Aristocrat Leisure Total Debt vs. Cash And Equivalents
| ALL Stock | 69.19 0.26 0.37% |
For Aristocrat Leisure profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aristocrat Leisure to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aristocrat Leisure utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aristocrat Leisure's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aristocrat Leisure over time as well as its relative position and ranking within its peers.
Aristocrat |
Aristocrat Leisure Cash And Equivalents vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aristocrat Leisure's current stock value. Our valuation model uses many indicators to compare Aristocrat Leisure value to that of its competitors to determine the firm's financial worth. Aristocrat Leisure is the top company in total debt category among its peers. It also is number one stock in cash and equivalents category among its peers creating about 1.13 of Cash And Equivalents per Total Debt. At this time, Aristocrat Leisure's Cash And Equivalents is comparatively stable compared to the past year. 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 Aristocrat Leisure's earnings, one of the primary drivers of an investment's value.Aristocrat Total Debt vs. Competition
Aristocrat Leisure is the top company in total debt category among its peers. Total debt of Consumer Discretionary industry is presently estimated at about 3.05 Trillion. Aristocrat Leisure adds roughly 2.68 Billion in total debt claiming only tiny portion of stocks in Consumer Discretionary industry.
Aristocrat Cash And Equivalents vs. Total Debt
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.
Aristocrat Leisure |
| = | 2.68 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.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Aristocrat Leisure |
| = | 3.02 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Aristocrat Cash And Equivalents Comparison
Aristocrat Leisure is currently under evaluation in cash and equivalents category among its peers.
Aristocrat Leisure Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aristocrat Leisure, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aristocrat Leisure will eventually generate negative long term returns. The profitability progress is the general direction of Aristocrat Leisure's change in net profit over the period of time. It can combine multiple indicators of Aristocrat Leisure, 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 | 666.3 M | 699.6 M | |
| Operating Income | 2 B | 2.1 B | |
| Income Before Tax | 1.9 B | 2 B | |
| Total Other Income Expense Net | -31.7 M | -33.3 M | |
| Net Income | 1.7 B | 1.8 B | |
| Income Tax Expense | 194.7 M | 204.4 M | |
| Net Income Applicable To Common Shares | 1.1 B | 1.1 B | |
| Net Income From Continuing Ops | 1.7 B | 1.8 B | |
| Net Interest Income | -36.5 M | -38.4 M | |
| Interest Income | 130.1 M | 136.6 M | |
| Change To Netincome | 310.8 M | 326.4 M |
Aristocrat Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aristocrat Leisure. 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 Aristocrat Leisure 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 Aristocrat Leisure's important profitability drivers and their relationship over time.
Use Aristocrat Leisure 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 Aristocrat Leisure 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 Aristocrat Leisure will appreciate offsetting losses from the drop in the long position's value.Aristocrat Leisure Pair Trading
Aristocrat Leisure Pair Trading Analysis
The ability to find closely correlated positions to Aristocrat Leisure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aristocrat Leisure 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 Aristocrat Leisure - 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 Aristocrat Leisure to buy it.
The correlation of Aristocrat Leisure 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 Aristocrat Leisure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aristocrat Leisure 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 Aristocrat Leisure 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 Aristocrat Leisure position
In addition to having Aristocrat Leisure 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 Education Thematic Idea Now
Education
Companies involved in apprenticeship, education, tutoring, schooling, online universities, and other learning services. The Education theme has 48 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 Education Theme or any other thematic opportunities.
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Additional Tools for Aristocrat Stock Analysis
When running Aristocrat Leisure's price analysis, check to measure Aristocrat Leisure's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aristocrat Leisure is operating at the current time. Most of Aristocrat Leisure's value examination focuses on studying past and present price action to predict the probability of Aristocrat Leisure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aristocrat Leisure's price. Additionally, you may evaluate how the addition of Aristocrat Leisure to your portfolios can decrease your overall portfolio volatility.