Multi National Current Ratio vs. Cash And Equivalents
Taking into consideration Multi National's profitability measurements, Multi National Residence may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Multi National's ability to earn profits and add value for shareholders.
Check out Correlation Analysis.
For Multi National profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Multi National to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Multi National Residence utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Multi National's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Multi National Residence over time as well as its relative position and ranking within its peers.
Multi |
Multi National Residence Cash And Equivalents vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Multi National's current stock value. Our valuation model uses many indicators to compare Multi National value to that of its competitors to determine the firm's financial worth. Multi National Residence is considered to be number one stock in current ratio category among its peers. It is rated below average in cash and equivalents category among its peers creating about 3,310,016 of Cash And Equivalents per Current Ratio. 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 Multi National's earnings, one of the primary drivers of an investment's value.Multi Cash And Equivalents vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Multi National |
| = | 6.29 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Multi National |
| = | 20.82 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Multi Cash And Equivalents Comparison
Multi National is currently under evaluation in cash and equivalents category among its peers.
Multi National Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Multi National, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Multi National will eventually generate negative long term returns. The profitability progress is the general direction of Multi National's change in net profit over the period of time. It can combine multiple indicators of Multi National, 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.
MFC Multi is traded on Stock Exchange of Thailand in Thailand.
Multi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Multi National. 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 Multi National 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 Multi National's important profitability drivers and their relationship over time.
Use Multi National 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 Multi National 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 Multi National will appreciate offsetting losses from the drop in the long position's value.Multi National Pair Trading
Multi National Residence Pair Trading Analysis
The ability to find closely correlated positions to Multi National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Multi National 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 Multi National - 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 Multi National Residence to buy it.
The correlation of Multi National 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 Multi National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Multi National Residence 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 Multi National 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 Multi National position
In addition to having Multi National 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 Military Industrial Thematic Idea Now
Military Industrial
A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. The Military Industrial theme has 46 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 Military Industrial Theme or any other thematic opportunities.
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Other Information on Investing in Multi Stock
To fully project Multi National's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Multi National Residence 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 Multi National's income statement, its balance sheet, and the statement of cash flows.