Sirius XM Revenue vs. Cash And Equivalents
| SRXM34 Stock | BRL 17.75 0.00 0.00% |
For Sirius XM profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sirius XM to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sirius XM Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sirius XM's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sirius XM Holdings over time as well as its relative position and ranking within its peers.
Sirius |
Sirius XM Holdings Cash And Equivalents vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sirius XM's current stock value. Our valuation model uses many indicators to compare Sirius XM value to that of its competitors to determine the firm's financial worth. Sirius XM Holdings is currently regarded number one company in revenue category among its peers. It also is currently regarded as top stock in cash and equivalents category among its peers creating about 0.13 of Cash And Equivalents per Revenue. The ratio of Revenue to Cash And Equivalents for Sirius XM Holdings is roughly 7.53 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sirius XM by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sirius XM's Stock. 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.Sirius Revenue vs. Competition
Sirius XM Holdings is currently regarded number one company in revenue category among its peers. Market size based on revenue of Broadcasting industry is at this time estimated at about 97.56 Billion. Sirius XM holds roughly 8.43 Billion in revenue claiming about 9% of stocks in Broadcasting industry.
Sirius Cash And Equivalents vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Sirius XM |
| = | 8.43 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Sirius XM |
| = | 1.12 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Sirius Cash And Equivalents Comparison
Sirius XM is currently under evaluation in cash and equivalents category among its peers.
Sirius XM Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sirius XM, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sirius XM will eventually generate negative long term returns. The profitability progress is the general direction of Sirius XM's change in net profit over the period of time. It can combine multiple indicators of Sirius XM, 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.
Sirius XM Holdings Inc. provides satellite radio services on a subscription fee basis in the United States. Sirius XM Holdings Inc. is a subsidiary of Liberty Media Corporation. SIRIUS XM operates under Broadcasting classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 5726 people.
Sirius Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sirius XM. 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 Sirius XM 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 Sirius XM's important profitability drivers and their relationship over time.
Use Sirius XM 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 Sirius XM 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 Sirius XM will appreciate offsetting losses from the drop in the long position's value.Sirius XM Pair Trading
Sirius XM Holdings Pair Trading Analysis
The ability to find closely correlated positions to Sirius XM could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sirius XM 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 Sirius XM - 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 Sirius XM Holdings to buy it.
The correlation of Sirius XM 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 Sirius XM moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sirius XM Holdings 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 Sirius XM 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 Sirius XM position
In addition to having Sirius XM 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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Other Information on Investing in Sirius Stock
To fully project Sirius XM's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sirius XM Holdings 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 Sirius XM's income statement, its balance sheet, and the statement of cash flows.