Imeik Technology Gross Profit vs. Total Debt
| 300896 Stock | 205.18 0.22 0.11% |
Gross Profit | First Reported 2019-09-30 | Previous Quarter 764 M | Current Value 808.6 M | Quarterly Volatility 234 M |
For Imeik Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Imeik Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Imeik Technology Development utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Imeik Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Imeik Technology Development over time as well as its relative position and ranking within its peers.
Imeik |
Imeik Technology Dev Total Debt vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Imeik Technology's current stock value. Our valuation model uses many indicators to compare Imeik Technology value to that of its competitors to determine the firm's financial worth. Imeik Technology Development is number one stock in gross profit category among its peers. It also is the top company in total debt category among its peers making up about 0.03 of Total Debt per Gross Profit. The ratio of Gross Profit to Total Debt for Imeik Technology Development is roughly 35.05 . At present, Imeik Technology's Gross Profit is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Imeik Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Imeik Technology's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Imeik Total Debt vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Imeik Technology |
| = | 1.84 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Imeik Technology |
| = | 52.46 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.
Imeik Total Debt vs Competition
Imeik Technology Development is the top company in total debt category among its peers. Total debt of Health Care industry is presently estimated at about 9.56 Billion. Imeik Technology maintains roughly 52.46 Million in total debt contributing less than 1% to equities under Health Care industry.
Imeik Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Imeik Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Imeik Technology will eventually generate negative long term returns. The profitability progress is the general direction of Imeik Technology's change in net profit over the period of time. It can combine multiple indicators of Imeik Technology, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 159.7 M | 105.8 M | |
| Net Interest Income | 55 M | 57.8 M | |
| Operating Income | 2.1 B | 2.2 B | |
| Net Income From Continuing Ops | 1.9 B | 1.9 B | |
| Income Before Tax | 2.2 B | 2.3 B | |
| Net Income Applicable To Common Shares | 1.5 B | 1.5 B | |
| Net Income | 1.9 B | 2 B | |
| Income Tax Expense | 253.8 M | 266.5 M | |
| Interest Income | 58.2 M | 29.7 M | |
| Change To Netincome | -47.3 M | -45 M |
Imeik Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Imeik Technology. 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 Imeik Technology 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 Imeik Technology's important profitability drivers and their relationship over time.
Use Imeik Technology 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 Imeik Technology 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 Imeik Technology will appreciate offsetting losses from the drop in the long position's value.Imeik Technology Pair Trading
Imeik Technology Development Pair Trading Analysis
The ability to find closely correlated positions to Imeik Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Imeik Technology 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 Imeik Technology - 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 Imeik Technology Development to buy it.
The correlation of Imeik Technology 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 Imeik Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Imeik Technology Dev 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 Imeik Technology 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 Imeik Technology position
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Other Information on Investing in Imeik Stock
To fully project Imeik Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Imeik Technology Dev 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 Imeik Technology's income statement, its balance sheet, and the statement of cash flows.