Spring Airlines Current Valuation vs. Cash Flow From Operations
| 601021 Stock | 55.69 0.39 0.71% |
For Spring Airlines profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Spring Airlines to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Spring Airlines Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Spring Airlines's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Spring Airlines Co over time as well as its relative position and ranking within its peers.
Spring |
Spring Airlines Cash Flow From Operations vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Spring Airlines's current stock value. Our valuation model uses many indicators to compare Spring Airlines value to that of its competitors to determine the firm's financial worth. Spring Airlines Co is rated third in current valuation category among its peers. It also is rated third in cash flow from operations category among its peers making about 0.11 of Cash Flow From Operations per Current Valuation. The ratio of Current Valuation to Cash Flow From Operations for Spring Airlines Co is roughly 9.45 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Spring Airlines by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Spring Airlines' 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.Spring Current Valuation vs. Competition
Spring Airlines Co is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 5.14 Trillion. Spring Airlines claims roughly 63.24 Billion in current valuation contributing just under 2% to equities under Industrials industry.
Spring Cash Flow From Operations vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Spring Airlines |
| = | 63.24 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Spring Airlines |
| = | 6.69 B |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Spring Cash Flow From Operations Comparison
Spring Airlines is currently under evaluation in cash flow from operations category among its peers.
Spring Airlines Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Spring Airlines, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Spring Airlines will eventually generate negative long term returns. The profitability progress is the general direction of Spring Airlines' change in net profit over the period of time. It can combine multiple indicators of Spring Airlines, 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 | 2.9 B | 3.1 B | |
| Income Before Tax | 2.6 B | 2.8 B | |
| Net Income Applicable To Common Shares | 35.2 M | 33.4 M | |
| Net Income | 2.3 B | 2.4 B | |
| Income Tax Expense | -19.1 M | -18.2 M | |
| Net Income From Continuing Ops | 2.3 B | 2.4 B | |
| Total Other Income Expense Net | 252.4 M | 321 M | |
| Net Interest Income | 326.7 M | 343 M | |
| Interest Income | 363.3 M | 223.7 M | |
| Change To Netincome | 692.6 M | 727.2 M |
Spring Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Spring Airlines. 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 Spring Airlines 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 Spring Airlines' important profitability drivers and their relationship over time.
Use Spring Airlines 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 Spring Airlines 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 Spring Airlines will appreciate offsetting losses from the drop in the long position's value.Spring Airlines Pair Trading
Spring Airlines Co Pair Trading Analysis
The ability to find closely correlated positions to Spring Airlines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spring Airlines 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 Spring Airlines - 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 Spring Airlines Co to buy it.
The correlation of Spring Airlines 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 Spring Airlines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spring Airlines 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 Spring Airlines 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 Spring Airlines position
In addition to having Spring Airlines 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 Computers Thematic Idea Now
Computers
Companies that manufacture and distribute personal and business computers. The Computers theme has 44 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 Computers Theme or any other thematic opportunities.
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Other Information on Investing in Spring Stock
To fully project Spring Airlines' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Spring Airlines 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 Spring Airlines' income statement, its balance sheet, and the statement of cash flows.