NTG Clarity Gross Profit vs. Total Debt
Based on the key profitability measurements obtained from NTG Clarity's financial statements, NTG Clarity Networks may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in February. Profitability indicators assess NTG Clarity's ability to earn profits and add value for shareholders.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Please note, there is a significant difference between NTG Clarity's value and its price as these two are different measures arrived at by different means. Investors typically determine if NTG Clarity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NTG Clarity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For NTG Clarity profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NTG Clarity to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NTG Clarity Networks utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NTG Clarity's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NTG Clarity Networks over time as well as its relative position and ranking within its peers.
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NTG Clarity Networks Total Debt vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NTG Clarity's current stock value. Our valuation model uses many indicators to compare NTG Clarity value to that of its competitors to determine the firm's financial worth. NTG Clarity Networks is considered to be number one stock in gross profit category among its peers. It also is rated top company in total debt category among its peers making up about 1.34 of Total Debt per Gross Profit. 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 NTG Clarity's earnings, one of the primary drivers of an investment's value.NTG Total Debt vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
NTG Clarity |
| = | 6.59 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
NTG Clarity |
| = | 8.8 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.
NTG Total Debt vs Competition
NTG Clarity Networks is rated top company in total debt category among its peers. Total debt of Information Technology industry is now estimated at about 9.51 Million. NTG Clarity totals roughly 8.8 Million in total debt claiming about 93% of equities under Information Technology industry.
NTG Clarity Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NTG Clarity, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NTG Clarity will eventually generate negative long term returns. The profitability progress is the general direction of NTG Clarity's change in net profit over the period of time. It can combine multiple indicators of NTG Clarity, 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.
NTG Clarity Networks Inc. provides telecommunications engineering, information technology, networking, and related software solutions in Canada and Egypt. The company was founded in 1992 and is headquartered in Markham, Canada. NTG Clarity operates under Information Technology Services classification in Canada and is traded on TSX Venture Exchange.
NTG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NTG Clarity. 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 NTG Clarity 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 NTG Clarity's important profitability drivers and their relationship over time.
Use NTG Clarity 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 NTG Clarity 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 NTG Clarity will appreciate offsetting losses from the drop in the long position's value.NTG Clarity Pair Trading
NTG Clarity Networks Pair Trading Analysis
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The correlation of Freeport McMoran 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 Freeport McMoran moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freeport McMoran Copper 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.
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Additional Tools for NTG Stock Analysis
When running NTG Clarity's price analysis, check to measure NTG Clarity's 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 NTG Clarity is operating at the current time. Most of NTG Clarity's value examination focuses on studying past and present price action to predict the probability of NTG Clarity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NTG Clarity's price. Additionally, you may evaluate how the addition of NTG Clarity to your portfolios can decrease your overall portfolio volatility.