The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The newest return on assets of TESSCO implies not a very effective usage of assets in May.
Annual and quarterly reports issued by TESSCO Technologies Incorporated are formal
financial statements that are published yearly and quarterly and sent to TESSCO stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as TESSCO Technologies often view their annual report as an effective marketing tool to disseminate their perspective on company future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
TESSCO Technologies
financial leverage refers to using borrowed capital as a funding source to finance TESSCO Technologies Incorporated ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. TESSCO Technologies financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to TESSCO Technologies' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of TESSCO Technologies' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between TESSCO Technologies's total debt and its cash.
Is TESSCO a risky opportunity?
Let's check the volatility. TESSCO is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind TESSCO (USA Stocks:TESS) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. acquiring a share of a TESSCO Technologies stock makes you a part-owner of that company.
TESSCO Technologies is estimated to stay under USD8.91 in June
Expected Short fall just dropped to -4.3, may call for upcoming price decrease.
TESSCO Technologies Incorporated is displaying above-average volatility over the selected time horizon. Investors should scrutinize TESSCO Technologies Incorporated independently to ensure intended
market timing strategies are aligned with expectations about TESSCO Technologies volatility. Understanding different
market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure TESSCO Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact
TESSCO Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
The Bottom Line
Whereas some firms in the communication equipment industry are either recovering or due for a correction, TESSCO may not be as strong as the others in terms of longer-term growth potentials. While some private investors may not share our view we believe it may be a good time to short TESSCO as the risk-reward trade off is not appealing enough to hold a position. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to TESSCO Technologies.
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Try AI Portfolio ArchitectEllen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of TESSCO Technologies Incorporated. Please refer to our
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