Nanosonics Revenue vs. EBITDA
| NAN Stock | 3.04 0.10 3.18% |
Total Revenue | First Reported 2006-09-30 | Previous Quarter 80.7 M | Current Value 90.4 M | Quarterly Volatility 24.1 M |
For Nanosonics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nanosonics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nanosonics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nanosonics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nanosonics over time as well as its relative position and ranking within its peers.
Nanosonics |
Nanosonics EBITDA vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nanosonics's current stock value. Our valuation model uses many indicators to compare Nanosonics value to that of its competitors to determine the firm's financial worth. Nanosonics is regarded third in revenue category among its peers. It is considered to be number one stock in ebitda category among its peers totaling about 0.13 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Nanosonics is roughly 7.90 . At this time, Nanosonics' Total Revenue is comparatively stable compared to the past year. 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 Nanosonics' earnings, one of the primary drivers of an investment's value.Nanosonics Revenue vs. Competition
Nanosonics is regarded third in revenue category among its peers. Market size based on revenue of Health Care industry is now estimated at about 231.44 Billion. Nanosonics adds roughly 171.56 Million in revenue claiming only tiny portion of equities under Health Care industry.
Nanosonics EBITDA vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Nanosonics |
| = | 171.56 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Nanosonics |
| = | 21.72 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.
Nanosonics EBITDA Comparison
Nanosonics is currently under evaluation in ebitda category among its peers.
Nanosonics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nanosonics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nanosonics will eventually generate negative long term returns. The profitability progress is the general direction of Nanosonics' change in net profit over the period of time. It can combine multiple indicators of Nanosonics, 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 | 29.9 M | 31.4 M | |
| Operating Income | 9.1 M | 9.6 M | |
| Income Before Tax | 13 M | 13.6 M | |
| Total Other Income Expense Net | 3.9 M | 4.1 M | |
| Net Income | 13 M | 13.6 M | |
| Income Tax Expense | 14 K | 13.3 K | |
| Net Income From Continuing Ops | 13 M | 9.3 M | |
| Net Income Applicable To Common Shares | 22.9 M | 24 M | |
| Net Interest Income | 3.9 M | 4.1 M | |
| Interest Income | 5 M | 5.2 M | |
| Change To Netincome | -2.5 M | -2.4 M |
Nanosonics Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nanosonics. 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 Nanosonics 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 Nanosonics' important profitability drivers and their relationship over time.
Use Nanosonics 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 Nanosonics 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 Nanosonics will appreciate offsetting losses from the drop in the long position's value.Nanosonics Pair Trading
Nanosonics Pair Trading Analysis
The ability to find closely correlated positions to Nanosonics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nanosonics 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 Nanosonics - 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 Nanosonics to buy it.
The correlation of Nanosonics 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 Nanosonics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nanosonics 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 Nanosonics 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 Nanosonics position
In addition to having Nanosonics 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 Small Blend Funds Thematic Idea Now
Small Blend Funds
Fund or Etfs that invest in stocks of small to mid-sized entities that have characteristics of both growth and value companies. The Small Blend Funds theme has 40 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 Small Blend Funds Theme or any other thematic opportunities.
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Additional Tools for Nanosonics Stock Analysis
When running Nanosonics' price analysis, check to measure Nanosonics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nanosonics is operating at the current time. Most of Nanosonics' value examination focuses on studying past and present price action to predict the probability of Nanosonics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanosonics' price. Additionally, you may evaluate how the addition of Nanosonics to your portfolios can decrease your overall portfolio volatility.