Lift Co Current Ratio vs. Current Valuation
Lift Co Corp Current Valuation vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Lift Co's current stock value. Our valuation model uses many indicators to compare Lift Co value to that of its competitors to determine the firm's financial worth. Lift Co Corp is currently regarded as number one stock in current ratio category among its peers. It also is considered the number one company in current valuation category among its peers reporting about 10,005,093 of Current Valuation per Current Ratio. 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 Lift Co's earnings, one of the primary drivers of an investment's value.Lift Current Valuation vs. Current Ratio
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.
Lift Co |
| = | 0.43 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).
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.
Lift Co |
| = | 4.3 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.
Lift Current Valuation vs Competition
Lift Co Corp is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Information Services industry is now estimated at about 66.95 Million. Lift Co holds roughly 4.3 Million in current valuation claiming about 6% of equities under Health Information Services industry.
Lift Co Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lift Co, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lift Co will eventually generate negative long term returns. The profitability progress is the general direction of Lift Co's change in net profit over the period of time. It can combine multiple indicators of Lift Co, 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.
Corp. operates as a cannabis-focused technology and media company in Canada. The company categorizes its platform of products in the categories of consumer marketing, trade marketing, data insights, and event marketing. LIFT CORP operates under Health Information Services classification in the United States and is traded on PNK Exchange.
Lift Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Lift Co. 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 Lift Co 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 Lift Co's important profitability drivers and their relationship over time.
Lift Co Earnings per Share Projection vs Actual
Use Lift Co 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 Lift Co 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 Lift Co will appreciate offsetting losses from the drop in the long position's value.Lift Co Pair Trading
Lift Co Corp Pair Trading Analysis
The ability to find closely correlated positions to Lift Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lift Co 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 Lift Co - 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 Lift Co Corp to buy it.
The correlation of Lift Co 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 Lift Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lift Co Corp 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 Lift Co 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 Lift Co position
In addition to having Lift Co 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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Aluminum
Companies involved in production of aluminum. The Aluminum theme has 39 constituents at this time.
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Other Information on Investing in Lift Pink Sheet
To fully project Lift Co's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Lift Co Corp 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 Lift Co's income statement, its balance sheet, and the statement of cash flows.