Kid ASA Net Income vs. Revenue
| KID Stock | NOK 127.80 1.60 1.27% |
For Kid ASA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kid ASA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kid ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kid ASA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kid ASA over time as well as its relative position and ranking within its peers.
Kid |
Kid ASA Revenue vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kid ASA's current stock value. Our valuation model uses many indicators to compare Kid ASA value to that of its competitors to determine the firm's financial worth. Kid ASA is currently regarded as number one stock in net income category among its peers. It also is considered the number one company in revenue category among its peers totaling about 8.06 of Revenue per Net Income. 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 Kid ASA's earnings, one of the primary drivers of an investment's value.Kid Revenue 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.
Kid ASA |
| = | 384.43 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Kid ASA |
| = | 3.1 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Kid Revenue vs Competition
Kid ASA is considered the number one company in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is now estimated at about 86.99 Billion. Kid ASA holds roughly 3.1 Billion in revenue claiming about 4% of stocks in Consumer Discretionary industry.
Kid ASA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kid ASA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kid ASA will eventually generate negative long term returns. The profitability progress is the general direction of Kid ASA's change in net profit over the period of time. It can combine multiple indicators of Kid ASA, 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.
Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway. Kid ASA was founded in 1937 and is headquartered in Lier, Norway. KID ASA operates under Specialty Retail classification in Norway and is traded on Oslo Stock Exchange. It employs 456 people.
Kid Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kid ASA. 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 Kid ASA 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 Kid ASA's important profitability drivers and their relationship over time.
Use Kid ASA 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 Kid ASA 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 Kid ASA will appreciate offsetting losses from the drop in the long position's value.Kid ASA Pair Trading
Kid ASA Pair Trading Analysis
The ability to find closely correlated positions to Kid ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kid ASA 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 Kid ASA - 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 Kid ASA to buy it.
The correlation of Kid ASA 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 Kid ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kid ASA 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 Kid ASA 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 Kid ASA position
In addition to having Kid ASA 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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Cash Cows
Entities with stable and reliable earnings or profits, which allows them to pay consistent dividends to their shareholders. The Cash Cows theme has 25 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 Cash Cows Theme or any other thematic opportunities.
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Other Information on Investing in Kid Stock
To fully project Kid ASA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kid ASA 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 Kid ASA's income statement, its balance sheet, and the statement of cash flows.