Priority Aviation Total Debt vs. Revenue
Considering Priority Aviation's profitability and operating efficiency indicators, Priority Aviation may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Priority Aviation's ability to earn profits and add value for shareholders.
Check out Your Equity Center.
For Priority Aviation profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Priority Aviation to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Priority Aviation utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Priority Aviation's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Priority Aviation over time as well as its relative position and ranking within its peers.
Priority |
Priority Aviation Revenue vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Priority Aviation's current stock value. Our valuation model uses many indicators to compare Priority Aviation value to that of its competitors to determine the firm's financial worth. Priority Aviation is rated below average in total debt category among its peers. It is regarded second in revenue category among its peers totaling about 1.35 of Revenue per Total Debt. 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 Priority Aviation's earnings, one of the primary drivers of an investment's value.Priority Total Debt vs. Competition
Priority Aviation is rated below average in total debt category among its peers. Total debt of Drug Manufacturers—Specialty & Generic industry is at this time estimated at about 341.24 Million. Priority Aviation claims roughly 4.14 Million in total debt contributing just under 2% to equities under Drug Manufacturers—Specialty & Generic industry.
Priority Revenue 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.
Priority Aviation |
| = | 4.14 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Priority Aviation |
| = | 5.59 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Priority Revenue vs Competition
Priority Aviation is regarded second in revenue category among its peers. Market size based on revenue of Drug Manufacturers—Specialty & Generic industry is at this time estimated at about 753.29 Million. Priority Aviation maintains roughly 5.59 Million in revenue contributing less than 1% to equities under Drug Manufacturers—Specialty & Generic industry.
Priority Aviation Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Priority Aviation, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Priority Aviation will eventually generate negative long term returns. The profitability progress is the general direction of Priority Aviation's change in net profit over the period of time. It can combine multiple indicators of Priority Aviation, 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.
Priority One Jets, Inc. operates as a full service aviation company that provides on demand air charter, jet charter membership cards, and aircraft sales for business aviation, leisure, and government travel. The company is based in New York, New York with additional locations in the Americas, Europe, and Asia. Priority Aviation operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.
Priority Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Priority Aviation. 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 Priority Aviation 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 Priority Aviation's important profitability drivers and their relationship over time.
Use Priority Aviation 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 Priority Aviation 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 Priority Aviation will appreciate offsetting losses from the drop in the long position's value.Priority Aviation Pair Trading
Priority Aviation Pair Trading Analysis
The ability to find closely correlated positions to Priority Aviation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Priority Aviation 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 Priority Aviation - 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 Priority Aviation to buy it.
The correlation of Priority Aviation 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 Priority Aviation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Priority Aviation 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 Priority Aviation 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 Priority Aviation position
In addition to having Priority Aviation 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 Drugs Thematic Idea Now
Drugs
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 45 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 Drugs Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Priority Pink Sheet Analysis
When running Priority Aviation's price analysis, check to measure Priority Aviation'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 Priority Aviation is operating at the current time. Most of Priority Aviation's value examination focuses on studying past and present price action to predict the probability of Priority Aviation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Priority Aviation's price. Additionally, you may evaluate how the addition of Priority Aviation to your portfolios can decrease your overall portfolio volatility.