Matrix EBITDA vs. Total Debt
| MTRX Stock | ILS 8,041 20.00 0.25% |
For Matrix profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Matrix to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Matrix utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Matrix's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Matrix over time as well as its relative position and ranking within its peers.
Matrix |
Matrix Total Debt vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Matrix's current stock value. Our valuation model uses many indicators to compare Matrix value to that of its competitors to determine the firm's financial worth. Matrix is considered to be number one stock in ebitda category among its peers. It also is rated top company in total debt category among its peers making up about 0.92 of Total Debt per EBITDA. The ratio of EBITDA to Total Debt for Matrix is roughly 1.08 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Matrix by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Matrix's 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.Matrix Total Debt vs. EBITDA
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.
Matrix |
| = | 460.09 M |
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.
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.
Matrix |
| = | 424.11 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.
Matrix Total Debt vs Competition
Matrix is rated top company in total debt category among its peers. Total debt of Information Technology industry is now estimated at about 23.78 Billion. Matrix claims roughly 424.11 Million in total debt contributing just under 2% to equities under Information Technology industry.
Matrix Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Matrix, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Matrix will eventually generate negative long term returns. The profitability progress is the general direction of Matrix's change in net profit over the period of time. It can combine multiple indicators of Matrix, 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.
Matrix IT Ltd., an IT company, provides software products and solutions in Israel. It serves organizations and companies in industry, retail, banking and finances, education and academe, hi-tech and ISVs, telecom, defense, health, and the governmentpublic sectors. MATRIX IT operates under Information Technology Services classification in Israel and is traded on Tel Aviv Stock Exchange.
Matrix Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Matrix. 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 Matrix 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 Matrix's important profitability drivers and their relationship over time.
Use Matrix 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 Matrix 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 Matrix will appreciate offsetting losses from the drop in the long position's value.Matrix Pair Trading
Matrix Pair Trading Analysis
The ability to find closely correlated positions to Matrix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Matrix 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 Matrix - 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 Matrix to buy it.
The correlation of Matrix 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 Matrix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Matrix 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 Matrix 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 Matrix position
In addition to having Matrix 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 Rubber and Plastic Products Thematic Idea Now
Rubber and Plastic Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Rubber and Plastic Products theme has 27 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 Rubber and Plastic Products Theme or any other thematic opportunities.
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Other Information on Investing in Matrix Stock
To fully project Matrix's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Matrix 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 Matrix's income statement, its balance sheet, and the statement of cash flows.