Haynes International Stock Total Asset
Haynes International fundamentals help investors to digest information that contributes to Haynes International's financial success or failures. It also enables traders to predict the movement of Haynes Stock. The fundamental analysis module provides a way to measure Haynes International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Haynes International stock.
Haynes |
Haynes International Company Total Asset Analysis
Haynes International's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Haynes International Total Asset | 706.28 M |
Most of Haynes International's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Haynes International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
CompetitionBased on the latest financial disclosure, Haynes International has a Total Asset of 706.28 M. This is 82.37% lower than that of the Metals & Mining sector and 34.7% lower than that of the Materials industry. The total asset for all United States stocks is 97.6% higher than that of the company.
Haynes Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Haynes International's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Haynes International could also be used in its relative valuation, which is a method of valuing Haynes International by comparing valuation metrics of similar companies.Haynes International is currently under evaluation in total asset category among its peers.
Haynes Fundamentals
| Return On Equity | 0.0867 | |||
| Return On Asset | 0.0489 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 859.53 M | |||
| Shares Outstanding | 12.79 M | |||
| Shares Owned By Insiders | 2.29 % | |||
| Shares Owned By Institutions | 97.71 % | |||
| Number Of Shares Shorted | 619.84 K | |||
| Price To Earning | 14.97 X | |||
| Price To Book | 1.72 X | |||
| Price To Sales | 1.27 X | |||
| Revenue | 589.96 M | |||
| Gross Profit | 106.33 M | |||
| EBITDA | 78.07 M | |||
| Net Income | 41.98 M | |||
| Cash And Equivalents | 9.44 M | |||
| Cash Per Share | 0.76 X | |||
| Total Debt | 115.51 M | |||
| Debt To Equity | 0.15 % | |||
| Current Ratio | 3.16 X | |||
| Book Value Per Share | 35.62 X | |||
| Cash Flow From Operations | (16.72 M) | |||
| Short Ratio | 4.54 X | |||
| Earnings Per Share | 2.90 X | |||
| Price To Earnings To Growth | 0.77 X | |||
| Target Price | 61.0 | |||
| Number Of Employees | 1.25 K | |||
| Beta | 1.39 | |||
| Market Capitalization | 779.76 M | |||
| Total Asset | 706.28 M | |||
| Retained Earnings | 165.82 M | |||
| Working Capital | 462.38 M | |||
| Current Asset | 366.26 M | |||
| Current Liabilities | 55.39 M | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 2.88 % | |||
| Net Asset | 706.28 M | |||
| Last Dividend Paid | 0.88 |
Pair Trading with Haynes International
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 Haynes International 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 Haynes International will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Vornado Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vornado Realty 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 Vornado Realty - 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 Vornado Realty Trust to buy it.
The correlation of Vornado Realty 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 Vornado Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vornado Realty Trust 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 Vornado Realty 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in Haynes Stock
If you are still planning to invest in Haynes International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Haynes International's history and understand the potential risks before investing.
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