Integrated Drilling Earnings Per Share vs. Price To Sales
| IRIG Stock | USD 0.05 0.00 0.00% |
For Integrated Drilling profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Integrated Drilling to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Integrated Drilling Equipment utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Integrated Drilling's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Integrated Drilling Equipment over time as well as its relative position and ranking within its peers.
Integrated |
Integrated Drilling Price To Sales vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Integrated Drilling's current stock value. Our valuation model uses many indicators to compare Integrated Drilling value to that of its competitors to determine the firm's financial worth. Integrated Drilling Equipment is rated below average in earnings per share category among its peers. It is rated below average in price to sales 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 Integrated Drilling's earnings, one of the primary drivers of an investment's value.Integrated Price To Sales vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Integrated Drilling |
| = | (0.10) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Integrated Drilling |
| = | 0.01 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Integrated Price To Sales Comparison
Integrated Drilling is currently under evaluation in price to sales category among its peers.
Integrated Drilling Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Integrated Drilling, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Integrated Drilling will eventually generate negative long term returns. The profitability progress is the general direction of Integrated Drilling's change in net profit over the period of time. It can combine multiple indicators of Integrated Drilling, 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.
Integrated Drilling Equipment Holdings Corp. manufactures drilling rigs, rig control systems, and rig components and provides rig refurbishment and reconfiguration services for contract drilling companies worldwide. Integrated Drilling Equipment Holdings Corp. is headquartered in Spring, Texas. INTEGRATED DRILLING operates under Oil Gas Equipment Services classification in the United States and is traded on PNK Exchange. It employs 270 people.
Integrated Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Integrated Drilling. 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 Integrated Drilling 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 Integrated Drilling's important profitability drivers and their relationship over time.
Use Integrated Drilling 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 Integrated Drilling 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 Integrated Drilling will appreciate offsetting losses from the drop in the long position's value.Integrated Drilling Pair Trading
Integrated Drilling Equipment Pair Trading Analysis
The ability to find closely correlated positions to Integrated Drilling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Integrated Drilling 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 Integrated Drilling - 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 Integrated Drilling Equipment to buy it.
The correlation of Integrated Drilling 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 Integrated Drilling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Integrated Drilling 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 Integrated Drilling 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 Integrated Drilling position
In addition to having Integrated Drilling 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 Disruptive Technologies Thematic Idea Now
Disruptive Technologies
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 64 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 Disruptive Technologies Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Integrated OTC Stock
To fully project Integrated Drilling's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Integrated Drilling 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 Integrated Drilling's income statement, its balance sheet, and the statement of cash flows.