SBC Communications Profitability Analysis
| SBC Stock | 7.27 0.52 6.68% |
Net Income | First Reported 2010-12-31 | Previous Quarter 39.4 M | Current Value 25.1 M | Quarterly Volatility 9.5 M |
For SBC Communications profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SBC Communications to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SBC Communications utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SBC Communications's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SBC Communications over time as well as its relative position and ranking within its peers.
SBC |
Is Health Care Providers & Services 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 SBC Communications. If investors know SBC 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 SBC Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SBC Communications is measured differently than its book value, which is the value of SBC that is recorded on the company's balance sheet. Investors also form their own opinion of SBC Communications' value that differs from its market value or its book value, called intrinsic value, which is SBC Communications' 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 SBC Communications' market value can be influenced by many factors that don't directly affect SBC Communications' 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 SBC Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if SBC Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SBC Communications' 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.
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We are unable to locate SBC Communications indicator at this time.
If you believe the indicator you are trying to look up is valid, please let us know, and we will check it out. Check all delisted instruments across multiple markets.| Symbol | SBC |
| Name | SBC Communications |
| Type | Stock |
| Country | United States |
| Exchange | NASDAQ |
Indicator Description
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SBC Communications Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SBC Communications, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SBC Communications will eventually generate negative long term returns. The profitability progress is the general direction of SBC Communications' change in net profit over the period of time. It can combine multiple indicators of SBC Communications, 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 | 41.5 K | 39.4 K | |
| Interest Income | 86.7 K | 82.4 K | |
| Operating Income | 71.1 M | 50.8 M | |
| Net Income From Continuing Ops | 38.6 M | 24.3 M | |
| Income Before Tax | 73.6 M | 53.5 M | |
| Total Other Income Expense Net | 2.5 M | 2.4 M | |
| Net Income | 39.4 M | 25.1 M |
SBC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SBC Communications. 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 SBC Communications 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 SBC Communications' important profitability drivers and their relationship over time.
Use SBC Communications 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 SBC Communications 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 SBC Communications will appreciate offsetting losses from the drop in the long position's value.SBC Communications Pair Trading
SBC Communications Pair Trading Analysis
The ability to find closely correlated positions to SBC Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SBC Communications 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 SBC Communications - 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 SBC Communications to buy it.
The correlation of SBC Communications 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 SBC Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SBC Communications 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 SBC Communications 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 SBC Communications position
In addition to having SBC Communications 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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Large corporations operating in retail, broadcasting, energy, airlines and telecom sectors. The Impulse theme has 49 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 Impulse Theme or any other thematic opportunities.
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Check out World Market Map. For information on how to trade SBC Stock refer to our How to Trade SBC Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
To fully project SBC Communications' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SBC Communications 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 SBC Communications' income statement, its balance sheet, and the statement of cash flows.