Austal Return On Asset vs. Shares Outstanding
| AUTLF Stock | USD 1.80 0.10 5.26% |
For Austal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Austal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Austal Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Austal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Austal Limited over time as well as its relative position and ranking within its peers.
Austal |
Austal Limited Shares Outstanding vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Austal's current stock value. Our valuation model uses many indicators to compare Austal value to that of its competitors to determine the firm's financial worth. Austal Limited is number one stock in return on asset category among its peers. It also is number one stock in shares outstanding category among its peers creating about 8,054,266,311 of Shares Outstanding 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 Austal's earnings, one of the primary drivers of an investment's value.Austal Shares Outstanding 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.
Austal |
| = | 0.045 |
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Austal |
| = | 362.44 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Austal Shares Outstanding Comparison
Austal is currently under evaluation in shares outstanding category among its peers.
Austal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Austal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Austal will eventually generate negative long term returns. The profitability progress is the general direction of Austal's change in net profit over the period of time. It can combine multiple indicators of Austal, 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.
Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. Austal Limited was founded in 1988 and is headquartered in Henderson, Australia. Austal operates under Aerospace Defense classification in the United States and is traded on OTC Exchange. It employs 5000 people.
Austal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Austal. 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 Austal 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 Austal's important profitability drivers and their relationship over time.
Use Austal 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 Austal 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 Austal will appreciate offsetting losses from the drop in the long position's value.Austal Pair Trading
Austal Limited Pair Trading Analysis
The ability to find closely correlated positions to Austal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Austal 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 Austal - 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 Austal Limited to buy it.
The correlation of Austal 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 Austal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Austal Limited 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 Austal 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 Austal position
In addition to having Austal 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 Target Outcome ETFs Thematic Idea Now
Target Outcome ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Target Outcome ETFs theme has 92 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 Target Outcome ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Austal Pink Sheet
To fully project Austal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Austal Limited 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 Austal's income statement, its balance sheet, and the statement of cash flows.