Jindal Drilling Net Income vs. Price To Sales
| JINDRILL | 853.95 59.90 7.54% |
Net Income | First Reported 2011-06-30 | Previous Quarter 438.6 M | Current Value 344.7 M | Quarterly Volatility 843.8 M |
For Jindal Drilling profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jindal Drilling to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jindal Drilling And utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jindal Drilling's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jindal Drilling And over time as well as its relative position and ranking within its peers.
Jindal |
Jindal Drilling And Price To Sales vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Jindal Drilling's current stock value. Our valuation model uses many indicators to compare Jindal Drilling value to that of its competitors to determine the firm's financial worth. Jindal Drilling And is currently regarded as number one stock in net income category among its peers. It also is currently regarded as number one stock in price to sales category among its peers . The ratio of Net Income to Price To Sales for Jindal Drilling And is about 259,646,380 . At this time, Jindal Drilling's Net Income is quite stable compared to the past year. 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 Jindal Drilling's earnings, one of the primary drivers of an investment's value.Jindal Price To Sales 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.
Jindal Drilling |
| = | 886.98 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.
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.
Jindal Drilling |
| = | 3.42 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.
Jindal Price To Sales Comparison
Jindal Drilling is currently under evaluation in price to sales category among its peers.
Jindal Drilling Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Jindal Drilling, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Jindal Drilling will eventually generate negative long term returns. The profitability progress is the general direction of Jindal Drilling's change in net profit over the period of time. It can combine multiple indicators of Jindal 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 4.3 B | 4.5 B | |
| Operating Income | 2.1 B | 2.2 B | |
| Income Before Tax | 887 M | 931.3 M | |
| Total Other Income Expense Net | -1.3 B | -1.2 B | |
| Net Income | 887 M | 931.3 M | |
| Income Tax Expense | 375.6 M | 211 M | |
| Net Income From Continuing Ops | 511.5 M | 537.1 M | |
| Net Income Applicable To Common Shares | 872 M | 915.6 M | |
| Interest Income | 200.6 M | 190.5 M | |
| Net Interest Income | -128.1 M | -121.7 M | |
| Change To Netincome | 288.3 M | 391.6 M |
Jindal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Jindal 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 Jindal 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 Jindal Drilling's important profitability drivers and their relationship over time.
Use Jindal 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 Jindal 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 Jindal Drilling will appreciate offsetting losses from the drop in the long position's value.Jindal Drilling Pair Trading
Jindal Drilling And Pair Trading Analysis
The ability to find closely correlated positions to Jindal 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 Jindal 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 Jindal 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 Jindal Drilling And to buy it.
The correlation of Jindal 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 Jindal Drilling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jindal Drilling And 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 Jindal 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 Jindal Drilling position
In addition to having Jindal 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 Jindal Stock
To fully project Jindal Drilling's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Jindal Drilling And 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 Jindal Drilling's income statement, its balance sheet, and the statement of cash flows.