Keysight Technologies Cash And Equivalents vs. Cash Per Share
| 1KT Stock | EUR 160.14 1.34 0.83% |
For Keysight Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Keysight Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Keysight Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Keysight Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Keysight Technologies over time as well as its relative position and ranking within its peers.
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Keysight Technologies Cash Per Share vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Keysight Technologies's current stock value. Our valuation model uses many indicators to compare Keysight Technologies value to that of its competitors to determine the firm's financial worth. Keysight Technologies is number one stock in cash and equivalents category among its peers. It also is number one stock in cash per share category among its peers . The ratio of Cash And Equivalents to Cash Per Share for Keysight Technologies is about 187,373,737 . 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 Keysight Technologies' earnings, one of the primary drivers of an investment's value.Keysight Cash Per Share vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Keysight Technologies |
| = | 742 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Keysight Technologies |
| = | 3.96 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Keysight Cash Per Share Comparison
Keysight Technologies is currently under evaluation in cash per share category among its peers.
Keysight Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Keysight Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Keysight Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Keysight Technologies' change in net profit over the period of time. It can combine multiple indicators of Keysight Technologies, 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.
Keysight Technologies, Inc. provides electronic design and test solutions to communications and electronics industries internationally. The company was incorporated in 2013 and is headquartered in Santa Rosa, California. Keysight Technologies operates under Scientific Technical Instruments classification in Germany and traded on Frankfurt Stock Exchange. It employs 12900 people.
Keysight Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Keysight Technologies. 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 Keysight Technologies 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 Keysight Technologies' important profitability drivers and their relationship over time.
Use Keysight Technologies 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 Keysight Technologies 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 Keysight Technologies will appreciate offsetting losses from the drop in the long position's value.Keysight Technologies Pair Trading
Keysight Technologies Pair Trading Analysis
The ability to find closely correlated positions to Keysight Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Keysight Technologies 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 Keysight Technologies - 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 Keysight Technologies to buy it.
The correlation of Keysight Technologies 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 Keysight Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Keysight Technologies 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 Keysight Technologies 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 Keysight Technologies position
In addition to having Keysight Technologies 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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Additional Information and Resources on Investing in Keysight Stock
When determining whether Keysight Technologies is a strong investment it is important to analyze Keysight Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Keysight Technologies' future performance. For an informed investment choice regarding Keysight Stock, refer to the following important reports:Check out Trending Equities. For more detail on how to invest in Keysight Stock please use our How to Invest in Keysight Technologies guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Keysight Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Keysight Technologies 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 Keysight Technologies' income statement, its balance sheet, and the statement of cash flows.