ParaZero Technologies Return On Asset vs. EBITDA
| PRZO Stock | 1.24 0.60 93.75% |
For ParaZero Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ParaZero Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ParaZero Technologies Ltd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ParaZero Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ParaZero Technologies Ltd over time as well as its relative position and ranking within its peers.
ParaZero |
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ParaZero Technologies. If investors know ParaZero will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ParaZero Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.48) | Revenue Per Share 0.065 | Quarterly Revenue Growth (0.18) | Return On Assets (0.68) | Return On Equity (5.03) |
The market value of ParaZero Technologies is measured differently than its book value, which is the value of ParaZero that is recorded on the company's balance sheet. Investors also form their own opinion of ParaZero Technologies' value that differs from its market value or its book value, called intrinsic value, which is ParaZero Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ParaZero Technologies' market value can be influenced by many factors that don't directly affect ParaZero Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ParaZero Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if ParaZero Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ParaZero Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ParaZero Technologies EBITDA vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ParaZero Technologies's current stock value. Our valuation model uses many indicators to compare ParaZero Technologies value to that of its competitors to determine the firm's financial worth. ParaZero Technologies Ltd is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in ebitda category among its peers . ParaZero Technologies reported last year EBITDA of (3.6 Million). 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 ParaZero Technologies' earnings, one of the primary drivers of an investment's value.ParaZero EBITDA vs. Return On Asset
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.
ParaZero Technologies |
| = | -0.68 |
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.
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.
ParaZero Technologies |
| = | (3.6 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.
ParaZero EBITDA Comparison
ParaZero Technologies is currently under evaluation in ebitda category among its peers.
ParaZero Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ParaZero Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ParaZero Technologies will eventually generate negative long term returns. The profitability progress is the general direction of ParaZero Technologies' change in net profit over the period of time. It can combine multiple indicators of ParaZero Technologies, 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.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | 57.9 K | 60.8 K | |
| Operating Income | -2.8 M | -2.7 M | |
| Net Loss | -3.8 M | -3.6 M | |
| Income Before Tax | -3.8 M | -3.6 M | |
| Total Other Income Expense Net | -971.8 K | -923.2 K | |
| Net Loss | -707.7 K | -743.1 K | |
| Net Loss | -3.8 M | -3.6 M | |
| Income Tax Expense | -599.4 K | -629.3 K | |
| Interest Income | 210.7 K | 209.5 K | |
| Change To Netincome | -362.1 K | -344 K | |
| Net Loss | (0.77) | (0.81) | |
| Income Quality | 0.78 | 0.80 |
ParaZero Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ParaZero Technologies. 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 ParaZero Technologies 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 ParaZero Technologies' important profitability drivers and their relationship over time.
Use ParaZero Technologies 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 ParaZero Technologies 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 ParaZero Technologies will appreciate offsetting losses from the drop in the long position's value.ParaZero Technologies Pair Trading
ParaZero Technologies Ltd Pair Trading Analysis
The ability to find closely correlated positions to ParaZero Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ParaZero Technologies 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 ParaZero Technologies - 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 ParaZero Technologies Ltd to buy it.
The correlation of ParaZero Technologies 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 ParaZero Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ParaZero Technologies 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 ParaZero Technologies 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 ParaZero Technologies position
In addition to having ParaZero Technologies 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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To fully project ParaZero Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ParaZero Technologies 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 ParaZero Technologies' income statement, its balance sheet, and the statement of cash flows.