Green Globe Net Income vs. Total Debt
| GGII Stock | USD 0.0004 0.0001 20.00% |
For Green Globe profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Green Globe to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Green Globe International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Green Globe's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Green Globe International over time as well as its relative position and ranking within its peers.
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Green Globe International Total Debt vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Green Globe's current stock value. Our valuation model uses many indicators to compare Green Globe value to that of its competitors to determine the firm's financial worth. Green Globe International is rated # 5 in net income category among its peers. It is rated below average in total debt category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Green Globe by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Green Globe's Pink Sheet. 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.Green Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Green Globe |
| = | (1.86 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of 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.
Green Globe |
| = | 2.2 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.
Green Total Debt vs Competition
Green Globe International is rated below average in total debt category among its peers. Total debt of Tobacco industry is currently estimated at about 909.05 Billion. Green Globe adds roughly 2.2 Million in total debt claiming only tiny portion of equities listed under Tobacco industry.
Green Globe Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Green Globe, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Green Globe will eventually generate negative long term returns. The profitability progress is the general direction of Green Globe's change in net profit over the period of time. It can combine multiple indicators of Green Globe, 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.
Green Globe International, Inc. engages in the production and sale of in-house brand of hemp-based cigarettes. The company was incorporated in 2019 and is based in San Diego, California. Green Globe operates under Tobacco classification in the United States and is traded on OTC Exchange. It employs 15 people.
Green Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Green Globe. 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 Green Globe 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 Green Globe's important profitability drivers and their relationship over time.
Use Green Globe 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 Green Globe 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 Green Globe will appreciate offsetting losses from the drop in the long position's value.Green Globe Pair Trading
Green Globe International Pair Trading Analysis
The ability to find closely correlated positions to Green Globe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Green Globe 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 Green Globe - 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 Green Globe International to buy it.
The correlation of Green Globe 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 Green Globe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Green Globe International 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 Green Globe 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 Green Globe position
In addition to having Green Globe 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 Investing Thematic Idea Now
Investing
Companies involved in money management and investment banking services. The Investing theme has 43 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 Investing Theme or any other thematic opportunities.
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Other Information on Investing in Green Pink Sheet
To fully project Green Globe's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Green Globe International 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 Green Globe's income statement, its balance sheet, and the statement of cash flows.