Keweenaw Land Debt To Equity vs. Current Ratio
| KEWL Stock | USD 38.00 0.48 1.28% |
For Keweenaw Land profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Keweenaw Land to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Keweenaw Land Association utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Keweenaw Land's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Keweenaw Land Association over time as well as its relative position and ranking within its peers.
Keweenaw |
Keweenaw Land Association Current Ratio vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Keweenaw Land's current stock value. Our valuation model uses many indicators to compare Keweenaw Land value to that of its competitors to determine the firm's financial worth. Keweenaw Land Association is rated below average in debt to equity category among its peers. It is currently regarded as number one stock in current ratio category among its peers fabricating about 1,033 of Current Ratio per Debt To Equity. 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 Keweenaw Land's earnings, one of the primary drivers of an investment's value.Keweenaw Current Ratio vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Keweenaw Land |
| = | 0.17 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Keweenaw Land |
| = | 179.75 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Keweenaw Current Ratio Comparison
Keweenaw Land is currently under evaluation in current ratio category among its peers.
Keweenaw Land Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Keweenaw Land, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Keweenaw Land will eventually generate negative long term returns. The profitability progress is the general direction of Keweenaw Land's change in net profit over the period of time. It can combine multiple indicators of Keweenaw Land, 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.
Keweenaw Land Association, Limited engages in the exploration and evaluation of mineral assets. The company was founded in 1865 and is headquartered in Ironwood, Michigan. Keweenaw Lnd operates under Lumber Wood Production classification in the United States and is traded on OTC Exchange. It employs 4 people.
Keweenaw Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Keweenaw Land. 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 Keweenaw Land 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 Keweenaw Land's important profitability drivers and their relationship over time.
Use Keweenaw Land 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 Keweenaw Land 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 Keweenaw Land will appreciate offsetting losses from the drop in the long position's value.Keweenaw Land Pair Trading
Keweenaw Land Association Pair Trading Analysis
The ability to find closely correlated positions to Keweenaw Land could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Keweenaw Land 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 Keweenaw Land - 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 Keweenaw Land Association to buy it.
The correlation of Keweenaw Land 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 Keweenaw Land moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Keweenaw Land Association 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 Keweenaw Land 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 Keweenaw Land position
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Other Information on Investing in Keweenaw Pink Sheet
To fully project Keweenaw Land's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Keweenaw Land Association 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 Keweenaw Land's income statement, its balance sheet, and the statement of cash flows.