Latitude Financial Revenue vs. Book Value Per Share
| LFS Stock | 1.15 0.01 0.86% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 407.3 M | Current Value 718.8 M | Quarterly Volatility 368.7 M |
For Latitude Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Latitude Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Latitude Financial Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Latitude Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Latitude Financial Services over time as well as its relative position and ranking within its peers.
Latitude |
Latitude Financial Book Value Per Share vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Latitude Financial's current stock value. Our valuation model uses many indicators to compare Latitude Financial value to that of its competitors to determine the firm's financial worth. Latitude Financial Services is considered the number one company in revenue category among its peers. It also is currently regarded as number one stock in book value per share category among its peers . The ratio of Revenue to Book Value Per Share for Latitude Financial Services is about 344,585,448 . At this time, Latitude Financial's Total Revenue is comparatively 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 Latitude Financial's earnings, one of the primary drivers of an investment's value.Latitude Revenue vs. Competition
Latitude Financial Services is considered the number one company in revenue category among its peers. Market size based on revenue of Financials industry is now estimated at about 7.07 Billion. Latitude Financial holds roughly 407.3 Million in revenue claiming about 6% of equities under Financials industry.
Latitude Book Value Per Share vs. Revenue
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.
Latitude Financial |
| = | 407.3 M |
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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Latitude Financial |
| = | 1.18 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Latitude Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Latitude Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Latitude Financial will eventually generate negative long term returns. The profitability progress is the general direction of Latitude Financial's change in net profit over the period of time. It can combine multiple indicators of Latitude Financial, 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 | -652.9 M | -620.3 M | |
| Interest Income | 959.7 M | 543.6 M | |
| Operating Income | 15.8 M | 15 M | |
| Income Before Tax | -185.4 M | -176.1 M | |
| Total Other Income Expense Net | -201.2 M | -211.3 M | |
| Net Income Applicable To Common Shares | 43.4 M | 62.8 M | |
| Net Loss | -137.3 M | -130.4 M | |
| Income Tax Expense | -47.5 M | -45.1 M | |
| Net Interest Income | -344.8 M | -327.6 M | |
| Net Loss | -137.9 M | -131 M | |
| Change To Netincome | 179.3 M | 264.4 M |
Latitude Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Latitude Financial. 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 Latitude Financial 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 Latitude Financial's important profitability drivers and their relationship over time.
Use Latitude Financial 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 Latitude Financial 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 Latitude Financial will appreciate offsetting losses from the drop in the long position's value.Latitude Financial Pair Trading
Latitude Financial Services Pair Trading Analysis
The ability to find closely correlated positions to Latitude Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Latitude Financial 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 Latitude Financial - 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 Latitude Financial Services to buy it.
The correlation of Latitude Financial 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 Latitude Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Latitude Financial 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 Latitude Financial 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 Latitude Financial position
In addition to having Latitude Financial 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 Emerging Markets ETFs Thematic Idea Now
Emerging Markets ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Emerging Markets ETFs theme has 29 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 Emerging Markets ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Latitude Stock Analysis
When running Latitude Financial's price analysis, check to measure Latitude Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Latitude Financial is operating at the current time. Most of Latitude Financial's value examination focuses on studying past and present price action to predict the probability of Latitude Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Latitude Financial's price. Additionally, you may evaluate how the addition of Latitude Financial to your portfolios can decrease your overall portfolio volatility.