Alpha Star Current Ratio vs. Earnings Per Share
ALSA Stock | USD 11.93 0.02 0.17% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 0.00201971 | Current Value 0.001919 | Quarterly Volatility 13.97025588 |
For Alpha Star profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alpha Star to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alpha Star Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alpha Star's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alpha Star Acquisition over time as well as its relative position and ranking within its peers.
Alpha |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alpha Star. If investors know Alpha will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alpha Star listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Earnings Share (1.08) | Return On Assets (0) |
The market value of Alpha Star Acquisition is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Star's value that differs from its market value or its book value, called intrinsic value, which is Alpha Star's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alpha Star's market value can be influenced by many factors that don't directly affect Alpha Star's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alpha Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Star's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Alpha Star Acquisition Earnings Per Share vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alpha Star's current stock value. Our valuation model uses many indicators to compare Alpha Star value to that of its competitors to determine the firm's financial worth. Alpha Star Acquisition is number one stock in current ratio category among its peers. It is rated below average in earnings per share category among its peers . At present, Alpha Star's Current Ratio is projected to decrease significantly based on the last few years of reporting. 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 Alpha Star's earnings, one of the primary drivers of an investment's value.Alpha Earnings Per Share vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Alpha Star |
| = | 38.36 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Alpha Star |
| = | (1.08) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Alpha Earnings Per Share Comparison
Alpha Star is currently under evaluation in earnings per share category among its peers.
Alpha Star Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alpha Star, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alpha Star will eventually generate negative long term returns. The profitability progress is the general direction of Alpha Star's change in net profit over the period of time. It can combine multiple indicators of Alpha Star, 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 | 675.8 K | 411.4 K | |
Income Before Tax | 1.3 M | 792.6 K | |
Total Other Income Expense Net | 597.4 K | 381.3 K | |
Net Loss | -56.7 K | -59.5 K | |
Net Income | 1.3 M | 792.6 K | |
Income Tax Expense | 531.6 K | 377.8 K | |
Net Interest Income | 4.7 M | 3.3 M | |
Interest Income | 4.7 M | 3.3 M | |
Net Income From Continuing Ops | 4.6 M | 3.1 M | |
Change To Netincome | (809.10) | (849.55) | |
Net Income Per Share | 0.36 | 0.38 | |
Income Quality | (0.05) | (0.05) | |
Net Income Per E B T | 0.52 | 0.46 |
Alpha Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alpha Star. 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 Alpha Star 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 Alpha Star's important profitability drivers and their relationship over time.
Use Alpha Star 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 Alpha Star 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 Alpha Star will appreciate offsetting losses from the drop in the long position's value.Alpha Star Pair Trading
Alpha Star Acquisition Pair Trading Analysis
The ability to find closely correlated positions to Alpha Star could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alpha Star 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 Alpha Star - 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 Alpha Star Acquisition to buy it.
The correlation of Alpha Star 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 Alpha Star moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Star Acquisition 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 Alpha Star 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 Alpha Star position
In addition to having Alpha Star 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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To fully project Alpha Star's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Alpha Star Acquisition 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 Alpha Star's income statement, its balance sheet, and the statement of cash flows.