Austevoll Seafood Return On Asset vs. Cash Per Share
| ASTVF Stock | USD 8.80 0.00 0.00% |
For Austevoll Seafood profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Austevoll Seafood to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Austevoll Seafood ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Austevoll Seafood's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Austevoll Seafood ASA over time as well as its relative position and ranking within its peers.
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Austevoll Seafood ASA Cash Per Share vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Austevoll Seafood's current stock value. Our valuation model uses many indicators to compare Austevoll Seafood value to that of its competitors to determine the firm's financial worth. Austevoll Seafood ASA is rated third in return on asset category among its peers. It is number one stock in cash per share category among its peers fabricating about 261.85 of Cash Per Share per Return On Asset. 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 Austevoll Seafood's earnings, one of the primary drivers of an investment's value.Austevoll Cash Per Share vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
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| = | 0.0823 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 21.55 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Austevoll Cash Per Share Comparison
Austevoll Seafood is currently under evaluation in cash per share category among its peers.
Austevoll Seafood Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Austevoll Seafood, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Austevoll Seafood will eventually generate negative long term returns. The profitability progress is the general direction of Austevoll Seafood's change in net profit over the period of time. It can combine multiple indicators of Austevoll Seafood, 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.
Austevoll Seafood ASA, a seafood company, engages in the salmon and trout, white fish, and pelagic businesses in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, Asia, North America, South America, and internationally. The company was incorporated in 1981 and is headquartered in Storeb, Norway. Austevoll Seafood is traded on OTC Exchange in the United States.
Austevoll Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Austevoll Seafood. 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 Austevoll Seafood 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 Austevoll Seafood's important profitability drivers and their relationship over time.
Use Austevoll Seafood 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 Austevoll Seafood 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 Austevoll Seafood will appreciate offsetting losses from the drop in the long position's value.Austevoll Seafood Pair Trading
Austevoll Seafood ASA Pair Trading Analysis
The ability to find closely correlated positions to Austevoll Seafood could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Austevoll Seafood 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 Austevoll Seafood - 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 Austevoll Seafood ASA to buy it.
The correlation of Austevoll Seafood 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 Austevoll Seafood moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Austevoll Seafood ASA 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 Austevoll Seafood 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 Austevoll Seafood position
In addition to having Austevoll Seafood 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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Other Information on Investing in Austevoll Pink Sheet
To fully project Austevoll Seafood's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Austevoll Seafood ASA 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 Austevoll Seafood's income statement, its balance sheet, and the statement of cash flows.