Solar Integrated Price To Book vs. Current Ratio
| SIRC Stock | USD 0.0001 0.00 0.00% |
For Solar Integrated profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Solar Integrated to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Solar Integrated Roofing utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Solar Integrated's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Solar Integrated Roofing over time as well as its relative position and ranking within its peers.
Solar |
Solar Integrated Roofing Current Ratio vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Solar Integrated's current stock value. Our valuation model uses many indicators to compare Solar Integrated value to that of its competitors to determine the firm's financial worth. Solar Integrated Roofing is rated below average in price to book category among its peers. It is currently regarded as top stock in current ratio category among its peers fabricating about 12.17 of Current Ratio per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Solar Integrated by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Solar Integrated's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Solar Current Ratio vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Solar Integrated |
| = | 0.11 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Solar Integrated |
| = | 1.33 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Solar Current Ratio Comparison
Solar Integrated is currently under evaluation in current ratio category among its peers.
Solar Integrated Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Solar Integrated, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Solar Integrated will eventually generate negative long term returns. The profitability progress is the general direction of Solar Integrated's change in net profit over the period of time. It can combine multiple indicators of Solar Integrated, 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.
Solar Integrated Roofing Corp. provides integrated, single-source solar power and roofing systems installation services for commercial and residential properties in the United States. Solar Integrated Roofing Corp. was incorporated in 2007 and is based in Henderson, Nevada. Solar Integrated operates under Solar classification in the United States and is traded on OTC Exchange. It employs 214 people.
Solar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Solar Integrated. 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 Solar Integrated 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 Solar Integrated's important profitability drivers and their relationship over time.
Use Solar Integrated 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 Solar Integrated 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 Solar Integrated will appreciate offsetting losses from the drop in the long position's value.Solar Integrated Pair Trading
Solar Integrated Roofing Pair Trading Analysis
The ability to find closely correlated positions to Solar Integrated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solar Integrated 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 Solar Integrated - 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 Solar Integrated Roofing to buy it.
The correlation of Solar Integrated 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 Solar Integrated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solar Integrated Roofing 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 Solar Integrated 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 Solar Integrated position
In addition to having Solar Integrated 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 Market Neutral Funds Thematic Idea Now
Market Neutral Funds
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 37 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 Market Neutral Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Solar Pink Sheet
To fully project Solar Integrated's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Solar Integrated Roofing 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 Solar Integrated's income statement, its balance sheet, and the statement of cash flows.