South32 Net Income vs. Shares Outstanding
| S32 Stock | 3.68 0.08 2.22% |
Net Loss | First Reported 2011-12-31 | Previous Quarter -858 M | Current Value 53 M | Quarterly Volatility 539.9 M |
For South32 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of South32 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well South32 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between South32's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of South32 over time as well as its relative position and ranking within its peers.
South32 |
South32 Shares Outstanding vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining South32's current stock value. Our valuation model uses many indicators to compare South32 value to that of its competitors to determine the firm's financial worth. South32 is rated fourth in net income category among its peers. It is currently regarded as top stock in shares outstanding category among its peers . At this time, South32's Net Loss is comparatively stable compared to the past year. 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 South32's earnings, one of the primary drivers of an investment's value.South32 Shares Outstanding vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
South32 |
| = | (118 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
South32 |
| = | 4.5 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
South32 Shares Outstanding Comparison
South32 is currently under evaluation in shares outstanding category among its peers.
South32 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in South32, profitability is also one of the essential criteria for including it into their portfolios because, without profit, South32 will eventually generate negative long term returns. The profitability progress is the general direction of South32's change in net profit over the period of time. It can combine multiple indicators of South32, 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 | -3.6 B | -3.8 B | |
| Operating Income | -735 M | -698.2 M | |
| Income Before Tax | -746 M | -708.7 M | |
| Total Other Income Expense Net | -11 M | -11.6 M | |
| Net Loss | -118 M | -112.1 M | |
| Income Tax Expense | -106 M | -100.7 M | |
| Net Loss | -640 M | -608 M | |
| Net Loss | -198.9 M | -189 M | |
| Interest Income | 222 M | 233.1 M | |
| Net Interest Income | -19 M | -19.9 M | |
| Change To Netincome | 630.9 M | 499.4 M |
South32 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on South32. 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 South32 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 South32's important profitability drivers and their relationship over time.
Use South32 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 South32 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 South32 will appreciate offsetting losses from the drop in the long position's value.South32 Pair Trading
South32 Pair Trading Analysis
The ability to find closely correlated positions to South32 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace South32 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 South32 - 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 South32 to buy it.
The correlation of South32 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 South32 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if South32 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 South32 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 South32 position
In addition to having South32 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 Cigarettes Thematic Idea Now
Cigarettes
Tobacco makers and distributors across globe. The Cigarettes theme has 39 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 Cigarettes Theme or any other thematic opportunities.
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Additional Tools for South32 Stock Analysis
When running South32's price analysis, check to measure South32'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 South32 is operating at the current time. Most of South32's value examination focuses on studying past and present price action to predict the probability of South32's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move South32's price. Additionally, you may evaluate how the addition of South32 to your portfolios can decrease your overall portfolio volatility.