Fitell Ordinary Total Debt vs. Book Value Per Share
| FTEL Stock | 28.63 1.63 6.04% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.31 | 0.355 |
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For Fitell Ordinary profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fitell Ordinary to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fitell Ordinary utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fitell Ordinary's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fitell Ordinary over time as well as its relative position and ranking within its peers.
Fitell |
Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fitell Ordinary. If investors know Fitell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fitell Ordinary listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.66) | Revenue Per Share 0.435 | Quarterly Revenue Growth (0.30) | Return On Assets (0.22) | Return On Equity (0.58) |
The market value of Fitell Ordinary is measured differently than its book value, which is the value of Fitell that is recorded on the company's balance sheet. Investors also form their own opinion of Fitell Ordinary's value that differs from its market value or its book value, called intrinsic value, which is Fitell Ordinary's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fitell Ordinary's market value can be influenced by many factors that don't directly affect Fitell Ordinary's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fitell Ordinary's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fitell Ordinary is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fitell Ordinary's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Fitell Ordinary Book Value Per Share vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fitell Ordinary's current stock value. Our valuation model uses many indicators to compare Fitell Ordinary value to that of its competitors to determine the firm's financial worth. Fitell Ordinary is rated below average in total debt category among its peers. It is rated below average in book value per share category among its peers . The ratio of Total Debt to Book Value Per Share for Fitell Ordinary is about 647,715 . At this time, Fitell Ordinary's Book Value Per Share is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Fitell Ordinary by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Fitell Total Debt vs. Competition
Fitell Ordinary is rated below average in total debt category among its peers. Total debt of Consumer Discretionary industry is currently estimated at about 7.32 Billion. Fitell Ordinary adds roughly 580,353 in total debt claiming only tiny portion of stocks in Consumer Discretionary industry.
Fitell Book Value Per Share 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.
Fitell Ordinary |
| = | 580.35 K |
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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Fitell Ordinary |
| = | 0.90 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Fitell Book Value Per Share Comparison
Fitell Ordinary is currently under evaluation in book value per share category among its peers.
Fitell Ordinary Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fitell Ordinary, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fitell Ordinary will eventually generate negative long term returns. The profitability progress is the general direction of Fitell Ordinary's change in net profit over the period of time. It can combine multiple indicators of Fitell Ordinary, 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 | -13.7 K | -13.1 K | |
| Operating Income | -8 M | -7.6 M | |
| Income Before Tax | -9.5 M | -9 M | |
| Total Other Income Expense Net | -1.5 M | -1.4 M | |
| Net Income Applicable To Common Shares | 11.3 K | 10.8 K | |
| Net Loss | -9.3 M | -8.8 M | |
| Income Tax Expense | -209.3 K | -198.9 K | |
| Net Interest Income | -1.2 M | -1.2 M | |
| Interest Income | 2.6 K | 1.7 K | |
| Net Loss | -9.3 M | -8.8 M | |
| Change To Netincome | 290.9 K | 305.5 K | |
| Net Loss | (0.14) | (0.16) | |
| Income Quality | 1.32 | 1.38 | |
| Net Income Per E B T | 0.98 | 0.56 |
Fitell Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fitell Ordinary. 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 Fitell Ordinary 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 Fitell Ordinary's important profitability drivers and their relationship over time.
Use Fitell Ordinary 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 Fitell Ordinary 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 Fitell Ordinary will appreciate offsetting losses from the drop in the long position's value.Fitell Ordinary Pair Trading
Fitell Ordinary Pair Trading Analysis
The ability to find closely correlated positions to Fitell Ordinary could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fitell Ordinary 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 Fitell Ordinary - 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 Fitell Ordinary to buy it.
The correlation of Fitell Ordinary 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 Fitell Ordinary moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fitell Ordinary 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 Fitell Ordinary 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 Fitell Ordinary position
In addition to having Fitell Ordinary 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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Check out Investing Opportunities. For more information on how to buy Fitell Stock please use our How to buy in Fitell Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
To fully project Fitell Ordinary's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fitell Ordinary 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 Fitell Ordinary's income statement, its balance sheet, and the statement of cash flows.