Meritage Hospitality Total Debt vs. Current Valuation
| MHGUDelisted Stock | USD 19.75 0.28 1.44% |
For Meritage Hospitality profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Meritage Hospitality to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Meritage Hospitality Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Meritage Hospitality's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Meritage Hospitality Group over time as well as its relative position and ranking within its peers.
Meritage |
Meritage Hospitality Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Meritage Hospitality's current stock value. Our valuation model uses many indicators to compare Meritage Hospitality value to that of its competitors to determine the firm's financial worth. Meritage Hospitality Group is rated top company in total debt category among its peers. It also is rated top company in current valuation category among its peers reporting about 4.02 of Current Valuation per Total Debt. 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 Meritage Hospitality's earnings, one of the primary drivers of an investment's value.Meritage Total Debt vs. Competition
Meritage Hospitality Group is rated top company in total debt category among its peers. Total debt of Consumer Discretionary industry is now estimated at about 245.85 Million. Meritage Hospitality totals roughly 165.38 Million in total debt claiming about 67% of stocks in Consumer Discretionary industry.
Meritage Current Valuation 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.
Meritage Hospitality |
| = | 165.38 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Meritage Hospitality |
| = | 664.79 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Meritage Current Valuation vs Competition
Meritage Hospitality Group is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is now estimated at about 928.55 Million. Meritage Hospitality totals roughly 664.79 Million in current valuation claiming about 72% of stocks in Consumer Discretionary industry.
Meritage Hospitality Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Meritage Hospitality, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Meritage Hospitality will eventually generate negative long term returns. The profitability progress is the general direction of Meritage Hospitality's change in net profit over the period of time. It can combine multiple indicators of Meritage Hospitality, 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.
Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. Meritage Hospitality Group Inc. was incorporated in 1986 and is headquartered in Grand Rapids, Michigan. Meritage Hosp operates under Restaurants classification in the United States and is traded on OTC Exchange. It employs 330 people.
Meritage Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Meritage Hospitality. 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 Meritage Hospitality 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 Meritage Hospitality's important profitability drivers and their relationship over time.
Use Meritage Hospitality 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 Meritage Hospitality 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 Meritage Hospitality will appreciate offsetting losses from the drop in the long position's value.Meritage Hospitality Pair Trading
Meritage Hospitality Group Pair Trading Analysis
The ability to find closely correlated positions to Meritage Hospitality could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Meritage Hospitality 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 Meritage Hospitality - 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 Meritage Hospitality Group to buy it.
The correlation of Meritage Hospitality 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 Meritage Hospitality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Meritage Hospitality 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 Meritage Hospitality 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 Meritage Hospitality position
In addition to having Meritage Hospitality 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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Cars
Domestic and international companies involved in manufacturing and serving automobiles and trucks. The Cars theme has 47 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 Cars 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 otc stock could be closely tied with the direction of predictive economic indicators such as signals in price. Note that the Meritage Hospitality information on this page should be used as a complementary analysis to other Meritage Hospitality's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in Meritage OTC Stock
If you are still planning to invest in Meritage Hospitality 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 Meritage Hospitality's history and understand the potential risks before investing.
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