Snoogoo Corp Stock Total Debt
| SGOO Stock | USD 0.0001 0.00 0.00% |
Snoogoo Corp fundamentals help investors to digest information that contributes to Snoogoo Corp's financial success or failures. It also enables traders to predict the movement of Snoogoo Pink Sheet. The fundamental analysis module provides a way to measure Snoogoo Corp'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 Snoogoo Corp pink sheet.
Snoogoo |
Snoogoo Corp Company Total Debt Analysis
Snoogoo Corp's 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.
Current Snoogoo Corp Total Debt | 83.09 K |
Most of Snoogoo Corp's fundamental indicators, such as Total Debt, 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, Snoogoo Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Snoogoo Corp has a Total Debt of 83.09 K. This is 100.0% lower than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The total debt for all United States stocks is 100.0% higher than that of the company.
Snoogoo Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Snoogoo Corp's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Snoogoo Corp could also be used in its relative valuation, which is a method of valuing Snoogoo Corp by comparing valuation metrics of similar companies.Snoogoo Corp is currently under evaluation in total debt category among its peers.
Snoogoo Fundamentals
| Return On Asset | -80.21 | |||
| Current Valuation | 1.93 M | |||
| Shares Outstanding | 201.86 M | |||
| Shares Owned By Insiders | 18.54 % | |||
| Price To Earning | (0.79) X | |||
| EBITDA | (71.74 K) | |||
| Net Income | (71.74 K) | |||
| Cash And Equivalents | 80 | |||
| Total Debt | 83.09 K | |||
| Book Value Per Share | (0) X | |||
| Earnings Per Share | (0.01) X | |||
| Number Of Employees | 10 | |||
| Beta | -16.75 | |||
| Market Capitalization | 1.45 M | |||
| Total Asset | 37 | |||
| Retained Earnings | (5.66 M) | |||
| Working Capital | (379 K) | |||
| Current Liabilities | 379 K | |||
| Net Asset | 37 |
About Snoogoo Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Snoogoo Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Snoogoo Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Snoogoo Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Snoogoo Corp
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 Snoogoo Corp 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 Snoogoo Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Snoogoo Pink Sheet
| 0.57 | HD | Home Depot | PairCorr |
| 0.56 | GSHN | Gushen Inc | PairCorr |
| 0.5 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.5 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.49 | AMZN | Amazon Inc Aggressive Push | PairCorr |
The ability to find closely correlated positions to Snoogoo Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Snoogoo Corp 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 Snoogoo Corp - 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 Snoogoo Corp to buy it.
The correlation of Snoogoo Corp 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 Snoogoo Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Snoogoo 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 Snoogoo Corp 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.Other Information on Investing in Snoogoo Pink Sheet
Snoogoo Corp financial ratios help investors to determine whether Snoogoo Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Snoogoo with respect to the benefits of owning Snoogoo Corp security.