Noco Noco Total Debt vs. Current Valuation
| NCNC Stock | 0.03 0.07 69.20% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Return On Equity | 4.31 | 4.11 |
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For Noco Noco profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Noco Noco to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well noco noco Ordinary Share utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Noco Noco's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of noco noco Ordinary Share over time as well as its relative position and ranking within its peers.
Noco |
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Noco Noco. If investors know Noco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Noco Noco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.15) | Return On Assets (25.07) |
The market value of noco noco Ordinary is measured differently than its book value, which is the value of Noco that is recorded on the company's balance sheet. Investors also form their own opinion of Noco Noco's value that differs from its market value or its book value, called intrinsic value, which is Noco Noco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Noco Noco's market value can be influenced by many factors that don't directly affect Noco Noco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Noco Noco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noco Noco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noco Noco'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.
noco noco Ordinary Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Noco Noco's current stock value. Our valuation model uses many indicators to compare Noco Noco value to that of its competitors to determine the firm's financial worth. noco noco Ordinary Share is rated top company in total debt category among its peers. It also is rated top company in current valuation category among its peers reporting about 28.77 of Current Valuation per Total Debt. 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 Noco Noco's earnings, one of the primary drivers of an investment's value.Noco Total Debt vs. Competition
noco noco Ordinary Share is rated top company in total debt category among its peers. Total debt of Consumer Discretionary industry is now estimated at about 99.43 Billion. Noco Noco adds roughly 209,745 in total debt claiming only tiny portion of stocks in Consumer Discretionary industry.
Noco Current Valuation vs. Total Debt
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.
Noco Noco |
| = | 209.75 K |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Noco Noco |
| = | 6.03 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Noco Current Valuation vs Competition
noco noco Ordinary Share is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is now estimated at about 292.92 Billion. Noco Noco adds roughly 6.03 Million in current valuation claiming only tiny portion of stocks in Consumer Discretionary industry.
Noco Noco Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Noco Noco, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Noco Noco will eventually generate negative long term returns. The profitability progress is the general direction of Noco Noco's change in net profit over the period of time. It can combine multiple indicators of Noco Noco, 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 | -405.9 K | -385.6 K | |
| Operating Income | -15.2 M | -14.4 M | |
| Net Loss | -15.1 M | -14.4 M | |
| Income Before Tax | -15.1 M | -14.4 M | |
| Total Other Income Expense Net | 44.2 K | 29.7 K | |
| Net Loss | -969.1 K | -1 M | |
| Net Loss | -15.1 M | -14.4 M | |
| Income Tax Expense | -14.8 K | -15.6 K | |
| Net Loss | (0.14) | (0.16) | |
| Income Quality | 0.20 | 0.19 |
Noco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Noco Noco. 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 Noco Noco 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 Noco Noco's important profitability drivers and their relationship over time.
Use Noco Noco 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 Noco Noco 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 Noco Noco will appreciate offsetting losses from the drop in the long position's value.Noco Noco Pair Trading
noco noco Ordinary Share Pair Trading Analysis
The ability to find closely correlated positions to Noco Noco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Noco Noco 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 Noco Noco - 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 noco noco Ordinary Share to buy it.
The correlation of Noco Noco 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 Noco Noco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if noco noco Ordinary 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 Noco Noco 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 Noco Noco position
In addition to having Noco Noco 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 Management Thematic Idea Now
Management
Companies providing management services to businesses. The Management theme has 39 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 Management Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
To fully project Noco Noco's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of noco noco Ordinary 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 Noco Noco's income statement, its balance sheet, and the statement of cash flows.