Integrated Drilling Return On Asset vs. Profit Margin
| 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.
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Integrated Drilling Profit Margin vs. Return On Asset 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 fourth overall in return on asset category among its peers. It is rated below average in profit margin 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 Profit Margin 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.
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| = | 0.0887 |
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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
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| = | (0.01) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Integrated Profit Margin Comparison
Integrated Drilling is currently under evaluation in profit margin 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?
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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.