International Tower Total Debt vs. Retained Earnings
| ITH Stock | CAD 0.65 0.02 3.17% |
For International Tower profitability analysis, we use financial ratios and fundamental drivers that measure the ability of International Tower to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well International Tower Hill utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between International Tower's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of International Tower Hill over time as well as its relative position and ranking within its peers.
International |
International Tower Hill Retained Earnings vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining International Tower's current stock value. Our valuation model uses many indicators to compare International Tower value to that of its competitors to determine the firm's financial worth. International Tower Hill is rated below average in total debt category among its peers. It is rated fourth overall in retained earnings category among its peers . International Tower reported last year Retained Earnings of (269.56 Million). Comparative valuation analysis is a catch-all model that can be used if you cannot value International Tower by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for International Tower'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.International Total Debt vs. Competition
International Tower Hill is rated below average in total debt category among its peers. Total debt of Materials industry is currently estimated at about 432.43 Million. International Tower adds roughly 234,951 in total debt claiming only tiny portion of all equities under Materials industry.
International Retained Earnings vs. Total Debt
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.
International Tower |
| = | 234.95 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.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
International Tower |
| = | (269.56 M) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
International Retained Earnings Comparison
International Tower is currently under evaluation in retained earnings category among its peers.
International Tower Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in International Tower, profitability is also one of the essential criteria for including it into their portfolios because, without profit, International Tower will eventually generate negative long term returns. The profitability progress is the general direction of International Tower's change in net profit over the period of time. It can combine multiple indicators of International Tower, 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 | 1.5 M | 1.6 M | |
| Operating Income | -3.3 M | -3.4 M | |
| Net Loss | -3.4 M | -3.6 M | |
| Income Tax Expense | (101.85) | (106.94) | |
| Income Before Tax | -3.4 M | -3.6 M | |
| Total Other Income Expense Net | -117.9 K | -112 K | |
| Net Loss | -3.4 M | -3.6 M | |
| Net Loss | -3.5 M | -3.7 M | |
| Interest Income | 97.1 K | 92.3 K | |
| Net Interest Income | 97.1 K | 72.6 K | |
| Change To Netincome | 515.7 K | 541.5 K | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.94 | 0.66 | |
| Net Income Per E B T | 1.69 | 0.85 |
International Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on International Tower. 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 International Tower 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 International Tower's important profitability drivers and their relationship over time.
Use International Tower 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 International Tower 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 International Tower will appreciate offsetting losses from the drop in the long position's value.International Tower Pair Trading
International Tower Hill Pair Trading Analysis
The ability to find closely correlated positions to International Tower could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Tower 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 International Tower - 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 International Tower Hill to buy it.
The correlation of International Tower 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 International Tower moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Tower Hill 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 International Tower 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 International Tower position
In addition to having International Tower 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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Check out Risk vs Return Analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
To fully project International Tower's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of International Tower Hill 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 International Tower's income statement, its balance sheet, and the statement of cash flows.