor's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First Tractor 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 First Tractor's income statement, its balance sheet, and the statement of cash flows.