SharkNinja, Shares Outstanding vs. Return On Asset

SN Stock  USD 99.27  3.44  3.35%   
Based on the key profitability measurements obtained from SharkNinja,'s financial statements, SharkNinja, is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in December. Profitability indicators assess SharkNinja,'s ability to earn profits and add value for shareholders. At this time, SharkNinja,'s Price To Sales Ratio is very stable compared to the past year. As of the 27th of November 2024, Days Sales Outstanding is likely to grow to 94.95, while Sales General And Administrative To Revenue is likely to drop 0.05. At this time, SharkNinja,'s Income Quality is very stable compared to the past year. As of the 27th of November 2024, Net Income Per E B T is likely to grow to 0.75, though Accumulated Other Comprehensive Income is likely to grow to (978.5 K).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.460.4485
Fairly Up
Slightly volatile
Net Profit Margin0.03730.0393
Notably Down
Slightly volatile
Operating Profit Margin0.130.0878
Way Up
Slightly volatile
Pretax Profit Margin0.110.0689
Way Up
Slightly volatile
Return On Assets0.07350.0479
Way Up
Slightly volatile
Return On Equity0.140.113
Fairly Up
Slightly volatile
For SharkNinja, profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SharkNinja, to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SharkNinja, utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SharkNinja,'s most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SharkNinja, over time as well as its relative position and ranking within its peers.
  
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To learn how to invest in SharkNinja, Stock, please use our How to Invest in SharkNinja, guide.
Is Household Appliances 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 SharkNinja,. If investors know SharkNinja, 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 SharkNinja, 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
6.231
Earnings Share
2.55
Revenue Per Share
36.67
Quarterly Revenue Growth
0.332
Return On Assets
0.0865
The market value of SharkNinja, is measured differently than its book value, which is the value of SharkNinja, that is recorded on the company's balance sheet. Investors also form their own opinion of SharkNinja,'s value that differs from its market value or its book value, called intrinsic value, which is SharkNinja,'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 SharkNinja,'s market value can be influenced by many factors that don't directly affect SharkNinja,'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 SharkNinja,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if SharkNinja, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SharkNinja,'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.

SharkNinja, Return On Asset vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining SharkNinja,'s current stock value. Our valuation model uses many indicators to compare SharkNinja, value to that of its competitors to determine the firm's financial worth.
SharkNinja, is currently regarded as top stock in shares outstanding category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for SharkNinja, is about  1,621,040,462 . As of the 27th of November 2024, Return On Assets is likely to grow to 0.07. 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 SharkNinja,'s earnings, one of the primary drivers of an investment's value.

SharkNinja, Return On Asset vs. Shares Outstanding

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.

SharkNinja,

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
140.22 M
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.
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.

SharkNinja,

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0865
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.

SharkNinja, Return On Asset Comparison

SharkNinja, is currently under evaluation in return on asset category among its peers.

SharkNinja, Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in SharkNinja,, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SharkNinja, will eventually generate negative long term returns. The profitability progress is the general direction of SharkNinja,'s change in net profit over the period of time. It can combine multiple indicators of SharkNinja,, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-1 M-978.5 K
Income Before Tax293.2 M307.9 M
Net Income Applicable To Common Shares267.2 M280.6 M
Net Income167.1 M175.4 M
Operating Income373.6 M236.5 M
Total Other Income Expense Net-80.3 M-84.4 M
Income Tax Expense126.2 M132.5 M
Net Income From Continuing Ops109.6 M115.1 M
Net Interest Income-44.9 M-47.2 M
Change To Netincome11.8 M11.3 M
Net Income Per Share 1.20  1.98 
Income Quality 1.68  1.76 
Net Income Per E B T 0.57  0.75 

SharkNinja, Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on SharkNinja,. 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 SharkNinja, 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 SharkNinja,'s important profitability drivers and their relationship over time.

Use SharkNinja, 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 SharkNinja, 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 SharkNinja, will appreciate offsetting losses from the drop in the long position's value.

SharkNinja, Pair Trading

SharkNinja, Pair Trading Analysis

The ability to find closely correlated positions to SharkNinja, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SharkNinja, 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 SharkNinja, - 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 SharkNinja, to buy it.
The correlation of SharkNinja, 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 SharkNinja, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SharkNinja, 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 SharkNinja, 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your SharkNinja, position

In addition to having SharkNinja, 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
Cigarettes Theme
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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To learn how to invest in SharkNinja, Stock, please use our How to Invest in SharkNinja, guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project SharkNinja,'s future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SharkNinja, 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 SharkNinja,'s income statement, its balance sheet, and the statement of cash flows.
Potential SharkNinja, investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although SharkNinja, investors may work on each financial statement separately, they are all related. The changes in SharkNinja,'s assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SharkNinja,'s income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.