Red Hill Return On Asset vs. Total Debt
| RHI Stock | 4.40 0.02 0.46% |
For Red Hill profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Red Hill to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Red Hill Iron utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Red Hill's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Red Hill Iron over time as well as its relative position and ranking within its peers.
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Red Hill Iron Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Red Hill's current stock value. Our valuation model uses many indicators to compare Red Hill value to that of its competitors to determine the firm's financial worth. Red Hill Iron is rated below average in return on asset category among its peers. It is rated below average in total debt category among its peers . 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 Red Hill's earnings, one of the primary drivers of an investment's value.Red Total Debt 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.
Red Hill |
| = | -0.0195 |
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.
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.
Red Hill |
| = | 253.78 K |
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.
Red Total Debt vs Competition
Red Hill Iron is rated below average in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 3.02 Trillion. Red Hill adds roughly 253,781 in total debt claiming only tiny portion of all equities under Materials industry.
Red Hill Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Red Hill, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Red Hill will eventually generate negative long term returns. The profitability progress is the general direction of Red Hill's change in net profit over the period of time. It can combine multiple indicators of Red Hill, 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 | ||
| Accumulated Other Comprehensive Income | 1.2 M | 743.9 K | |
| Operating Income | -4.6 M | -4.4 M | |
| Income Before Tax | 195.4 M | 205.2 M | |
| Total Other Income Expense Net | 200 M | 210 M | |
| Net Income | 153.6 M | 161.2 M | |
| Income Tax Expense | 41.9 M | 44 M | |
| Net Income From Continuing Ops | 153.6 M | 161.2 M | |
| Net Loss | -2.6 M | -2.5 M | |
| Net Interest Income | 1.1 M | 1.1 M | |
| Interest Income | 1.1 M | 1.1 M | |
| Change To Netincome | 1.2 M | 1.2 M |
Red Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Red Hill. 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 Red Hill 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 Red Hill's important profitability drivers and their relationship over time.
Use Red Hill 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 Red Hill 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 Red Hill will appreciate offsetting losses from the drop in the long position's value.Red Hill Pair Trading
Red Hill Iron Pair Trading Analysis
The ability to find closely correlated positions to Red Hill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Red Hill 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 Red Hill - 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 Red Hill Iron to buy it.
The correlation of Red Hill 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 Red Hill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Red Hill Iron 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 Red Hill 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 Red Hill position
In addition to having Red Hill 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 Restaraunts Hotels Motels Thematic Idea Now
Restaraunts Hotels Motels
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Restaraunts Hotels Motels theme has 61 constituents at this time.
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Additional Tools for Red Stock Analysis
When running Red Hill's price analysis, check to measure Red Hill'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 Red Hill is operating at the current time. Most of Red Hill's value examination focuses on studying past and present price action to predict the probability of Red Hill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Hill's price. Additionally, you may evaluate how the addition of Red Hill to your portfolios can decrease your overall portfolio volatility.