Ithaca Energy Net Income vs. Total Debt
| ITH Stock | 104.00 0.60 0.58% |
Net Income | First Reported 2012-09-30 | Previous Quarter 63 M | Current Value 29 M | Quarterly Volatility 216.8 M |
For Ithaca Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ithaca Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ithaca Energy PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ithaca Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ithaca Energy PLC over time as well as its relative position and ranking within its peers.
Ithaca |
Ithaca Energy PLC Total Debt vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ithaca Energy's current stock value. Our valuation model uses many indicators to compare Ithaca Energy value to that of its competitors to determine the firm's financial worth. Ithaca Energy PLC is currently regarded as number one stock in net income category among its peers. It also is considered the number one company in total debt category among its peers making up about 2.55 of Total Debt per Net Income. At present, Ithaca Energy's Net Income is projected to increase significantly based on the last few years of reporting. 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 Ithaca Energy's earnings, one of the primary drivers of an investment's value.Ithaca Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Ithaca Energy |
| = | 302.03 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Ithaca Energy |
| = | 768.71 M |
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.
Ithaca Total Debt vs Competition
Ithaca Energy PLC is considered the number one company in total debt category among its peers. Total debt of Energy industry is currently estimated at about 109.5 Billion. Ithaca Energy maintains roughly 768.71 Million in total debt contributing less than 1% to equities under Energy industry.
Ithaca Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ithaca Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ithaca Energy will eventually generate negative long term returns. The profitability progress is the general direction of Ithaca Energy's change in net profit over the period of time. It can combine multiple indicators of Ithaca Energy, 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 | 241.3 M | 253.4 M | |
| Operating Income | 486.1 M | 510.4 M | |
| Income Before Tax | 302 M | 164.9 M | |
| Total Other Income Expense Net | -184 M | -193.2 M | |
| Net Income | 302 M | 245.1 M | |
| Income Tax Expense | 86.4 M | 82.1 M |
Ithaca Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ithaca Energy. 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 Ithaca Energy 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 Ithaca Energy's important profitability drivers and their relationship over time.
Use Ithaca Energy 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 Ithaca Energy 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 Ithaca Energy will appreciate offsetting losses from the drop in the long position's value.Ithaca Energy Pair Trading
Ithaca Energy PLC Pair Trading Analysis
The ability to find closely correlated positions to Ithaca Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ithaca Energy 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 Ithaca Energy - 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 Ithaca Energy PLC to buy it.
The correlation of Ithaca Energy 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 Ithaca Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ithaca Energy PLC 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 Ithaca Energy 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 Ithaca Energy position
In addition to having Ithaca Energy 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 Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 46 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 Long Short Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Ithaca Stock
To fully project Ithaca Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ithaca Energy PLC 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 Ithaca Energy's income statement, its balance sheet, and the statement of cash flows.