ODFJELL DRILLLTD Total Debt vs. Shares Owned By Institutions
| OD3 Stock | EUR 4.26 0.08 1.91% |
For ODFJELL DRILLLTD profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ODFJELL DRILLLTD to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ODFJELL DRILLLTD DL 01 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ODFJELL DRILLLTD's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ODFJELL DRILLLTD DL 01 over time as well as its relative position and ranking within its peers.
ODFJELL |
ODFJELL DRILLLTD Shares Owned By Institutions vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ODFJELL DRILLLTD's current stock value. Our valuation model uses many indicators to compare ODFJELL DRILLLTD value to that of its competitors to determine the firm's financial worth. ODFJELL DRILLLTD DL 01 is rated top company in total debt category among its peers. It also is considered to be number one stock in shares owned by institutions category among its peers . The ratio of Total Debt to Shares Owned By Institutions for ODFJELL DRILLLTD DL 01 is about 86,127,168 . 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 ODFJELL DRILLLTD's earnings, one of the primary drivers of an investment's value.ODFJELL Total Debt vs. Competition
ODFJELL DRILLLTD DL 01 is rated top company in total debt category among its peers. Total debt of Oil & Gas Drilling industry is now estimated at about 15.2 Billion. ODFJELL DRILLLTD holds roughly 1.49 Billion in total debt claiming about 10% of all equities under Oil & Gas Drilling industry.
ODFJELL Shares Owned By Institutions 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.
ODFJELL DRILLLTD |
| = | 1.49 B |
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.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
ODFJELL DRILLLTD |
| = | 17.30 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
ODFJELL Shares Owned By Institutions Comparison
ODFJELL DRILLLTD is currently under evaluation in shares owned by institutions category among its peers.
ODFJELL DRILLLTD Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ODFJELL DRILLLTD, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ODFJELL DRILLLTD will eventually generate negative long term returns. The profitability progress is the general direction of ODFJELL DRILLLTD's change in net profit over the period of time. It can combine multiple indicators of ODFJELL DRILLLTD, 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.
Odfjell Drilling Ltd. operates as an integrated offshore drilling, well service, and engineering company worldwide. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Ltd. ODFJELL DRILL operates under Oil Gas Drilling classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2377 people.
ODFJELL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ODFJELL DRILLLTD. 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 ODFJELL DRILLLTD 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 ODFJELL DRILLLTD's important profitability drivers and their relationship over time.
Use ODFJELL DRILLLTD 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 ODFJELL DRILLLTD 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 ODFJELL DRILLLTD will appreciate offsetting losses from the drop in the long position's value.ODFJELL DRILLLTD Pair Trading
ODFJELL DRILLLTD DL 01 Pair Trading Analysis
The ability to find closely correlated positions to ODFJELL DRILLLTD could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ODFJELL DRILLLTD 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 ODFJELL DRILLLTD - 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 ODFJELL DRILLLTD DL 01 to buy it.
The correlation of ODFJELL DRILLLTD 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 ODFJELL DRILLLTD moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ODFJELL DRILLLTD 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 ODFJELL DRILLLTD 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 ODFJELL DRILLLTD position
In addition to having ODFJELL DRILLLTD 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.
| View All Next | Launch |
Other Information on Investing in ODFJELL Stock
To fully project ODFJELL DRILLLTD's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ODFJELL DRILLLTD 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 ODFJELL DRILLLTD's income statement, its balance sheet, and the statement of cash flows.