LASSONDE INDUSTINC Total Debt vs. Current Ratio
| 0OO Stock | EUR 116.00 2.00 1.75% |
For LASSONDE INDUSTINC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of LASSONDE INDUSTINC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well LASSONDE INDUSTINC A utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between LASSONDE INDUSTINC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of LASSONDE INDUSTINC A over time as well as its relative position and ranking within its peers.
LASSONDE |
LASSONDE INDUSTINC Current Ratio vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining LASSONDE INDUSTINC's current stock value. Our valuation model uses many indicators to compare LASSONDE INDUSTINC value to that of its competitors to determine the firm's financial worth. LASSONDE INDUSTINC A is rated third in total debt category among its peers. It is number one stock in current ratio category among its peers . The ratio of Total Debt to Current Ratio for LASSONDE INDUSTINC A is about 136,325,153 . 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 LASSONDE INDUSTINC's earnings, one of the primary drivers of an investment's value.LASSONDE Total Debt vs. Competition
LASSONDE INDUSTINC A is rated third in total debt category among its peers. Total debt of Beverages—Non-Alcoholic industry is presently estimated at about 12.01 Billion. LASSONDE INDUSTINC claims roughly 222.21 Million in total debt contributing just under 2% to stocks in Beverages—Non-Alcoholic industry.
LASSONDE Current Ratio vs. Total Debt
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.
LASSONDE INDUSTINC |
| = | 222.21 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.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
LASSONDE INDUSTINC |
| = | 1.63 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
LASSONDE Current Ratio Comparison
LASSONDE INDUSTINC is currently under evaluation in current ratio category among its peers.
LASSONDE INDUSTINC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in LASSONDE INDUSTINC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, LASSONDE INDUSTINC will eventually generate negative long term returns. The profitability progress is the general direction of LASSONDE INDUSTINC's change in net profit over the period of time. It can combine multiple indicators of LASSONDE INDUSTINC, 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.
Lassonde Industries Inc., together with its subsidiaries, develops, produces, and markets a range of ready-to-drink fruit juices and drinks, and frozen juice concentrates in Canada, the United States, and internationally. The company was founded in 1918 and is headquartered in Rougemont, Canada. LASSONDE INDUST operates under BeveragesNon-Alcoholic classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2700 people.
LASSONDE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on LASSONDE INDUSTINC. 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 LASSONDE INDUSTINC 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 LASSONDE INDUSTINC's important profitability drivers and their relationship over time.
Use LASSONDE INDUSTINC 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 LASSONDE INDUSTINC 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 LASSONDE INDUSTINC will appreciate offsetting losses from the drop in the long position's value.LASSONDE INDUSTINC Pair Trading
LASSONDE INDUSTINC A Pair Trading Analysis
The ability to find closely correlated positions to LASSONDE INDUSTINC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LASSONDE INDUSTINC 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 LASSONDE INDUSTINC - 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 LASSONDE INDUSTINC A to buy it.
The correlation of LASSONDE INDUSTINC 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 LASSONDE INDUSTINC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LASSONDE INDUSTINC 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 LASSONDE INDUSTINC 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 LASSONDE INDUSTINC position
In addition to having LASSONDE INDUSTINC 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 LASSONDE Stock
To fully project LASSONDE INDUSTINC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of LASSONDE INDUSTINC 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 LASSONDE INDUSTINC's income statement, its balance sheet, and the statement of cash flows.