Bengal Energy Revenue vs. Total Debt
| BNG Stock | CAD 0.01 0.01 50.00% |
Total Revenue | First Reported 1997-06-30 | Previous Quarter 1.7 M | Current Value 1.8 M | Quarterly Volatility 1.3 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.51 | 0.27 |
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For Bengal Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bengal Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bengal Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bengal Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bengal Energy over time as well as its relative position and ranking within its peers.
Bengal |
Bengal Energy Total Debt vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bengal Energy's current stock value. Our valuation model uses many indicators to compare Bengal Energy value to that of its competitors to determine the firm's financial worth. Bengal Energy is rated fifth in revenue category among its peers. It is rated fourth in total debt category among its peers making up about 1.03 of Total Debt per Revenue. At this time, Bengal Energy's Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Bengal Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bengal Energy's Stock. 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.Bengal Revenue vs. Competition
Bengal Energy is rated fifth in revenue category among its peers. Market size based on revenue of Energy industry is currently estimated at about 709.61 Million. Bengal Energy maintains roughly 6.48 Million in revenue contributing less than 1% to equities under Energy industry.
Bengal Total Debt vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Bengal Energy |
| = | 6.48 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Bengal Energy |
| = | 6.66 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Bengal Total Debt vs Competition
Bengal Energy is rated fourth in total debt category among its peers. Total debt of Energy industry is currently estimated at about 189.28 Million. Bengal Energy holds roughly 6.66 Million in total debt claiming about 4% of equities under Energy industry.
Bengal Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bengal Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bengal Energy will eventually generate negative long term returns. The profitability progress is the general direction of Bengal Energy's change in net profit over the period of time. It can combine multiple indicators of Bengal Energy, 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 | ||
| Accumulated Other Comprehensive Income | -3.9 M | -4.1 M | |
| Operating Income | -993.6 K | -1 M | |
| Net Loss | -11.5 M | -10.9 M | |
| Income Tax Expense | 1.4 M | 1.5 M | |
| Income Before Tax | -11.5 M | -10.9 M | |
| Total Other Income Expense Net | -10.5 M | -9.9 M | |
| Net Loss | -14.6 M | -13.9 M | |
| Net Income Applicable To Common Shares | 808.5 K | 848.9 K | |
| Interest Income | 13.5 K | 12.8 K | |
| Net Interest Income | -19.6 K | -20.5 K | |
| Change To Netincome | 119.7 K | 131.2 K | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.02 | 0.02 | |
| Net Income Per E B T | 1.42 | 0.81 |
Bengal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bengal Energy. 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 Bengal Energy 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 Bengal Energy's important profitability drivers and their relationship over time.
Use Bengal Energy 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 Bengal Energy 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 Bengal Energy will appreciate offsetting losses from the drop in the long position's value.Bengal Energy Pair Trading
Bengal Energy Pair Trading Analysis
The ability to find closely correlated positions to Bengal Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bengal Energy 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 Bengal Energy - 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 Bengal Energy to buy it.
The correlation of Bengal Energy 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 Bengal Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bengal Energy 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 Bengal Energy 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 Bengal Energy position
In addition to having Bengal Energy 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 Exotic Funds Thematic Idea Now
Exotic Funds
Funds or Etfs with high minimum investment requirement that manage portfolios of alternative investments such as hedge funds, options, futures, real estate or commodities. The Exotic Funds theme has 37 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 Exotic Funds Theme or any other thematic opportunities.
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Other Information on Investing in Bengal Stock
To fully project Bengal Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bengal Energy 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 Bengal Energy's income statement, its balance sheet, and the statement of cash flows.