Firetail Resources Gross Profit vs. Total Debt
| FTL Stock | 0.09 0 2.41% |
Gross Profit | First Reported 2010-12-31 | Previous Quarter 234.1 K | Current Value 126.2 K | Quarterly Volatility 79.4 K |
For Firetail Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Firetail Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Firetail Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Firetail Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Firetail Resources over time as well as its relative position and ranking within its peers.
Firetail |
Firetail Resources Total Debt vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Firetail Resources's current stock value. Our valuation model uses many indicators to compare Firetail Resources value to that of its competitors to determine the firm's financial worth. Firetail Resources is rated # 3 in gross profit category among its peers. It also is rated # 3 in total debt category among its peers making up about 0.38 of Total Debt per Gross Profit. The ratio of Gross Profit to Total Debt for Firetail Resources is roughly 2.62 . At this time, Firetail Resources' Gross Profit is comparatively stable compared to the past year. 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 Firetail Resources' earnings, one of the primary drivers of an investment's value.Firetail 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.
Firetail Resources |
| = | 165.99 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.
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.
Firetail Resources |
| = | 63.43 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.
Firetail Total Debt vs Competition
Firetail Resources is rated # 3 in total debt category among its peers. Total debt of Materials industry is currently estimated at about 600.06 Million. Firetail Resources adds roughly 63,428 in total debt claiming only tiny portion of all equities under Materials industry.
Firetail Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Firetail Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Firetail Resources will eventually generate negative long term returns. The profitability progress is the general direction of Firetail Resources' change in net profit over the period of time. It can combine multiple indicators of Firetail Resources, 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 | -1.2 M | -1.2 M | |
| Operating Income | -1.8 M | -1.7 M | |
| Income Before Tax | -2.8 M | -2.6 M | |
| Total Other Income Expense Net | -1 M | -952.8 K | |
| Net Loss | -2.7 M | -2.6 M | |
| Income Tax Expense | -292.4 K | -307 K | |
| Net Interest Income | 166.3 K | 174.7 K | |
| Interest Income | 1.2 K | 1.2 K | |
| Net Loss | -974.2 K | -1 M | |
| Net Loss | -974.2 K | -1 M | |
| Change To Netincome | 747.3 K | 664.2 K |
Firetail Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Firetail Resources. 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 Firetail Resources 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 Firetail Resources' important profitability drivers and their relationship over time.
Use Firetail Resources 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 Firetail Resources 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 Firetail Resources will appreciate offsetting losses from the drop in the long position's value.Firetail Resources Pair Trading
Firetail Resources Pair Trading Analysis
The ability to find closely correlated positions to Firetail Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Firetail Resources 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 Firetail Resources - 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 Firetail Resources to buy it.
The correlation of Firetail Resources 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 Firetail Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Firetail Resources 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 Firetail Resources 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 Firetail Resources position
In addition to having Firetail Resources 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?
Run Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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Additional Tools for Firetail Stock Analysis
When running Firetail Resources' price analysis, check to measure Firetail Resources' 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 Firetail Resources is operating at the current time. Most of Firetail Resources' value examination focuses on studying past and present price action to predict the probability of Firetail Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Firetail Resources' price. Additionally, you may evaluate how the addition of Firetail Resources to your portfolios can decrease your overall portfolio volatility.