Emera Maine Current Ratio vs. EBITDA
| BANGNDelisted Preferred Stock | USD 98.25 0.00 0.00% |
For Emera Maine profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Emera Maine to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Emera Maine PFD utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Emera Maine's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Emera Maine PFD over time as well as its relative position and ranking within its peers.
Emera |
Emera Maine PFD EBITDA vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Emera Maine's current stock value. Our valuation model uses many indicators to compare Emera Maine value to that of its competitors to determine the firm's financial worth. Emera Maine PFD is number one stock in current ratio category among its peers. It also is number one stock in ebitda category among its peers totaling about 100,144,737 of EBITDA per Current Ratio. Comparative valuation analysis is a catch-all model that can be used if you cannot value Emera Maine by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Emera Maine's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Emera EBITDA 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.
Emera Maine |
| = | 0.76 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).
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.
Emera Maine |
| = | 76.11 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.
Emera EBITDA Comparison
Emera Maine is currently under evaluation in ebitda category among its peers.
Emera Maine Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Emera Maine, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Emera Maine will eventually generate negative long term returns. The profitability progress is the general direction of Emera Maine's change in net profit over the period of time. It can combine multiple indicators of Emera Maine, 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.
Emera Maine provides electric delivery services to residential and business clients in the Bangor Hydro District and the Maine Public District. Emera Maine was formerly known as Bangor Hydro-Electric Company and changed its name to Emera Maine in November 2015. Emera Maine operates under Utilities - Regulated Electric classification in USA and traded on OTC Market. It employs 302 people.
Emera Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Emera Maine. 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 Emera Maine 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 Emera Maine's important profitability drivers and their relationship over time.
Use Emera Maine 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 Emera Maine 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 Emera Maine will appreciate offsetting losses from the drop in the long position's value.Emera Maine Pair Trading
Emera Maine PFD Pair Trading Analysis
The ability to find closely correlated positions to Emera Maine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emera Maine 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 Emera Maine - 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 Emera Maine PFD to buy it.
The correlation of Emera Maine 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 Emera Maine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emera Maine PFD 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 Emera Maine 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 Emera Maine position
In addition to having Emera Maine 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 Currency Funds Thematic Idea Now
Currency Funds
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds theme has 43 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 Currency Funds Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Consideration for investing in Emera Pink Sheet
If you are still planning to invest in Emera Maine PFD check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Emera Maine's history and understand the potential risks before investing.
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