HEXAGON AB Current Ratio vs. Revenue

HXGC Stock  EUR 8.05  0.10  1.26%   
Based on the measurements of profitability obtained from HEXAGON AB's financial statements, HEXAGON AB ADR1 may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess HEXAGON AB's ability to earn profits and add value for shareholders.
For HEXAGON AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HEXAGON AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HEXAGON AB ADR1 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HEXAGON AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HEXAGON AB ADR1 over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between HEXAGON AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if HEXAGON AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HEXAGON AB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

HEXAGON AB ADR1 Revenue vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining HEXAGON AB's current stock value. Our valuation model uses many indicators to compare HEXAGON AB value to that of its competitors to determine the firm's financial worth.
HEXAGON AB ADR1 is rated # 4 in current ratio category among its peers. It is rated # 2 in revenue category among its peers totaling about  5,489,893,855  of Revenue per Current Ratio. 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 HEXAGON AB's earnings, one of the primary drivers of an investment's value.

HEXAGON Revenue 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.

HEXAGON AB

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
0.94 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).
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

HEXAGON AB

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
5.16 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

HEXAGON Revenue vs Competition

HEXAGON AB ADR1 is rated # 2 in revenue category among its peers. Market size based on revenue of Scientific & Technical Instruments industry is currently estimated at about 17.84 Billion. HEXAGON AB totals roughly 5.16 Billion in revenue claiming about 29% of equities listed under Scientific & Technical Instruments industry.

HEXAGON AB Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in HEXAGON AB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HEXAGON AB will eventually generate negative long term returns. The profitability progress is the general direction of HEXAGON AB's change in net profit over the period of time. It can combine multiple indicators of HEXAGON AB, 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.
Hexagon AB provides information technology solutions for geospatial and industrial applications worldwide. Hexagon AB was incorporated in 1975 and is headquartered in Stockholm, Sweden. HEXAGON AB operates under Scientific Technical Instruments classification in Germany and is traded on Frankfurt Stock Exchange. It employs 20905 people.

HEXAGON Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on HEXAGON AB. 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 HEXAGON AB 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 HEXAGON AB's important profitability drivers and their relationship over time.

Use HEXAGON AB 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 HEXAGON AB 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 HEXAGON AB will appreciate offsetting losses from the drop in the long position's value.

HEXAGON AB Pair Trading

HEXAGON AB ADR1 Pair Trading Analysis

The ability to find closely correlated positions to HEXAGON AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HEXAGON AB 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 HEXAGON AB - 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 HEXAGON AB ADR1 to buy it.
The correlation of HEXAGON AB 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 HEXAGON AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HEXAGON AB ADR1 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 HEXAGON AB 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your HEXAGON AB position

In addition to having HEXAGON AB 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.

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Run Fabricated Products Thematic Idea Now

Fabricated Products
Fabricated Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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Other Information on Investing in HEXAGON Stock

To fully project HEXAGON AB's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of HEXAGON AB ADR1 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 HEXAGON AB's income statement, its balance sheet, and the statement of cash flows.
Potential HEXAGON AB investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although HEXAGON AB investors may work on each financial statement separately, they are all related. The changes in HEXAGON AB's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on HEXAGON AB's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.