Prosafe SE Return On Asset vs. Total Debt
| 1Q6 Stock | EUR 0.51 0.10 16.39% |
For Prosafe SE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Prosafe SE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Prosafe SE utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Prosafe SE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Prosafe SE over time as well as its relative position and ranking within its peers.
Prosafe |
Prosafe SE Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Prosafe SE's current stock value. Our valuation model uses many indicators to compare Prosafe SE value to that of its competitors to determine the firm's financial worth. Prosafe SE is number one stock in return on asset category among its peers. It also is the top company in total debt category among its peers making up about 49,346,405,229 of Total Debt per Return On Asset. 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 Prosafe SE's earnings, one of the primary drivers of an investment's value.Prosafe Total Debt vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Prosafe SE |
| = | 0.0306 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Prosafe SE |
| = | 1.51 B |
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.
Prosafe Total Debt vs Competition
Prosafe SE is the top company in total debt category among its peers. Total debt of Oil & Gas Equipment & Services industry is presently estimated at about 180.07 Billion. Prosafe SE maintains roughly 1.51 Billion in total debt contributing less than 1% to all equities under Oil & Gas Equipment & Services industry.
Prosafe SE Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Prosafe SE, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Prosafe SE will eventually generate negative long term returns. The profitability progress is the general direction of Prosafe SE's change in net profit over the period of time. It can combine multiple indicators of Prosafe SE, 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.
Prosafe SE, together with its subsidiaries, owns and operates semi-submersible accommodation vessels in Europe, South America, and internationally. Prosafe SE was founded in 1972 and is headquarter in Stavanger, Norway. PROSAFE SE is traded on Frankfurt Stock Exchange in Germany.
Prosafe Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Prosafe SE. 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 Prosafe SE 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 Prosafe SE's important profitability drivers and their relationship over time.
Use Prosafe SE 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 Prosafe SE 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 Prosafe SE will appreciate offsetting losses from the drop in the long position's value.Prosafe SE Pair Trading
Prosafe SE Pair Trading Analysis
The ability to find closely correlated positions to Prosafe SE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prosafe SE 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 Prosafe SE - 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 Prosafe SE to buy it.
The correlation of Prosafe SE 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 Prosafe SE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prosafe SE 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 Prosafe SE 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 Prosafe SE position
In addition to having Prosafe SE 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?
Run Personal Services Thematic Idea Now
Personal Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Personal Services Theme or any other thematic opportunities.
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Other Information on Investing in Prosafe Stock
To fully project Prosafe SE's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Prosafe SE 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 Prosafe SE's income statement, its balance sheet, and the statement of cash flows.