Hardide PLC Gross Profit vs. Total Debt
| HDD Stock | 4.85 0.10 2.11% |
Gross Profit | First Reported 2005-03-31 | Previous Quarter 434 K | Current Value 434 K | Quarterly Volatility 230 K |
For Hardide PLC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hardide PLC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hardide PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hardide PLC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hardide PLC over time as well as its relative position and ranking within its peers.
Hardide |
Hardide PLC Total Debt vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hardide PLC's current stock value. Our valuation model uses many indicators to compare Hardide PLC value to that of its competitors to determine the firm's financial worth. Hardide PLC is one of the top stocks in gross profit category among its peers. It also is rated as one of the top companies in total debt category among its peers making up about 1.62 of Total Debt per Gross Profit. At present, Hardide PLC's Gross Profit is projected to increase significantly based on the last few years of reporting. 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 Hardide PLC's earnings, one of the primary drivers of an investment's value.Hardide 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.
Hardide PLC |
| = | 1.88 M |
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.
Hardide PLC |
| = | 3.05 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.
Hardide Total Debt vs Competition
Hardide PLC is rated as one of the top companies in total debt category among its peers. Total debt of Materials industry is currently estimated at about 835.44 Million. Hardide PLC adds roughly 3.05 Million in total debt claiming only tiny portion of all equities under Materials industry.
Hardide PLC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hardide PLC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hardide PLC will eventually generate negative long term returns. The profitability progress is the general direction of Hardide PLC's change in net profit over the period of time. It can combine multiple indicators of Hardide PLC, 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 | 2.3 M | 2.4 M | |
| Operating Income | -927.9 K | -974.3 K | |
| Income Before Tax | -1.1 M | -1.1 M | |
| Total Other Income Expense Net | -145.8 K | -138.5 K | |
| Net Loss | -1 M | -1.1 M | |
| Income Tax Expense | -67.5 K | -70.9 K | |
| Net Loss | -2 M | -1.9 M | |
| Net Loss | -1 M | -1.1 M | |
| Net Interest Income | -145.8 K | -138.5 K | |
| Interest Income | 2.7 K | 5.4 K | |
| Change To Netincome | -19.6 K | -18.6 K |
Hardide Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hardide PLC. 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 Hardide PLC 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 Hardide PLC's important profitability drivers and their relationship over time.
Use Hardide PLC 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 Hardide PLC 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 Hardide PLC will appreciate offsetting losses from the drop in the long position's value.Hardide PLC Pair Trading
Hardide PLC Pair Trading Analysis
The ability to find closely correlated positions to Hardide PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hardide PLC 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 Hardide PLC - 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 Hardide PLC to buy it.
The correlation of Hardide PLC 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 Hardide PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hardide PLC 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 Hardide PLC 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 Hardide PLC position
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Other Information on Investing in Hardide Stock
To fully project Hardide PLC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hardide PLC 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 Hardide PLC's income statement, its balance sheet, and the statement of cash flows.