Puradyn Filter Total Debt vs. Return On Asset
| PFTIDelisted Stock | USD 0.0001 0.00 0.00% |
For Puradyn Filter profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Puradyn Filter to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Puradyn Filter Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Puradyn Filter's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Puradyn Filter Technologies over time as well as its relative position and ranking within its peers.
Puradyn |
Puradyn Filter Techn Return On Asset vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Puradyn Filter's current stock value. Our valuation model uses many indicators to compare Puradyn Filter value to that of its competitors to determine the firm's financial worth. Puradyn Filter Technologies is rated top company in total debt category among its peers. It also is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Puradyn Filter by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Puradyn Filter'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.Puradyn Total Debt vs. Competition
Puradyn Filter Technologies is rated top company in total debt category among its peers. Total debt of Consumer Discretionary industry is at this time estimated at about 10.75 Billion. Puradyn Filter adds roughly 8.39 Million in total debt claiming only tiny portion of stocks in Consumer Discretionary industry.
Puradyn Return On Asset 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.
Puradyn Filter |
| = | 8.39 M |
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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Puradyn Filter |
| = | -0.37 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Puradyn Return On Asset Comparison
Puradyn Filter is currently under evaluation in return on asset category among its peers.
Puradyn Filter Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Puradyn Filter, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Puradyn Filter will eventually generate negative long term returns. The profitability progress is the general direction of Puradyn Filter's change in net profit over the period of time. It can combine multiple indicators of Puradyn Filter, 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.
Puradyn Filter Technologies, Inc. designs, manufactures, markets, and distributes bypass oil filtration systems for use with internal combustion engines and hydraulic equipment that use lubricating oil worldwide. The company was founded in 1987 and is based in Boynton Beach, Florida. PURADYN FILTER operates under Auto Parts classification in the United States and is traded on PNK Exchange. It employs 13 people.
Puradyn Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Puradyn Filter. 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 Puradyn Filter 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 Puradyn Filter's important profitability drivers and their relationship over time.
Use Puradyn Filter 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 Puradyn Filter 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 Puradyn Filter will appreciate offsetting losses from the drop in the long position's value.Puradyn Filter Pair Trading
Puradyn Filter Technologies Pair Trading Analysis
The ability to find closely correlated positions to Puradyn Filter could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Puradyn Filter 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 Puradyn Filter - 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 Puradyn Filter Technologies to buy it.
The correlation of Puradyn Filter 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 Puradyn Filter moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Puradyn Filter Techn 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 Puradyn Filter 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 Puradyn Filter position
In addition to having Puradyn Filter 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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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Puradyn Pink Sheet
If you are still planning to invest in Puradyn Filter Techn check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Puradyn Filter's history and understand the potential risks before investing.
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