Saratoga Investment Return On Equity vs. Cash And Equivalents
| SAR Stock | USD 25.69 0.16 0.63% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.02413086 | Current Value 0.0229 | Quarterly Volatility 0.31600754 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Return On Equity | 0.0229 | 0.0241 |
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For Saratoga Investment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Saratoga Investment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Saratoga Investment Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Saratoga Investment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Saratoga Investment Corp over time as well as its relative position and ranking within its peers.
Saratoga |
Is Asset Management & Custody Banks 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 Saratoga Investment. If investors know Saratoga 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 Saratoga Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.494 | Dividend Share 2.93 | Earnings Share 1.52 | Revenue Per Share 11.485 | Quarterly Revenue Growth 0.211 |
The market value of Saratoga Investment Corp is measured differently than its book value, which is the value of Saratoga that is recorded on the company's balance sheet. Investors also form their own opinion of Saratoga Investment's value that differs from its market value or its book value, called intrinsic value, which is Saratoga Investment's 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 Saratoga Investment's market value can be influenced by many factors that don't directly affect Saratoga Investment's 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 Saratoga Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saratoga Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saratoga Investment's 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.
Saratoga Investment Corp Cash And Equivalents vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Saratoga Investment's current stock value. Our valuation model uses many indicators to compare Saratoga Investment value to that of its competitors to determine the firm's financial worth. Saratoga Investment Corp is rated below average in return on equity category among its peers. It is rated second in cash and equivalents category among its peers creating about 1,665,100,000 of Cash And Equivalents per Return On Equity. At this time, Saratoga Investment's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Saratoga Investment by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Saratoga Cash And Equivalents vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Saratoga Investment |
| = | 0.0577 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Saratoga Investment |
| = | 96.08 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Saratoga Cash And Equivalents Comparison
Saratoga Investment is currently under evaluation in cash and equivalents category among its peers.
Saratoga Investment Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Saratoga Investment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Saratoga Investment will eventually generate negative long term returns. The profitability progress is the general direction of Saratoga Investment's change in net profit over the period of time. It can combine multiple indicators of Saratoga Investment, 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 | ||
| Operating Income | 59.2 M | 62.1 M | |
| Income Before Tax | 9.9 M | 16.2 M | |
| Net Income | 8.9 M | 14.4 M | |
| Total Other Income Expense Net | -49.3 M | -46.8 M | |
| Income Tax Expense | 2.8 M | 2.9 M | |
| Net Income Applicable To Common Shares | 8.9 M | 8.5 M | |
| Net Income From Continuing Ops | 8.9 M | 8.5 M | |
| Interest Income | 130.3 M | 136.8 M | |
| Net Interest Income | 81.1 M | 43.8 M | |
| Change To Netincome | -81.4 M | -85.5 M | |
| Net Income Per Share | 0.71 | 0.74 | |
| Income Quality | (17.60) | (16.72) | |
| Net Income Per E B T | 0.76 | 0.58 |
Saratoga Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Saratoga Investment. 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 Saratoga Investment 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 Saratoga Investment's important profitability drivers and their relationship over time.
Use Saratoga Investment 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 Saratoga Investment 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 Saratoga Investment will appreciate offsetting losses from the drop in the long position's value.Saratoga Investment Pair Trading
Saratoga Investment Corp Pair Trading Analysis
The ability to find closely correlated positions to Saratoga Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saratoga Investment 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 Saratoga Investment - 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 Saratoga Investment Corp to buy it.
The correlation of Saratoga Investment 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 Saratoga Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saratoga Investment Corp 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 Saratoga Investment 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 Saratoga Investment position
In addition to having Saratoga Investment 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 Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads 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 Railroads Theme or any other thematic opportunities.
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Additional Tools for Saratoga Stock Analysis
When running Saratoga Investment's price analysis, check to measure Saratoga Investment'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 Saratoga Investment is operating at the current time. Most of Saratoga Investment's value examination focuses on studying past and present price action to predict the probability of Saratoga Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saratoga Investment's price. Additionally, you may evaluate how the addition of Saratoga Investment to your portfolios can decrease your overall portfolio volatility.