Innova Captab Price To Book vs. Cash Flow From Operations
| INNOVACAP | 1,093 32.00 2.84% |
For Innova Captab profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Innova Captab to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Innova Captab Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Innova Captab's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Innova Captab Limited over time as well as its relative position and ranking within its peers.
Innova |
Innova Captab Limited Cash Flow From Operations vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Innova Captab's current stock value. Our valuation model uses many indicators to compare Innova Captab value to that of its competitors to determine the firm's financial worth. Innova Captab Limited is currently regarded as number one stock in price to book category among its peers. It also is currently regarded as number one stock in cash flow from operations category among its peers making about 203,442,140 of Cash Flow From Operations per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Innova Captab by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Innova Captab's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Innova Cash Flow From Operations vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Innova Captab |
| = | 7.19 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Innova Captab |
| = | 1.46 B |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Innova Cash Flow From Operations Comparison
Innova Captab is currently under evaluation in cash flow from operations category among its peers.
Innova Captab Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Innova Captab, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Innova Captab will eventually generate negative long term returns. The profitability progress is the general direction of Innova Captab's change in net profit over the period of time. It can combine multiple indicators of Innova Captab, 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 | 641.2 M | 569.9 M | |
| Net Interest Income | -329 M | -312.6 M | |
| Operating Income | 2.5 B | 2.7 B | |
| Net Income From Continuing Ops | 1.2 B | 682.4 M | |
| Income Before Tax | 1.3 B | 860 M | |
| Total Other Income Expense Net | -1.2 B | -1.2 B | |
| Net Income | 1.3 B | 838.8 M | |
| Income Tax Expense | 351.8 M | 225 M | |
| Interest Income | 1.3 M | 1.5 M |
Innova Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Innova Captab. 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 Innova Captab 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 Innova Captab's important profitability drivers and their relationship over time.
Use Innova Captab 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 Innova Captab 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 Innova Captab will appreciate offsetting losses from the drop in the long position's value.Innova Captab Pair Trading
Innova Captab Limited Pair Trading Analysis
The ability to find closely correlated positions to Innova Captab could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innova Captab 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 Innova Captab - 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 Innova Captab Limited to buy it.
The correlation of Innova Captab 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 Innova Captab moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innova Captab Limited 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 Innova Captab 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 Innova Captab position
In addition to having Innova Captab 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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Other Information on Investing in Innova Stock
To fully project Innova Captab's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Innova Captab Limited 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 Innova Captab's income statement, its balance sheet, and the statement of cash flows.