Smartgiant Technology EBITDA vs. Working Capital
| 688115 Stock | 40.27 0.23 0.57% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 74.2 M | Current Value 69.8 M | Quarterly Volatility 19 M |
For Smartgiant Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Smartgiant Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Smartgiant Technology Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Smartgiant Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Smartgiant Technology Co over time as well as its relative position and ranking within its peers.
Smartgiant |
Smartgiant Technology Working Capital vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Smartgiant Technology's current stock value. Our valuation model uses many indicators to compare Smartgiant Technology value to that of its competitors to determine the firm's financial worth. Smartgiant Technology Co is number one stock in ebitda category among its peers. It also is number one stock in working capital category among its peers reporting about 17.76 of Working Capital per EBITDA. At present, Smartgiant Technology's EBITDA 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 Smartgiant Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Smartgiant 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.Smartgiant Working Capital vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Smartgiant Technology |
| = | 64.5 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Smartgiant Technology |
| = | 1.15 B |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Smartgiant Working Capital Comparison
Smartgiant Technology is currently under evaluation in working capital category among its peers.
Smartgiant Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Smartgiant Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Smartgiant Technology will eventually generate negative long term returns. The profitability progress is the general direction of Smartgiant Technology's change in net profit over the period of time. It can combine multiple indicators of Smartgiant 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 | ||
| Net Interest Income | 17.1 M | 17.9 M | |
| Interest Income | 17.9 M | 18.8 M | |
| Operating Income | -8.5 M | -8 M | |
| Net Income From Continuing Ops | 8.1 M | 7.7 M | |
| Income Before Tax | 3.2 M | 3 M | |
| Net Income | 8.1 M | 7.7 M |
Smartgiant Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Smartgiant 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 Smartgiant 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 Smartgiant Technology's important profitability drivers and their relationship over time.
Use Smartgiant 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 Smartgiant 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 Smartgiant Technology will appreciate offsetting losses from the drop in the long position's value.Smartgiant Technology Pair Trading
Smartgiant Technology Co Pair Trading Analysis
The ability to find closely correlated positions to Smartgiant 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 Smartgiant 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 Smartgiant 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 Smartgiant Technology Co to buy it.
The correlation of Smartgiant 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 Smartgiant Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smartgiant Technology 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 Smartgiant 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 Smartgiant Technology position
In addition to having Smartgiant Technology 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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Measuring and Control Equipment
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Other Information on Investing in Smartgiant Stock
To fully project Smartgiant Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Smartgiant Technology 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 Smartgiant Technology's income statement, its balance sheet, and the statement of cash flows.