Soleno Therapeutics Return On Asset vs. Debt To Equity
| SLNO Stock | USD 52.71 3.13 5.61% |
For Soleno Therapeutics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Soleno Therapeutics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Soleno Therapeutics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Soleno Therapeutics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Soleno Therapeutics over time as well as its relative position and ranking within its peers.
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Is Biotechnology 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 Soleno Therapeutics. If investors know Soleno 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 Soleno Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.79) | Return On Assets (0.48) | Return On Equity (0.91) |
The market value of Soleno Therapeutics is measured differently than its book value, which is the value of Soleno that is recorded on the company's balance sheet. Investors also form their own opinion of Soleno Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Soleno Therapeutics' 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 Soleno Therapeutics' market value can be influenced by many factors that don't directly affect Soleno Therapeutics' 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 Soleno Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Soleno Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Soleno Therapeutics' 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.
Soleno Therapeutics Debt To Equity vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Soleno Therapeutics's current stock value. Our valuation model uses many indicators to compare Soleno Therapeutics value to that of its competitors to determine the firm's financial worth. Soleno Therapeutics is rated below average in return on asset category among its peers. It is rated below average in debt to equity category among its peers . At this time, Soleno Therapeutics' Debt To Equity is very 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 Soleno Therapeutics' earnings, one of the primary drivers of an investment's value.Soleno Debt To Equity 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.
Soleno Therapeutics |
| = | -0.48 |
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.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Soleno Therapeutics |
| = | 0.02 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Soleno Debt To Equity Comparison
Soleno Therapeutics is currently under evaluation in debt to equity category among its peers.
Soleno Therapeutics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Soleno Therapeutics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Soleno Therapeutics will eventually generate negative long term returns. The profitability progress is the general direction of Soleno Therapeutics' change in net profit over the period of time. It can combine multiple indicators of Soleno Therapeutics, 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 | -41.4 M | -39.3 M | |
| Income Before Tax | -39 M | -37 M | |
| Total Other Income Expense Net | 2.4 M | 2.5 M | |
| Net Loss | -39 M | -37 M | |
| Income Tax Expense | 2.7 M | 2.8 M | |
| Net Loss | -33.2 M | -34.8 M | |
| Non Operating Income Net Other | 13.4 M | 14.1 M | |
| Net Loss | -21.7 M | -22.7 M | |
| Net Interest Income | 559 K | 587 K | |
| Interest Income | 559 K | 321.2 K | |
| Change To Netincome | 1.9 M | 1.2 M | |
| Net Loss | (2.36) | (2.48) | |
| Income Quality | 0.64 | 0.58 | |
| Net Income Per E B T | 0.97 | 1.08 |
Soleno Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Soleno Therapeutics. 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 Soleno Therapeutics 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 Soleno Therapeutics' important profitability drivers and their relationship over time.
Use Soleno Therapeutics 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 Soleno Therapeutics 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 Soleno Therapeutics will appreciate offsetting losses from the drop in the long position's value.Soleno Therapeutics Pair Trading
Soleno Therapeutics Pair Trading Analysis
The ability to find closely correlated positions to Soleno Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Soleno Therapeutics 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 Soleno Therapeutics - 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 Soleno Therapeutics to buy it.
The correlation of Soleno Therapeutics 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 Soleno Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Soleno Therapeutics 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 Soleno Therapeutics 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 Soleno Therapeutics position
In addition to having Soleno Therapeutics 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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Fund or Etfs that invest in markets of developing countries. The Emerging Markets Funds theme has 44 constituents at this time.
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To fully project Soleno Therapeutics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Soleno Therapeutics 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 Soleno Therapeutics' income statement, its balance sheet, and the statement of cash flows.