Heritage Foods Total Debt vs. EBITDA
| HERITGFOOD | 489.00 0.60 0.12% |
For Heritage Foods profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Heritage Foods to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Heritage Foods Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Heritage Foods's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Heritage Foods Limited over time as well as its relative position and ranking within its peers.
Heritage |
Heritage Foods EBITDA vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Heritage Foods's current stock value. Our valuation model uses many indicators to compare Heritage Foods value to that of its competitors to determine the firm's financial worth. Heritage Foods Limited is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in ebitda category among its peers totaling about 1.62 of EBITDA per Total Debt. At this time, Heritage Foods' EBITDA is most likely to increase significantly in the upcoming years. 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 Heritage Foods' earnings, one of the primary drivers of an investment's value.Heritage Total Debt vs. Competition
Heritage Foods Limited is rated as one of the top companies in total debt category among its peers. Total debt of Consumer Staples industry is currently estimated at about 10.13 Trillion. Heritage Foods adds roughly 1.32 Billion in total debt claiming only tiny portion of stocks in Consumer Staples industry.
Heritage EBITDA vs. Total Debt
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.
Heritage Foods |
| = | 1.32 B |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Heritage Foods |
| = | 2.14 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Heritage EBITDA Comparison
Heritage Foods is currently under evaluation in ebitda category among its peers.
Heritage Foods Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Heritage Foods, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Heritage Foods will eventually generate negative long term returns. The profitability progress is the general direction of Heritage Foods' change in net profit over the period of time. It can combine multiple indicators of Heritage Foods, 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 | 867.5 M | 910.8 M | |
| Operating Income | 1.5 B | 888.3 M | |
| Income Before Tax | 1.5 B | 1.5 B | |
| Total Other Income Expense Net | -93.5 M | -98.2 M | |
| Net Income | 1.1 B | 547.8 M | |
| Income Tax Expense | 385.4 M | 220.9 M | |
| Net Income From Continuing Ops | 1.1 B | 601.1 M | |
| Net Income Applicable To Common Shares | 521.8 M | 565.4 M | |
| Interest Income | 111.8 M | 106.2 M | |
| Net Interest Income | -90.6 M | -95.1 M | |
| Change To Netincome | 42 M | 39.9 M |
Heritage Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Heritage Foods. 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 Heritage Foods 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 Heritage Foods' important profitability drivers and their relationship over time.
Use Heritage Foods 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 Heritage Foods 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 Heritage Foods will appreciate offsetting losses from the drop in the long position's value.Heritage Foods Pair Trading
Heritage Foods Limited Pair Trading Analysis
The ability to find closely correlated positions to Heritage Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Heritage Foods 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 Heritage Foods - 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 Heritage Foods Limited to buy it.
The correlation of Heritage Foods 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 Heritage Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Heritage Foods 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 Heritage Foods 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 Heritage Foods position
In addition to having Heritage Foods 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?
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Healthcare
Companies that provide healthcare goods and services including hospitals, health maintenance organizations, HMOs, or medical aid manufacturers. The Healthcare theme has 20 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 Healthcare Theme or any other thematic opportunities.
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Other Information on Investing in Heritage Stock
To fully project Heritage Foods' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Heritage Foods 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 Heritage Foods' income statement, its balance sheet, and the statement of cash flows.