National Waste Net Income vs. EBITDA
| NWMH Stock | USD 0.0001 0.00 0.00% |
For National Waste profitability analysis, we use financial ratios and fundamental drivers that measure the ability of National Waste to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well National Waste Management utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between National Waste's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of National Waste Management over time as well as its relative position and ranking within its peers.
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National Waste Management EBITDA vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining National Waste's current stock value. Our valuation model uses many indicators to compare National Waste value to that of its competitors to determine the firm's financial worth. National Waste Management is regarded fourth in net income category among its peers. It is considered to be number one stock in ebitda category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value National Waste by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for National Waste's Pink Sheet. 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.National EBITDA vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
National Waste |
| = | (765.21 K) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
National Waste |
| = | 701.36 K |
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.
National EBITDA Comparison
National Waste is currently under evaluation in ebitda category among its peers.
National Waste Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in National Waste, profitability is also one of the essential criteria for including it into their portfolios because, without profit, National Waste will eventually generate negative long term returns. The profitability progress is the general direction of National Waste's change in net profit over the period of time. It can combine multiple indicators of National Waste, 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.
National Waste Management Holdings, Inc. operates as a waste management company in Upstate New York and Central Florida. The company was founded in 1986 and is headquartered in Hernando, Florida. National Waste is traded on OTC Exchange in the United States.
National Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on National Waste. 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 National Waste 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 National Waste's important profitability drivers and their relationship over time.
Use National Waste 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 National Waste 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 National Waste will appreciate offsetting losses from the drop in the long position's value.National Waste Pair Trading
National Waste Management Pair Trading Analysis
The ability to find closely correlated positions to National Waste could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Waste 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 National Waste - 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 National Waste Management to buy it.
The correlation of National Waste 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 National Waste moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Waste Management 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 National Waste 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 National Waste position
In addition to having National Waste 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?
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Other Information on Investing in National Pink Sheet
To fully project National Waste's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of National Waste Management 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 National Waste's income statement, its balance sheet, and the statement of cash flows.