GlyEco Net Income vs. Debt To Equity
| GLYEDelisted Stock | USD 0.0002 0.00 0.00% |
For GlyEco profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GlyEco to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GlyEco Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GlyEco's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GlyEco Inc over time as well as its relative position and ranking within its peers.
GlyEco |
GlyEco Inc Debt To Equity vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GlyEco's current stock value. Our valuation model uses many indicators to compare GlyEco value to that of its competitors to determine the firm's financial worth. GlyEco Inc is one of the top stocks in net income category among its peers. It also is one of the top stocks in debt to equity category among its peers . 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 GlyEco's earnings, one of the primary drivers of an investment's value.GlyEco Debt To Equity 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.
GlyEco |
| = | (5.31 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.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
GlyEco |
| = | 786.90 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
GlyEco Debt To Equity Comparison
GlyEco is currently under evaluation in debt to equity category among its peers.
GlyEco Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GlyEco, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GlyEco will eventually generate negative long term returns. The profitability progress is the general direction of GlyEco's change in net profit over the period of time. It can combine multiple indicators of GlyEco, 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.
GlyEco, Inc., a specialty chemical company, develops, manufactures, and distributes performance fluids for the automotive, commercial, and industrial markets in North America. GlyEco, Inc. was founded in 1996 and is based in Institute, West Virginia. GLYECO INC operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 18 people.
GlyEco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GlyEco. 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 GlyEco 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 GlyEco's important profitability drivers and their relationship over time.
Use GlyEco 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 GlyEco 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 GlyEco will appreciate offsetting losses from the drop in the long position's value.GlyEco Pair Trading
GlyEco Inc Pair Trading Analysis
The ability to find closely correlated positions to GlyEco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GlyEco 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 GlyEco - 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 GlyEco Inc to buy it.
The correlation of GlyEco 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 GlyEco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GlyEco Inc 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 GlyEco 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 GlyEco position
In addition to having GlyEco 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 Semiconductor Thematic Idea Now
Semiconductor
Companies involved in production of semiconductor and semiconductor materials. The Semiconductor theme has 47 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 Semiconductor Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Consideration for investing in GlyEco Pink Sheet
If you are still planning to invest in GlyEco Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the GlyEco's history and understand the potential risks before investing.
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