Pet Acquisition Shares Outstanding vs. Return On Asset

WOOF Stock  USD 4.23  0.06  1.44%   
Considering Pet Acquisition's profitability and operating efficiency indicators, Pet Acquisition LLC is performing exceptionally good at the moment. It has a great risk to showcase excellent profitability results in December. Profitability indicators assess Pet Acquisition's ability to earn profits and add value for shareholders. The Pet Acquisition's current Price To Sales Ratio is estimated to increase to 0.95. The Pet Acquisition's current Days Sales Outstanding is estimated to increase to 12.41. At this time, Pet Acquisition's Net Income Applicable To Common Shares is most likely to increase significantly in the upcoming years. The Pet Acquisition's current Net Income Per Share is estimated to increase to 2.69, while Income Before Tax is forecasted to increase to (1.3 B).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.240.3763
Way Down
Slightly volatile
For Pet Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pet Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pet Acquisition LLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pet Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pet Acquisition LLC over time as well as its relative position and ranking within its peers.
  

Pet Acquisition's Revenue Breakdown by Earning Segment

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Is Other Specialty Retail 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 Pet Acquisition. If investors know Pet 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 Pet Acquisition 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
0.094
Earnings Share
(4.98)
Revenue Per Share
23.056
Quarterly Revenue Growth
(0.01)
Return On Assets
(0)
The market value of Pet Acquisition LLC is measured differently than its book value, which is the value of Pet that is recorded on the company's balance sheet. Investors also form their own opinion of Pet Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Pet Acquisition'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 Pet Acquisition's market value can be influenced by many factors that don't directly affect Pet Acquisition'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 Pet Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pet Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pet Acquisition'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.

Pet Acquisition LLC Return On Asset vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Pet Acquisition's current stock value. Our valuation model uses many indicators to compare Pet Acquisition value to that of its competitors to determine the firm's financial worth.
Pet Acquisition LLC is rated first in shares outstanding category among its peers. It is rated below average in return on asset category among its peers . The Pet Acquisition's current Return On Assets is estimated to increase to 0.06. Comparative valuation analysis is a catch-all technique that is used if you cannot value Pet Acquisition 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.

Pet 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.

Pet Acquisition

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
236.57 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.

Pet Acquisition

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0022
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.

Pet Return On Asset Comparison

Pet Acquisition is currently under evaluation in return on asset category among its peers.

Pet Acquisition Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Pet Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pet Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Pet Acquisition's change in net profit over the period of time. It can combine multiple indicators of Pet Acquisition, 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 Income1.8 M1.9 M
Operating Income-1.2 B-1.1 B
Income Before Tax-1.3 B-1.3 B
Total Other Income Expense Net-143.7 M-136.5 M
Net Loss-1.3 B-1.2 B
Income Tax Expense-27.6 M-26.2 M
Net Interest Income-147.5 M-154.9 M
Interest Income3.4 M3.6 M
Net Loss-1.3 B-1.2 B
Net Income Applicable To Common Shares104.4 M109.6 M
Non Operating Income Net Other1.2 M1.1 M
Change To Netincome44 M41.8 M
Net Income Per Share(4.78) 2.69 
Income Quality(0.17) 1.86 
Net Income Per E B T 0.97  0.62 

Pet Profitability Driver Comparison

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

Use Pet Acquisition 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 Pet Acquisition 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 Pet Acquisition will appreciate offsetting losses from the drop in the long position's value.

Pet Acquisition Pair Trading

Pet Acquisition LLC Pair Trading Analysis

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

In addition to having Pet Acquisition 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 Petroleum and Natural Gas Thematic Idea Now

Petroleum and Natural Gas
Petroleum and Natural Gas Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Petroleum and Natural Gas theme has 61 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 Petroleum and Natural Gas Theme or any other thematic opportunities.
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When determining whether Pet Acquisition LLC is a strong investment it is important to analyze Pet Acquisition's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pet Acquisition's future performance. For an informed investment choice regarding Pet Stock, refer to the following important reports:
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You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
To fully project Pet Acquisition's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pet Acquisition LLC 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 Pet Acquisition's income statement, its balance sheet, and the statement of cash flows.
Potential Pet Acquisition investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Pet Acquisition investors may work on each financial statement separately, they are all related. The changes in Pet Acquisition's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pet Acquisition'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.