JGCHEMICALS EBITDA vs. Retained Earnings
| JGCHEM Stock | 431.75 2.85 0.66% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 512.6 M | Current Value 594 M | Quarterly Volatility 223 M |
For JGCHEMICALS profitability analysis, we use financial ratios and fundamental drivers that measure the ability of JGCHEMICALS to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well JGCHEMICALS LIMITED utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between JGCHEMICALS's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of JGCHEMICALS LIMITED over time as well as its relative position and ranking within its peers.
JGCHEMICALS |
JGCHEMICALS LIMITED Retained Earnings vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining JGCHEMICALS's current stock value. Our valuation model uses many indicators to compare JGCHEMICALS value to that of its competitors to determine the firm's financial worth. JGCHEMICALS LIMITED is currently regarded as number one stock in ebitda category among its peers. It also is currently regarded as number one stock in retained earnings category among its peers reporting about 3.93 of Retained Earnings per EBITDA. At present, JGCHEMICALS's EBITDA is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value JGCHEMICALS by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for JGCHEMICALS'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.JGCHEMICALS Retained Earnings vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
JGCHEMICALS |
| = | 512.6 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
JGCHEMICALS |
| = | 2.01 B |
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.
JGCHEMICALS Retained Earnings Comparison
JGCHEMICALS is currently under evaluation in retained earnings category among its peers.
JGCHEMICALS Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in JGCHEMICALS, profitability is also one of the essential criteria for including it into their portfolios because, without profit, JGCHEMICALS will eventually generate negative long term returns. The profitability progress is the general direction of JGCHEMICALS's change in net profit over the period of time. It can combine multiple indicators of JGCHEMICALS, 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 | 99.2 M | 56 M | |
| Operating Income | 961.8 M | 657.1 M | |
| Income Before Tax | 431 M | 522.6 M | |
| Total Other Income Expense Net | -530.8 M | -557.3 M | |
| Net Income | 308.6 M | 482.1 M | |
| Income Tax Expense | 109.9 M | 138.1 M |
JGCHEMICALS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on JGCHEMICALS. 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 JGCHEMICALS 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 JGCHEMICALS's important profitability drivers and their relationship over time.
Use JGCHEMICALS 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 JGCHEMICALS 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 JGCHEMICALS will appreciate offsetting losses from the drop in the long position's value.JGCHEMICALS Pair Trading
JGCHEMICALS LIMITED Pair Trading Analysis
The ability to find closely correlated positions to JGCHEMICALS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JGCHEMICALS 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 JGCHEMICALS - 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 JGCHEMICALS LIMITED to buy it.
The correlation of JGCHEMICALS 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 JGCHEMICALS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JGCHEMICALS 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 JGCHEMICALS 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 JGCHEMICALS position
In addition to having JGCHEMICALS 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 ETFs Thematic Idea Now
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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 ETFs Theme or any other thematic opportunities.
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Other Information on Investing in JGCHEMICALS Stock
To fully project JGCHEMICALS's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of JGCHEMICALS 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 JGCHEMICALS's income statement, its balance sheet, and the statement of cash flows.