JCET Group Net Income vs. Total Debt
| 600584 Stock | 39.98 1.11 2.86% |
Net Income | First Reported 2018-06-30 | Previous Quarter 484.1 M | Current Value 457.1 M | Quarterly Volatility 420.6 M |
For JCET Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of JCET Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well JCET Group Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between JCET Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of JCET Group Co over time as well as its relative position and ranking within its peers.
JCET |
JCET Group Total Debt vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining JCET Group's current stock value. Our valuation model uses many indicators to compare JCET Group value to that of its competitors to determine the firm's financial worth. JCET Group Co is number one stock in net income category among its peers. It also is the top company in total debt category among its peers making up about 1.15 of Total Debt per Net Income. At present, JCET Group's Net Income 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 JCET Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for JCET Group'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.JCET Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
JCET Group |
| = | 1.47 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
JCET Group |
| = | 1.7 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.
JCET Total Debt vs Competition
JCET Group Co is the top company in total debt category among its peers. Total debt of Information Technology industry is presently estimated at about 4.48 Billion. JCET Group totals roughly 1.7 Billion in total debt claiming about 38% of equities under Information Technology industry.
JCET Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in JCET Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, JCET Group will eventually generate negative long term returns. The profitability progress is the general direction of JCET Group's change in net profit over the period of time. It can combine multiple indicators of JCET Group, 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 | ||
| Operating Income | 1.8 B | 1.8 B | |
| Income Before Tax | 1.5 B | 1.6 B | |
| Net Income Applicable To Common Shares | 3.4 B | 3.6 B | |
| Net Income | 1.5 B | 1.5 B | |
| Income Tax Expense | 241.8 M | 253.9 M | |
| Net Income From Continuing Ops | 1.5 B | 945.6 M | |
| Total Other Income Expense Net | -940 M | -987 M | |
| Net Interest Income | -205.8 M | -216.1 M | |
| Interest Income | 111.6 M | 117.1 M | |
| Change To Netincome | 86.8 M | 82.4 M |
JCET Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on JCET Group. 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 JCET Group 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 JCET Group's important profitability drivers and their relationship over time.
Use JCET Group 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 JCET Group 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 JCET Group will appreciate offsetting losses from the drop in the long position's value.JCET Group Pair Trading
JCET Group Co Pair Trading Analysis
The ability to find closely correlated positions to JCET Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JCET Group 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 JCET Group - 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 JCET Group Co to buy it.
The correlation of JCET Group 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 JCET Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JCET Group 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 JCET Group 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 JCET Group position
In addition to having JCET Group 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 JCET Stock
To fully project JCET Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of JCET Group 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 JCET Group's income statement, its balance sheet, and the statement of cash flows.