Orkla ASA Cash And Equivalents vs. EBITDA
| ORKLY Stock | USD 9.24 0.04 0.43% |
For Orkla ASA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Orkla ASA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Orkla ASA ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Orkla ASA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Orkla ASA ADR over time as well as its relative position and ranking within its peers.
Orkla |
Orkla ASA ADR EBITDA vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Orkla ASA's current stock value. Our valuation model uses many indicators to compare Orkla ASA value to that of its competitors to determine the firm's financial worth. Orkla ASA ADR is considered to be number one stock in cash and equivalents category among its peers. It also is considered to be number one stock in ebitda category among its peers totaling about 7.53 of EBITDA per Cash And Equivalents. Comparative valuation analysis is a catch-all model that can be used if you cannot value Orkla ASA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Orkla ASA'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.Orkla EBITDA vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Orkla ASA |
| = | 1.14 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.
Orkla ASA |
| = | 8.59 B |
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.
Orkla EBITDA Comparison
Orkla ASA is currently under evaluation in ebitda category among its peers.
Orkla ASA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Orkla ASA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Orkla ASA will eventually generate negative long term returns. The profitability progress is the general direction of Orkla ASA's change in net profit over the period of time. It can combine multiple indicators of Orkla ASA, 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.
Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. Orkla As is traded on OTC Exchange in the United States.
Orkla Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Orkla ASA. 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 Orkla ASA 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 Orkla ASA's important profitability drivers and their relationship over time.
Use Orkla ASA 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 Orkla ASA 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 Orkla ASA will appreciate offsetting losses from the drop in the long position's value.Orkla ASA Pair Trading
Orkla ASA ADR Pair Trading Analysis
The ability to find closely correlated positions to Orkla ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orkla ASA 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 Orkla ASA - 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 Orkla ASA ADR to buy it.
The correlation of Orkla ASA 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 Orkla ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orkla ASA ADR 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 Orkla ASA 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 Orkla ASA position
In addition to having Orkla ASA 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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Additional Tools for Orkla Pink Sheet Analysis
When running Orkla ASA's price analysis, check to measure Orkla ASA'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 Orkla ASA is operating at the current time. Most of Orkla ASA's value examination focuses on studying past and present price action to predict the probability of Orkla ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orkla ASA's price. Additionally, you may evaluate how the addition of Orkla ASA to your portfolios can decrease your overall portfolio volatility.