SNRE Cash Flow From Operations vs. Working Capital
| SNRE Stock | 48.51 2.61 5.69% |
For SNRE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SNRE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SNRE utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SNRE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SNRE over time as well as its relative position and ranking within its peers.
SNRE |
Is Communication 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 SNRE. If investors know SNRE 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 SNRE 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 SNRE is measured differently than its book value, which is the value of SNRE that is recorded on the company's balance sheet. Investors also form their own opinion of SNRE's value that differs from its market value or its book value, called intrinsic value, which is SNRE'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 SNRE's market value can be influenced by many factors that don't directly affect SNRE'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 SNRE's value and its price as these two are different measures arrived at by different means. Investors typically determine if SNRE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SNRE'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.
SNRE Working Capital vs. Cash Flow From Operations Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SNRE's current stock value. Our valuation model uses many indicators to compare SNRE value to that of its competitors to determine the firm's financial worth. SNRE is currently regarded as top stock in cash flow from operations category among its peers. It also is currently regarded as top stock in working capital category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value SNRE 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.SNRE Working Capital vs. Cash Flow From Operations
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
SNRE |
| = | (2.06 M) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
SNRE |
| = | (15.33 M) |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
SNRE Working Capital Comparison
SNRE is currently under evaluation in working capital category among its peers.
SNRE Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SNRE, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SNRE will eventually generate negative long term returns. The profitability progress is the general direction of SNRE's change in net profit over the period of time. It can combine multiple indicators of SNRE, 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.
Sable Natural Resources Corporationration, an independent oil and gas company, acquires, develops, and produces oil and natural gas reserves from wells in carbonate reservoirs.
SNRE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SNRE. 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 SNRE 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 SNRE's important profitability drivers and their relationship over time.
Use SNRE 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 SNRE 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 SNRE will appreciate offsetting losses from the drop in the long position's value.SNRE Pair Trading
SNRE Pair Trading Analysis
The ability to find closely correlated positions to SNRE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SNRE 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 SNRE - 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 SNRE to buy it.
The correlation of SNRE 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 SNRE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SNRE 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 SNRE 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 SNRE position
In addition to having SNRE 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 Tech Growth Thematic Idea Now
Tech Growth
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 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 Tech Growth Theme or any other thematic opportunities.
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Check out World Market Map. For information on how to trade SNRE Stock refer to our How to Trade SNRE Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
To fully project SNRE's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SNRE 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 SNRE's income statement, its balance sheet, and the statement of cash flows.