Sparebanken Mre Cash And Equivalents vs. EBITDA
| MORG Stock | NOK 92.00 0.90 0.97% |
For Sparebanken Mre profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sparebanken Mre to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sparebanken Mre utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sparebanken Mre's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sparebanken Mre over time as well as its relative position and ranking within its peers.
Sparebanken |
Sparebanken Mre EBITDA vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sparebanken Mre's current stock value. Our valuation model uses many indicators to compare Sparebanken Mre value to that of its competitors to determine the firm's financial worth. Sparebanken Mre is considered to be number one stock in cash and equivalents category among its peers. It also is considered to be number one stock in ebitda category among its peers totaling about 0.83 of EBITDA per Cash And Equivalents. The ratio of Cash And Equivalents to EBITDA for Sparebanken Mre is roughly 1.20 . 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 Sparebanken Mre's earnings, one of the primary drivers of an investment's value.Sparebanken EBITDA vs. Cash And Equivalents
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.
Sparebanken Mre |
| = | 1.55 B |
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).
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Sparebanken Mre |
| = | 1.29 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Sparebanken EBITDA Comparison
Sparebanken Mre is currently under evaluation in ebitda category among its peers.
Sparebanken Mre Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sparebanken Mre, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sparebanken Mre will eventually generate negative long term returns. The profitability progress is the general direction of Sparebanken Mre's change in net profit over the period of time. It can combine multiple indicators of Sparebanken Mre, 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.
Sparebanken Mre, together with its subsidiaries, provides banking services for retail and corporate customers primarily in Mre og Romsdal, Norway. Sparebanken Mre was founded in 1843 and is headquartered in lesund, Norway. SPAREBANKEN MORE is traded on Oslo Stock Exchange in Norway.
Sparebanken Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sparebanken Mre. 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 Sparebanken Mre 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 Sparebanken Mre's important profitability drivers and their relationship over time.
Use Sparebanken Mre 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 Sparebanken Mre 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 Sparebanken Mre will appreciate offsetting losses from the drop in the long position's value.Sparebanken Mre Pair Trading
Sparebanken Mre Pair Trading Analysis
The ability to find closely correlated positions to Sparebanken Mre could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sparebanken Mre 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 Sparebanken Mre - 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 Sparebanken Mre to buy it.
The correlation of Sparebanken Mre 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 Sparebanken Mre moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sparebanken Mre 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 Sparebanken Mre 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 Sparebanken Mre position
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Other Information on Investing in Sparebanken Stock
To fully project Sparebanken Mre's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sparebanken Mre 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 Sparebanken Mre's income statement, its balance sheet, and the statement of cash flows.