Home Bistro Current Ratio vs. Book Value Per Share
| HBISDelisted Stock | USD 1.40 0.38 37.25% |
For Home Bistro profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Home Bistro to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Home Bistro utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Home Bistro's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Home Bistro over time as well as its relative position and ranking within its peers.
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Home Bistro Book Value Per Share vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Home Bistro's current stock value. Our valuation model uses many indicators to compare Home Bistro value to that of its competitors to determine the firm's financial worth. Home Bistro is rated below average in current ratio category among its peers. It is rated # 5 in book value per share category among its peers creating about 0.09 of Book Value Per Share per Current Ratio. The ratio of Current Ratio to Book Value Per Share for Home Bistro is roughly 10.63 . 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 Home Bistro's earnings, one of the primary drivers of an investment's value.Home Book Value Per Share vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Home Bistro |
| = | 0.34 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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.
Home Bistro |
| = | 0.03 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.
Home Book Value Per Share Comparison
Home Bistro is currently under evaluation in book value per share category among its peers.
Home Bistro Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Home Bistro, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Home Bistro will eventually generate negative long term returns. The profitability progress is the general direction of Home Bistro's change in net profit over the period of time. It can combine multiple indicators of Home Bistro, 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.
Home Bistro Inc. provides prepackaged and prepared meals in the United States. Home Bistro Inc. was incorporated in 2009 and is headquartered in Miami Beach, Florida. Home Bistro operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 15 people.
Home Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Home Bistro. 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 Home Bistro 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 Home Bistro's important profitability drivers and their relationship over time.
Use Home Bistro 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 Home Bistro 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 Home Bistro will appreciate offsetting losses from the drop in the long position's value.Home Bistro Pair Trading
Home Bistro Pair Trading Analysis
The ability to find closely correlated positions to Home Bistro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Home Bistro 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 Home Bistro - 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 Home Bistro to buy it.
The correlation of Home Bistro 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 Home Bistro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Home Bistro 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 Home Bistro 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 Home Bistro position
In addition to having Home Bistro 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 Money Funds Thematic Idea Now
Money Funds
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 38 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 Money Funds 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 gross domestic product. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in Home Pink Sheet
If you are still planning to invest in Home Bistro 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 Home Bistro's history and understand the potential risks before investing.
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