Atlantic Sapphire EBITDA vs. Cash And Equivalents
| ASA Stock | NOK 0.09 0.01 6.21% |
For Atlantic Sapphire profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Atlantic Sapphire to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Atlantic Sapphire As utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Atlantic Sapphire's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Atlantic Sapphire As over time as well as its relative position and ranking within its peers.
Atlantic |
Atlantic Sapphire Cash And Equivalents vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Atlantic Sapphire's current stock value. Our valuation model uses many indicators to compare Atlantic Sapphire value to that of its competitors to determine the firm's financial worth. Atlantic Sapphire As is number one stock in ebitda category among its peers. It also is number one stock in cash and equivalents category among its peers . 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 Atlantic Sapphire's earnings, one of the primary drivers of an investment's value.Atlantic Cash And Equivalents 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.
Atlantic Sapphire |
| = | (115.1 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.
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.
Atlantic Sapphire |
| = | 17.01 M |
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).
Atlantic Cash And Equivalents Comparison
Atlantic Sapphire is currently under evaluation in cash and equivalents category among its peers.
Atlantic Sapphire Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Atlantic Sapphire, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Atlantic Sapphire will eventually generate negative long term returns. The profitability progress is the general direction of Atlantic Sapphire's change in net profit over the period of time. It can combine multiple indicators of Atlantic Sapphire, 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.
Atlantic Sapphire ASA, together with its subsidiaries, engages in the land-based salmon farming business. Atlantic Sapphire ASA was founded in 2010 and is headquartered in Vikebukt, Norway. ATLANTIC SAPPH is traded on Oslo Stock Exchange in Norway.
Atlantic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Atlantic Sapphire. 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 Atlantic Sapphire 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 Atlantic Sapphire's important profitability drivers and their relationship over time.
Use Atlantic Sapphire 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 Atlantic Sapphire 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 Atlantic Sapphire will appreciate offsetting losses from the drop in the long position's value.Atlantic Sapphire Pair Trading
Atlantic Sapphire As Pair Trading Analysis
The ability to find closely correlated positions to Atlantic Sapphire could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atlantic Sapphire 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 Atlantic Sapphire - 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 Atlantic Sapphire As to buy it.
The correlation of Atlantic Sapphire 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 Atlantic Sapphire moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atlantic Sapphire 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 Atlantic Sapphire 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 Atlantic Sapphire position
In addition to having Atlantic Sapphire 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 Large Value Funds Thematic Idea Now
Large Value Funds
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value Funds theme has 46 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 Large Value Funds Theme or any other thematic opportunities.
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Other Information on Investing in Atlantic Stock
To fully project Atlantic Sapphire's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Atlantic Sapphire 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 Atlantic Sapphire's income statement, its balance sheet, and the statement of cash flows.