Centerplate Total Debt vs. Cash And Equivalents
Based on the measurements of profitability obtained from Centerplate's financial statements, Centerplate may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in February. Profitability indicators assess Centerplate's ability to earn profits and add value for shareholders.
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 real.
Please note, there is a significant difference between Centerplate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centerplate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centerplate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For Centerplate profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Centerplate to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Centerplate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Centerplate's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Centerplate over time as well as its relative position and ranking within its peers.
Centerplate |
Centerplate Cash And Equivalents vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Centerplate's current stock value. Our valuation model uses many indicators to compare Centerplate value to that of its competitors to determine the firm's financial worth. Centerplate is rated fifth in total debt category among its peers. It is rated second in cash and equivalents category among its peers creating about 0.18 of Cash And Equivalents per Total Debt. The ratio of Total Debt to Cash And Equivalents for Centerplate is roughly 5.60 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Centerplate by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Centerplate Total Debt vs. Competition
Centerplate is rated fifth in total debt category among its peers. Total debt of Restaurants Hotels Motels industry is currently estimated at about 19.32 Billion. Centerplate claims roughly 253.91 Million in total debt contributing just under 2% to equities listed under Restaurants Hotels Motels industry.
Centerplate Cash And Equivalents vs. Total Debt
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.
Centerplate |
| = | 253.91 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.
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.
Centerplate |
| = | 45.31 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).
Centerplate Cash And Equivalents Comparison
Centerplate is currently under evaluation in cash and equivalents category among its peers.
Centerplate Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Centerplate. 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 Centerplate 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 Centerplate's important profitability drivers and their relationship over time.
Use Centerplate 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 Centerplate 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 Centerplate will appreciate offsetting losses from the drop in the long position's value.Centerplate Pair Trading
Centerplate Pair Trading Analysis
The ability to find closely correlated positions to Tenet Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tenet Healthcare 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 Tenet Healthcare - 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 Tenet Healthcare to buy it.
The correlation of Tenet Healthcare 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 Tenet Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tenet Healthcare 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 Tenet Healthcare 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 Centerplate position
In addition to having Centerplate 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 Non-Metallic and Industrial Metal Mining Thematic Idea Now
Non-Metallic and Industrial Metal Mining
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining theme has 61 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 Non-Metallic and Industrial Metal Mining 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 real. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Centerplate Stock
If you are still planning to invest in Centerplate 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 Centerplate's history and understand the potential risks before investing.
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