Strattec Security EBITDA vs. Cash And Equivalents
| STRT Stock | USD 41.25 0.30 0.72% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 37.6 M | Current Value 28.3 M | Quarterly Volatility 11.2 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.2 | 0.1217 |
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For Strattec Security profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Strattec Security to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Strattec Security utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Strattec Security's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Strattec Security over time as well as its relative position and ranking within its peers.
Strattec |
Strattec Security's Revenue Breakdown by Earning Segment
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Is Automotive Parts & Equipment 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 Strattec Security. If investors know Strattec 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 Strattec Security 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 (0.12) | Earnings Share 3.94 | Revenue Per Share 135.718 | Quarterly Revenue Growth 0.027 | Return On Assets 0.0307 |
The market value of Strattec Security is measured differently than its book value, which is the value of Strattec that is recorded on the company's balance sheet. Investors also form their own opinion of Strattec Security's value that differs from its market value or its book value, called intrinsic value, which is Strattec Security'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 Strattec Security's market value can be influenced by many factors that don't directly affect Strattec Security'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 Strattec Security's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strattec Security is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strattec Security'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.
Strattec Security Cash And Equivalents vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Strattec Security's current stock value. Our valuation model uses many indicators to compare Strattec Security value to that of its competitors to determine the firm's financial worth. Strattec Security is rated below average in ebitda category among its peers. It is rated below average in cash and equivalents category among its peers creating about 0.23 of Cash And Equivalents per EBITDA. The ratio of EBITDA to Cash And Equivalents for Strattec Security is roughly 4.29 . At this time, Strattec Security's EBITDA is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Strattec Security 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.Strattec Cash And Equivalents vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Strattec Security |
| = | 37.65 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Strattec Security |
| = | 8.77 M |
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).
Strattec Cash And Equivalents Comparison
Strattec Security is currently under evaluation in cash and equivalents category among its peers.
Strattec Security Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Strattec Security, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Strattec Security will eventually generate negative long term returns. The profitability progress is the general direction of Strattec Security's change in net profit over the period of time. It can combine multiple indicators of Strattec Security, 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 | -15.7 M | -16.5 M | |
| Operating Income | 17.8 M | 12.2 M | |
| Income Before Tax | 20.2 M | 12.1 M | |
| Total Other Income Expense Net | 2.4 M | 2.5 M | |
| Net Income | 16.4 M | 8.4 M | |
| Income Tax Expense | 3.8 M | 3.7 M | |
| Net Loss | -6 M | -5.7 M | |
| Net Income From Continuing Ops | 16.4 M | 17.2 M | |
| Non Operating Income Net Other | 1.6 M | 1.8 M | |
| Net Interest Income | -900 K | -945 K | |
| Change To Netincome | -3.1 M | -2.9 M | |
| Net Income Per Share | 4.10 | 2.55 | |
| Income Quality | 0.75 | 1.02 | |
| Net Income Per E B T | 0.81 | 0.51 |
Strattec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Strattec Security. 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 Strattec Security 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 Strattec Security's important profitability drivers and their relationship over time.
Use Strattec Security 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 Strattec Security 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 Strattec Security will appreciate offsetting losses from the drop in the long position's value.Strattec Security Pair Trading
Strattec Security Pair Trading Analysis
The ability to find closely correlated positions to Strattec Security could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Strattec Security 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 Strattec Security - 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 Strattec Security to buy it.
The correlation of Strattec Security 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 Strattec Security moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strattec Security 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 Strattec Security 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 Strattec Security position
In addition to having Strattec Security 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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Additional Tools for Strattec Stock Analysis
When running Strattec Security's price analysis, check to measure Strattec Security'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 Strattec Security is operating at the current time. Most of Strattec Security's value examination focuses on studying past and present price action to predict the probability of Strattec Security's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strattec Security's price. Additionally, you may evaluate how the addition of Strattec Security to your portfolios can decrease your overall portfolio volatility.