Induction Healthcare Return On Asset vs. Total Debt
| INHC Stock | 9.00 0.00 0.00% |
For Induction Healthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Induction Healthcare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Induction Healthcare Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Induction Healthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Induction Healthcare Group over time as well as its relative position and ranking within its peers.
Induction |
Induction Healthcare Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Induction Healthcare's current stock value. Our valuation model uses many indicators to compare Induction Healthcare value to that of its competitors to determine the firm's financial worth. Induction Healthcare Group is currently regarded as number one stock in return on asset category among its peers. It also is considered the number one company in total debt 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 Induction Healthcare's earnings, one of the primary drivers of an investment's value.Induction Total Debt vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Induction Healthcare |
| = | -0.1 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Induction Healthcare |
| = | 57 K |
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.
Induction Total Debt vs Competition
Induction Healthcare Group is considered the number one company in total debt category among its peers. Total debt of Health Care industry is currently estimated at about 237.41 Trillion. Induction Healthcare adds roughly 57,000 in total debt claiming only tiny portion of equities under Health Care industry.
Induction Healthcare Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Induction Healthcare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Induction Healthcare will eventually generate negative long term returns. The profitability progress is the general direction of Induction Healthcare's change in net profit over the period of time. It can combine multiple indicators of Induction Healthcare, 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 | 460 K | 910.2 K | |
| Operating Income | -4.2 M | -4.4 M | |
| Income Before Tax | -4.2 M | -4.4 M | |
| Net Loss | -7.6 M | -8 M | |
| Net Loss | -3.3 M | -3.4 M | |
| Income Tax Expense | -962 K | -913.9 K | |
| Net Interest Income | -5 K | -4.8 K | |
| Interest Income | 6 K | 9.3 K | |
| Net Loss | -3.2 M | -3.4 M | |
| Total Other Income Expense Net | -5 K | -5.2 K | |
| Change To Netincome | -248.4 K | -236 K |
Induction Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Induction Healthcare. 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 Induction Healthcare 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 Induction Healthcare's important profitability drivers and their relationship over time.
Use Induction Healthcare 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 Induction Healthcare 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 Induction Healthcare will appreciate offsetting losses from the drop in the long position's value.Induction Healthcare Pair Trading
Induction Healthcare Group Pair Trading Analysis
The ability to find closely correlated positions to Induction Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Induction Healthcare 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 Induction Healthcare - 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 Induction Healthcare Group to buy it.
The correlation of Induction Healthcare 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 Induction Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Induction Healthcare 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 Induction Healthcare 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 Induction Healthcare position
In addition to having Induction Healthcare 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 Housewares Thematic Idea Now
Housewares
Companies making housewares accessories and providing houseware services. The Housewares theme has 39 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 Housewares Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Induction Stock Analysis
When running Induction Healthcare's price analysis, check to measure Induction Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Induction Healthcare is operating at the current time. Most of Induction Healthcare's value examination focuses on studying past and present price action to predict the probability of Induction Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Induction Healthcare's price. Additionally, you may evaluate how the addition of Induction Healthcare to your portfolios can decrease your overall portfolio volatility.