ECN Capital Net Income vs. Total Debt
| ECNCF Stock | USD 2.13 0.07 3.18% |
For ECN Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ECN Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ECN Capital Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ECN Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ECN Capital Corp over time as well as its relative position and ranking within its peers.
ECN |
ECN Capital Corp Total Debt vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ECN Capital's current stock value. Our valuation model uses many indicators to compare ECN Capital value to that of its competitors to determine the firm's financial worth. ECN Capital Corp is one of the top stocks in net income category among its peers. It is rated below average in total debt category among its peers making up about 0.28 of Total Debt per Net Income. The ratio of Net Income to Total Debt for ECN Capital Corp is roughly 3.53 . 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 ECN Capital's earnings, one of the primary drivers of an investment's value.ECN Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
ECN Capital |
| = | 969.8 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
ECN Capital |
| = | 274.6 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.
ECN Total Debt vs Competition
ECN Capital Corp is rated below average in total debt category among its peers. Total debt of Financials industry is currently estimated at about 54.99 Billion. ECN Capital adds roughly 274.6 Million in total debt claiming only tiny portion of equities under Financials industry.
ECN Capital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ECN Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ECN Capital will eventually generate negative long term returns. The profitability progress is the general direction of ECN Capital's change in net profit over the period of time. It can combine multiple indicators of ECN Capital, 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.
ECN Capital Corp. originates, manages, and advises on prime consumer credit portfolios in North America. The company was incorporated in 2016 and is headquartered in Toronto, Canada. Ecn Capital operates under Credit Services classification in the United States and is traded on OTC Exchange. It employs 560 people.
ECN Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ECN Capital. 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 ECN Capital 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 ECN Capital's important profitability drivers and their relationship over time.
Use ECN Capital 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 ECN Capital 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 ECN Capital will appreciate offsetting losses from the drop in the long position's value.ECN Capital Pair Trading
ECN Capital Corp Pair Trading Analysis
The ability to find closely correlated positions to ECN Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ECN Capital 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 ECN Capital - 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 ECN Capital Corp to buy it.
The correlation of ECN Capital 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 ECN Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ECN Capital Corp 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 ECN Capital 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 ECN Capital position
In addition to having ECN Capital 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 Real Estate Thematic Idea Now
Real Estate
Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate theme has 41 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 Real Estate Theme or any other thematic opportunities.
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Other Information on Investing in ECN Pink Sheet
To fully project ECN Capital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ECN Capital Corp 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 ECN Capital's income statement, its balance sheet, and the statement of cash flows.