Energy Development Return On Asset vs. Total Debt
| ENERGYDEV | 24.95 0.28 1.11% |
For Energy Development profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Energy Development to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Energy Development utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Energy Development's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Energy Development over time as well as its relative position and ranking within its peers.
Energy |
Energy Development Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Energy Development's current stock value. Our valuation model uses many indicators to compare Energy Development value to that of its competitors to determine the firm's financial worth. Energy Development is one of the top stocks in return on asset category among its peers. It also is rated as one of the top companies in total debt category among its peers making up about 85,468,666,667 of Total Debt 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 Energy Development's earnings, one of the primary drivers of an investment's value.Energy Total Debt 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.
Energy Development |
| = | 0.018 |
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.
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.
Energy Development |
| = | 1.54 B |
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.
Energy Total Debt vs Competition
Energy Development is rated as one of the top companies in total debt category among its peers. Total debt of Utilities industry is currently estimated at about 71.51 Trillion. Energy Development adds roughly 1.54 Billion in total debt claiming only tiny portion of Utilities industry.
Energy Development Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Energy Development, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Energy Development will eventually generate negative long term returns. The profitability progress is the general direction of Energy Development's change in net profit over the period of time. It can combine multiple indicators of Energy Development, 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 | 200.7 M | 194.4 M | |
| Operating Income | 53.5 M | 87.4 M | |
| Income Before Tax | -20 M | -19 M | |
| Total Other Income Expense Net | -73.5 M | -77.2 M | |
| Net Loss | -19.5 M | -18.5 M | |
| Income Tax Expense | -517.5 K | -543.4 K | |
| Net Loss | -24.9 M | -26.2 M | |
| Net Income Applicable To Common Shares | 48.5 M | 50.9 M | |
| Interest Income | 124.1 M | 171.8 M | |
| Net Interest Income | -113.8 M | -119.5 M | |
| Change To Netincome | 109.4 M | 110.8 M |
Energy Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Energy Development. 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 Energy Development 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 Energy Development's important profitability drivers and their relationship over time.
Use Energy Development 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 Energy Development 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 Energy Development will appreciate offsetting losses from the drop in the long position's value.Energy Development Pair Trading
Energy Development Pair Trading Analysis
The ability to find closely correlated positions to Energy Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Development 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 Energy Development - 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 Energy Development to buy it.
The correlation of Energy Development 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 Energy Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Development 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 Energy Development 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 Energy Development position
In addition to having Energy Development 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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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Other Information on Investing in Energy Stock
To fully project Energy Development's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Energy Development 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 Energy Development's income statement, its balance sheet, and the statement of cash flows.