Kona Gold Current Valuation vs. EBITDA
| KGKG Stock | USD 0.0003 0.0001 50.00% |
For Kona Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kona Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kona Gold Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kona Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kona Gold Solutions over time as well as its relative position and ranking within its peers.
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Kona Gold Solutions EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kona Gold's current stock value. Our valuation model uses many indicators to compare Kona Gold value to that of its competitors to determine the firm's financial worth. Kona Gold Solutions is rated below average in current valuation category among its peers. It is rated below average in ebitda category among its peers . 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 Kona Gold's earnings, one of the primary drivers of an investment's value.Kona Current Valuation vs. Competition
Kona Gold Solutions is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Drug Manufacturers—Specialty & Generic industry is now estimated at about 217.87 Million. Kona Gold holds roughly 9.94 Million in current valuation claiming about 5% of equities under Drug Manufacturers—Specialty & Generic industry.
Kona EBITDA vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Kona Gold |
| = | 9.94 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Kona Gold |
| = | (5.69 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.
Kona EBITDA Comparison
Kona Gold is currently under evaluation in ebitda category among its peers.
Kona Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kona Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kona Gold will eventually generate negative long term returns. The profitability progress is the general direction of Kona Gold's change in net profit over the period of time. It can combine multiple indicators of Kona Gold, 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.
Kona Gold Beverage, Inc., a lifestyle company, develops and sells hemp and cannabidiol products in the functional beverage and fitness markets in the United States. Kona Gold Beverage, Inc. was incorporated in 1997 and is headquartered in Melbourne, Florida. Kona Gold operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 21 people.
Kona Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kona Gold. 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 Kona Gold 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 Kona Gold's important profitability drivers and their relationship over time.
Use Kona Gold 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 Kona Gold 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 Kona Gold will appreciate offsetting losses from the drop in the long position's value.Kona Gold Pair Trading
Kona Gold Solutions Pair Trading Analysis
The ability to find closely correlated positions to Kona Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kona Gold 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 Kona Gold - 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 Kona Gold Solutions to buy it.
The correlation of Kona Gold 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 Kona Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kona Gold Solutions 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 Kona Gold 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 Kona Gold position
In addition to having Kona Gold 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 Recreation Thematic Idea Now
Recreation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Recreation theme has 33 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 Recreation Theme or any other thematic opportunities.
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Other Information on Investing in Kona Pink Sheet
To fully project Kona Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kona Gold Solutions 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 Kona Gold's income statement, its balance sheet, and the statement of cash flows.