Zinc8 Energy Return On Asset vs. Total Debt
| ZAIRF Stock | USD 0.03 0 4.85% |
For Zinc8 Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zinc8 Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zinc8 Energy Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zinc8 Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zinc8 Energy Solutions over time as well as its relative position and ranking within its peers.
Zinc8 |
Zinc8 Energy Solutions Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Zinc8 Energy's current stock value. Our valuation model uses many indicators to compare Zinc8 Energy value to that of its competitors to determine the firm's financial worth. Zinc8 Energy Solutions is rated first in return on asset category among its peers. It is rated first in total debt category among its peers . 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 Zinc8 Energy's earnings, one of the primary drivers of an investment's value.Zinc8 Total Debt vs. Return On Asset
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.
Zinc8 Energy |
| = | -0.48 |
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.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Zinc8 Energy |
| = | 1.24 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Zinc8 Total Debt vs Competition
Zinc8 Energy Solutions is rated first in total debt category among its peers. Total debt of Electrical Equipment & Parts industry is at this time estimated at about 2.34 Billion. Zinc8 Energy adds roughly 1.24 Million in total debt claiming only tiny portion of equities under Electrical Equipment & Parts industry.
Zinc8 Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Zinc8 Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zinc8 Energy will eventually generate negative long term returns. The profitability progress is the general direction of Zinc8 Energy's change in net profit over the period of time. It can combine multiple indicators of Zinc8 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.
Zinc8 Energy Solutions Inc. develops and commercializes zinc-air flow batteries. Zinc8 Energy Solutions Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada. Zinc8 Energy is traded on OTC Exchange in the United States.
Zinc8 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Zinc8 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 Zinc8 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 Zinc8 Energy's important profitability drivers and their relationship over time.
Use Zinc8 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 Zinc8 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 Zinc8 Energy will appreciate offsetting losses from the drop in the long position's value.Zinc8 Energy Pair Trading
Zinc8 Energy Solutions Pair Trading Analysis
The ability to find closely correlated positions to Zinc8 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 Zinc8 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 Zinc8 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 Zinc8 Energy Solutions to buy it.
The correlation of Zinc8 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 Zinc8 Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zinc8 Energy Solutions 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 Zinc8 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 Zinc8 Energy position
In addition to having Zinc8 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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Other Information on Investing in Zinc8 Pink Sheet
To fully project Zinc8 Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zinc8 Energy Solutions 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 Zinc8 Energy's income statement, its balance sheet, and the statement of cash flows.