RIT Technologies Return On Asset vs. Total Debt
RITTDelisted Stock | USD 0.0001 0.00 0.00% |
For RIT Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of RIT Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well RIT Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between RIT Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of RIT Technologies over time as well as its relative position and ranking within its peers.
RIT |
RIT Technologies Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining RIT Technologies's current stock value. Our valuation model uses many indicators to compare RIT Technologies value to that of its competitors to determine the firm's financial worth. RIT Technologies is rated second in return on asset category among its peers. It is rated third 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 RIT Technologies' earnings, one of the primary drivers of an investment's value.RIT 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.
RIT Technologies |
| = | -0.16 |
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.
RIT Technologies |
| = | 1000 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.
RIT Total Debt vs Competition
RIT Technologies is rated third in total debt category among its peers. Total debt of Information Technology industry is at this time estimated at about 66.99 Million. RIT Technologies claims roughly 1,000,000 in total debt contributing just under 2% to equities under Information Technology industry.
RIT Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in RIT Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, RIT Technologies will eventually generate negative long term returns. The profitability progress is the general direction of RIT Technologies' change in net profit over the period of time. It can combine multiple indicators of RIT 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.
RiT Technologies Ltd. provides intelligent infrastructure management and indoor optical wireless technology solutions worldwide. RiT Technologies Ltd. operates as a subsidiary of Stins Coman Incorporated. Rit Technologies operates under Communication Equipment classification in the United States and is traded on OTC Exchange. It employs 66 people.
RIT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on RIT 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 RIT 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 RIT Technologies' important profitability drivers and their relationship over time.
Use RIT 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 RIT 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 RIT Technologies will appreciate offsetting losses from the drop in the long position's value.RIT Technologies Pair Trading
RIT Technologies Pair Trading Analysis
The ability to find closely correlated positions to RIT 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 RIT 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 RIT 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 RIT Technologies to buy it.
The correlation of RIT 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 RIT Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RIT 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 RIT 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 RIT Technologies position
In addition to having RIT 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?
Run Large Value Funds Thematic Idea Now
Large Value Funds
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value Funds theme has 43 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 Large Value Funds Theme or any other thematic opportunities.
View All Next | Launch |
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Other Consideration for investing in RIT Pink Sheet
If you are still planning to invest in RIT Technologies 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 RIT Technologies' history and understand the potential risks before investing.
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |