Multicorp Intl Current Asset vs. Net Income
Multicorp Intl Net Income vs. Current Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Multicorp Intl's current stock value. Our valuation model uses many indicators to compare Multicorp Intl value to that of its competitors to determine the firm's financial worth. Multicorp Intl is considered to be number one stock in current asset category among its peers. It also is considered to be number one stock in net income category among its peers making up about 57.29 of Net Income per Current Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Multicorp Intl by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Multicorp Intl's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Multicorp Net Income vs. Current Asset
Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Multicorp Intl |
| = | 8 K |
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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.
Multicorp Intl |
| = | 458.34 K |
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.
Multicorp Net Income Comparison
Multicorp Intl is currently under evaluation in net income category among its peers.
Multicorp Intl Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Multicorp Intl, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Multicorp Intl will eventually generate negative long term returns. The profitability progress is the general direction of Multicorp Intl's change in net profit over the period of time. It can combine multiple indicators of Multicorp Intl, 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.
MultiCorp International, Inc. does not have significant operations. The company was formerly known as XTend Medical Corporation and changed its name to MultiCorp International, Inc. in August 2012. Multicorp International operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.
Multicorp Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Multicorp Intl. 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 Multicorp Intl 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 Multicorp Intl's important profitability drivers and their relationship over time.
Multicorp Intl Earnings per Share Projection vs Actual
Use Multicorp Intl 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 Multicorp Intl 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 Multicorp Intl will appreciate offsetting losses from the drop in the long position's value.Multicorp Intl Pair Trading
Multicorp Intl Pair Trading Analysis
The ability to find closely correlated positions to Multicorp Intl could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Multicorp Intl 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 Multicorp Intl - 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 Multicorp Intl to buy it.
The correlation of Multicorp Intl 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 Multicorp Intl moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Multicorp Intl 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 Multicorp Intl 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 Multicorp Intl position
In addition to having Multicorp Intl 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 Macroaxis Picks Thematic Idea Now
Macroaxis Picks
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks 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 Macroaxis Picks Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Multicorp Pink Sheet
To fully project Multicorp Intl's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Multicorp Intl 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 Multicorp Intl's income statement, its balance sheet, and the statement of cash flows.