Megastar Foods Return On Asset vs. Total Debt
| MEGASTAR | 219.50 4.65 2.07% |
For Megastar Foods profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Megastar Foods to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Megastar Foods Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Megastar Foods's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Megastar Foods Limited over time as well as its relative position and ranking within its peers.
Megastar |
Megastar Foods Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Megastar Foods's current stock value. Our valuation model uses many indicators to compare Megastar Foods value to that of its competitors to determine the firm's financial worth. Megastar Foods Limited is considered to be number one stock in return on asset category among its peers. It also is rated top company in total debt category among its peers making up about 21,783,026,820 of Total Debt per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Megastar Foods by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Megastar Foods' Stock. 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.Megastar Total Debt vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Megastar Foods |
| = | 0.0261 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Megastar Foods |
| = | 568.54 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.
Megastar Total Debt vs Competition
Megastar Foods Limited is rated top company in total debt category among its peers. Total debt of Consumer Staples industry is now estimated at about 55.22 Billion. Megastar Foods claims roughly 568.54 Million in total debt contributing just under 2% to stocks in Consumer Staples industry.
Megastar Foods Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Megastar Foods, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Megastar Foods will eventually generate negative long term returns. The profitability progress is the general direction of Megastar Foods' change in net profit over the period of time. It can combine multiple indicators of Megastar Foods, 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 | 2.3 K | 1.6 K | |
| Operating Income | 239.1 M | 251 M | |
| Income Before Tax | 82.2 M | 46.8 M | |
| Total Other Income Expense Net | -156.9 M | -149 M | |
| Net Income | 63.2 M | 44.9 M | |
| Income Tax Expense | 18.9 M | 12.3 M | |
| Net Interest Income | -44.7 M | -46.9 M | |
| Interest Income | 1.4 M | 1.5 M | |
| Net Income From Continuing Ops | 63.2 M | 58.4 M | |
| Net Income Applicable To Common Shares | 62.7 M | 47.4 M | |
| Change To Netincome | 29.1 M | 25.9 M |
Megastar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Megastar Foods. 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 Megastar Foods 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 Megastar Foods' important profitability drivers and their relationship over time.
Use Megastar Foods 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 Megastar Foods 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 Megastar Foods will appreciate offsetting losses from the drop in the long position's value.Megastar Foods Pair Trading
Megastar Foods Limited Pair Trading Analysis
The ability to find closely correlated positions to Megastar Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Megastar Foods 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 Megastar Foods - 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 Megastar Foods Limited to buy it.
The correlation of Megastar Foods 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 Megastar Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Megastar Foods 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 Megastar Foods 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 Megastar Foods position
In addition to having Megastar Foods 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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Other Information on Investing in Megastar Stock
To fully project Megastar Foods' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Megastar Foods 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 Megastar Foods' income statement, its balance sheet, and the statement of cash flows.