Legato Merger Total Debt vs. EBITDA
| LGTO Stock | USD 3.36 0.04 1.18% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0293 | 0.0309 |
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For Legato Merger profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Legato Merger to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Legato Merger II utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Legato Merger's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Legato Merger II over time as well as its relative position and ranking within its peers.
Legato |
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Legato Merger. If investors know Legato will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Legato Merger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Legato Merger II is measured differently than its book value, which is the value of Legato that is recorded on the company's balance sheet. Investors also form their own opinion of Legato Merger's value that differs from its market value or its book value, called intrinsic value, which is Legato Merger's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Legato Merger's market value can be influenced by many factors that don't directly affect Legato Merger's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Legato Merger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legato Merger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legato Merger's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Legato Merger II EBITDA vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Legato Merger's current stock value. Our valuation model uses many indicators to compare Legato Merger value to that of its competitors to determine the firm's financial worth. Legato Merger II is rated below average in total debt category among its peers. It is rated below average in ebitda category among its peers totaling about 0.07 of EBITDA per Total Debt. The ratio of Total Debt to EBITDA for Legato Merger II is roughly 14.05 . At this time, Legato Merger's EBITDA is very 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 Legato Merger's earnings, one of the primary drivers of an investment's value.Legato Total Debt vs. Competition
Legato Merger II is rated below average in total debt category among its peers. Total debt of Industrials industry is now estimated at about 14.73 Billion. Legato Merger holds roughly 319.69 Million in total debt claiming about 2.17% of equities under Industrials industry.
Legato EBITDA vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Legato Merger |
| = | 319.69 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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.
Legato Merger |
| = | 22.76 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.
Legato EBITDA Comparison
Legato Merger is currently under evaluation in ebitda category among its peers.
Legato Merger Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Legato Merger, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Legato Merger will eventually generate negative long term returns. The profitability progress is the general direction of Legato Merger's change in net profit over the period of time. It can combine multiple indicators of Legato Merger, 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 | -1.5 M | -1.5 M | |
| Operating Income | -31.4 M | -29.8 M | |
| Income Before Tax | -27.2 M | -25.9 M | |
| Total Other Income Expense Net | 4.1 M | 4.3 M | |
| Net Loss | -18.7 M | -17.8 M | |
| Income Tax Expense | -8.5 M | -8.1 M | |
| Net Income Applicable To Common Shares | 2.2 M | 2.3 M | |
| Net Income From Continuing Ops | 1.7 M | 1.5 M | |
| Change To Netincome | -43.5 K | -45.7 K | |
| Net Loss | (0.41) | (0.39) | |
| Income Quality | 0.55 | 0.58 | |
| Net Income Per E B T | 0.71 | 0.88 |
Legato Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Legato Merger. 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 Legato Merger 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 Legato Merger's important profitability drivers and their relationship over time.
Use Legato Merger 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 Legato Merger 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 Legato Merger will appreciate offsetting losses from the drop in the long position's value.Legato Merger Pair Trading
Legato Merger II Pair Trading Analysis
The ability to find closely correlated positions to Legato Merger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Legato Merger 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 Legato Merger - 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 Legato Merger II to buy it.
The correlation of Legato Merger 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 Legato Merger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Legato Merger II 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 Legato Merger 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 Legato Merger position
In addition to having Legato Merger 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 Banking Thematic Idea Now
Banking
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking theme has 61 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 Banking Theme or any other thematic opportunities.
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To fully project Legato Merger's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Legato Merger II 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 Legato Merger's income statement, its balance sheet, and the statement of cash flows.