XXL Energy EBITDA vs. Cash And Equivalents
| XLEFF Stock | USD 0 0.00 0.00% |
For XXL Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of XXL Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well XXL Energy Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between XXL Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of XXL Energy Corp over time as well as its relative position and ranking within its peers.
XXL |
XXL Energy Corp Cash And Equivalents vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining XXL Energy's current stock value. Our valuation model uses many indicators to compare XXL Energy value to that of its competitors to determine the firm's financial worth. XXL Energy Corp is rated below average in ebitda category among its peers. It also is rated below average in cash and equivalents category among its peers creating about 0.93 of Cash And Equivalents per EBITDA. The ratio of EBITDA to Cash And Equivalents for XXL Energy Corp is roughly 1.08 . 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 XXL Energy's earnings, one of the primary drivers of an investment's value.XXL 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.
XXL Energy |
| = | 1.29 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.
XXL Energy |
| = | 1.2 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).
XXL Cash And Equivalents Comparison
XXL Energy is currently under evaluation in cash and equivalents category among its peers.
XXL Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in XXL Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, XXL Energy will eventually generate negative long term returns. The profitability progress is the general direction of XXL Energy's change in net profit over the period of time. It can combine multiple indicators of XXL Energy, 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.
XXL Energy Corp., a petroleum and natural gas company, acquires, explores, and develops petroleum and natural gas properties in the United States. The company was incorporated in 1987 and is headquartered in Vancouver, Canada. Xxl Energy is traded on OTC Exchange in the United States.
XXL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on XXL Energy. 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 XXL Energy 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 XXL Energy's important profitability drivers and their relationship over time.
Use XXL Energy 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 XXL Energy 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 XXL Energy will appreciate offsetting losses from the drop in the long position's value.XXL Energy Pair Trading
XXL Energy Corp Pair Trading Analysis
The ability to find closely correlated positions to XXL Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace XXL Energy 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 XXL Energy - 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 XXL Energy Corp to buy it.
The correlation of XXL Energy 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 XXL Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XXL Energy Corp 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 XXL Energy 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 XXL Energy position
In addition to having XXL Energy 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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Large corporations operating in retail, broadcasting, energy, airlines and telecom sectors. The Impulse theme has 49 constituents at this time.
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Other Information on Investing in XXL Pink Sheet
To fully project XXL Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of XXL Energy Corp 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 XXL Energy's income statement, its balance sheet, and the statement of cash flows.