Spirit Telecom Revenue vs. Return On Equity
| ST1 Stock | 0.06 0.01 12.73% |
Total Revenue | First Reported 1998-12-31 | Previous Quarter 57 M | Current Value 68.8 M | Quarterly Volatility 17.4 M |
For Spirit Telecom profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Spirit Telecom to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Spirit Telecom utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Spirit Telecom's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Spirit Telecom over time as well as its relative position and ranking within its peers.
Spirit |
Spirit Telecom Return On Equity vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Spirit Telecom's current stock value. Our valuation model uses many indicators to compare Spirit Telecom value to that of its competitors to determine the firm's financial worth. Spirit Telecom is currently regarded number one company in revenue category among its peers. It also is currently regarded as top stock in return on equity category among its peers . At this time, Spirit Telecom's Total Revenue is comparatively 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 Spirit Telecom's earnings, one of the primary drivers of an investment's value.Spirit Revenue vs. Competition
Spirit Telecom is currently regarded number one company in revenue category among its peers. Market size based on revenue of Communication Services industry is at this time estimated at about 889.88 Million. Spirit Telecom retains roughly 125.85 Million in revenue claiming about 14% of stocks in Communication Services industry.
Spirit Return On Equity 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.
Spirit Telecom |
| = | 125.85 M |
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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Spirit Telecom |
| = | -0.17 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Spirit Return On Equity Comparison
Spirit Telecom is currently under evaluation in return on equity category among its peers.
Spirit Telecom Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Spirit Telecom, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Spirit Telecom will eventually generate negative long term returns. The profitability progress is the general direction of Spirit Telecom's change in net profit over the period of time. It can combine multiple indicators of Spirit Telecom, 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 | ||
| Accumulated Other Comprehensive Income | 568 K | 811.2 K | |
| Operating Income | 341 K | 358.1 K | |
| Income Before Tax | -13.4 M | -12.8 M | |
| Total Other Income Expense Net | -13.8 M | -13.1 M | |
| Net Loss | -10.5 M | -10 M | |
| Income Tax Expense | -2.9 M | -2.7 M | |
| Net Loss | -10.3 M | -9.7 M | |
| Net Loss | -10.5 M | -10 M | |
| Interest Income | 72 K | 68.4 K | |
| Net Interest Income | -2.9 M | -2.7 M | |
| Change To Netincome | 10.1 M | 6.4 M |
Spirit Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Spirit Telecom. 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 Spirit Telecom 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 Spirit Telecom's important profitability drivers and their relationship over time.
Use Spirit Telecom 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 Spirit Telecom 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 Spirit Telecom will appreciate offsetting losses from the drop in the long position's value.Spirit Telecom Pair Trading
Spirit Telecom Pair Trading Analysis
The ability to find closely correlated positions to Spirit Telecom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spirit Telecom 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 Spirit Telecom - 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 Spirit Telecom to buy it.
The correlation of Spirit Telecom 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 Spirit Telecom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spirit Telecom 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 Spirit Telecom 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 Spirit Telecom position
In addition to having Spirit Telecom 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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Dynamically computed list of top equities currently sorted across major exchanges. The Latest Losers theme has 217 constituents at this time.
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Additional Tools for Spirit Stock Analysis
When running Spirit Telecom's price analysis, check to measure Spirit Telecom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spirit Telecom is operating at the current time. Most of Spirit Telecom's value examination focuses on studying past and present price action to predict the probability of Spirit Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirit Telecom's price. Additionally, you may evaluate how the addition of Spirit Telecom to your portfolios can decrease your overall portfolio volatility.