MCloud Technologies Shares Outstanding vs. Total Debt
Based on MCloud Technologies' profitability indicators, MCloud Technologies Corp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in May. Profitability indicators assess MCloud Technologies' ability to earn profits and add value for shareholders.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Please note, there is a significant difference between MCloud Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if MCloud Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MCloud Technologies' 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.
For MCloud Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MCloud Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MCloud Technologies Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MCloud Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MCloud Technologies Corp over time as well as its relative position and ranking within its peers.
MCloud |
MCloud Technologies Corp Total Debt vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MCloud Technologies's current stock value. Our valuation model uses many indicators to compare MCloud Technologies value to that of its competitors to determine the firm's financial worth. MCloud Technologies Corp is regarded fourth in shares outstanding category among its peers. It is regarded third in total debt category among its peers making up about 1.73 of Total Debt per Shares Outstanding. Comparative valuation analysis is a catch-all technique that is used if you cannot value MCloud Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.MCloud Total Debt vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
MCloud Technologies |
| = | 23.25 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
MCloud Technologies |
| = | 40.31 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.
MCloud Total Debt vs Competition
MCloud Technologies Corp is regarded third in total debt category among its peers. Total debt of Information Technology industry is now estimated at about 278.31 Million. MCloud Technologies retains roughly 40.31 Million in total debt claiming about 14% of equities under Information Technology industry.
MCloud Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MCloud Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MCloud Technologies will eventually generate negative long term returns. The profitability progress is the general direction of MCloud Technologies' change in net profit over the period of time. It can combine multiple indicators of MCloud Technologies, 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.
mCloud Technologies Corp., a technology company, provides asset management platform solutions combining IoT, artificial intelligence , and cloud in North America, the Asia-Pacific, Europe, the Middle East, Africa, Australia, and China. The company was formerly known as Universal mCloud Corp. and changed its name to mCloud Technologies Corp. in October 2019. mCloud Technologies Corp. was founded in 2017 and is headquartered in Vancouver, Canada. Mcloud Technologies is traded on NASDAQ Exchange in the United States.
MCloud Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MCloud Technologies. 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 MCloud Technologies 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 MCloud Technologies' important profitability drivers and their relationship over time.
Use MCloud Technologies 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 MCloud Technologies 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 MCloud Technologies will appreciate offsetting losses from the drop in the long position's value.MCloud Technologies Pair Trading
MCloud Technologies Corp Pair Trading Analysis
The ability to find closely correlated positions to AutoNation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AutoNation 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 AutoNation - 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 AutoNation to buy it.
The correlation of AutoNation 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 AutoNation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoNation 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 AutoNation 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 MCloud Technologies position
In addition to having MCloud Technologies 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 Technology Thematic Idea Now
Technology
Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. The Technology theme has 30 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 Technology Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Other Consideration for investing in MCloud Stock
If you are still planning to invest in MCloud Technologies Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the MCloud Technologies' history and understand the potential risks before investing.
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