Pacific Gas Total Asset vs. EBITDA
| PCG-PI Preferred Stock | USD 17.96 0.04 0.22% |
For Pacific Gas profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pacific Gas to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pacific Gas and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pacific Gas's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pacific Gas and over time as well as its relative position and ranking within its peers.
Pacific |
Pacific Gas EBITDA vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pacific Gas's current stock value. Our valuation model uses many indicators to compare Pacific Gas value to that of its competitors to determine the firm's financial worth. Pacific Gas and is considered to be number one stock in total asset category among its peers. It also 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 Pacific Gas by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Pacific Gas' Preferred Stock. 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.Pacific EBITDA vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Pacific Gas |
| = | 103.33 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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.
Pacific Gas |
| = | (284 M) |
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.
Pacific EBITDA Comparison
Pacific Gas is currently under evaluation in ebitda category among its peers.
Pacific Gas Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pacific Gas, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pacific Gas will eventually generate negative long term returns. The profitability progress is the general direction of Pacific Gas' change in net profit over the period of time. It can combine multiple indicators of Pacific Gas, 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.
Pacific Gas and Electric Company generates, transmits, distributes, and sells electricity and natural gas to customers in Northern and Central California. Pacific Gas and Electric Company is a subsidiary of PGE Corporation. Pacific Gas is traded on American Stock Exchange in USA.
Pacific Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pacific Gas. 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 Pacific Gas 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 Pacific Gas' important profitability drivers and their relationship over time.
Use Pacific Gas 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 Pacific Gas 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 Pacific Gas will appreciate offsetting losses from the drop in the long position's value.Pacific Gas Pair Trading
Pacific Gas and Pair Trading Analysis
The ability to find closely correlated positions to Pacific Gas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pacific Gas 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 Pacific Gas - 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 Pacific Gas and to buy it.
The correlation of Pacific Gas 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 Pacific Gas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pacific Gas 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 Pacific Gas 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 Pacific Gas position
In addition to having Pacific Gas 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 Semiconductor Thematic Idea Now
Semiconductor
Companies involved in production of semiconductor and semiconductor materials. The Semiconductor theme has 38 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 Semiconductor Theme or any other thematic opportunities.
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Other Information on Investing in Pacific Preferred Stock
To fully project Pacific Gas' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pacific Gas 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 Pacific Gas' income statement, its balance sheet, and the statement of cash flows.