Entertainment Network Gross Profit vs. Return On Equity

ENIL Stock   186.96  4.31  2.25%   
Taking into consideration Entertainment Network's profitability measurements, Entertainment Network Limited may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Entertainment Network's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
2005-06-30
Previous Quarter
172.5 M
Current Value
768.1 M
Quarterly Volatility
336.2 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
For Entertainment Network profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Entertainment Network to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Entertainment Network Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Entertainment Network's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Entertainment Network Limited over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Entertainment Network's value and its price as these two are different measures arrived at by different means. Investors typically determine if Entertainment Network is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entertainment Network'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.

Entertainment Network Return On Equity vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Entertainment Network's current stock value. Our valuation model uses many indicators to compare Entertainment Network value to that of its competitors to determine the firm's financial worth.
Entertainment Network Limited is one of the top stocks in gross profit category among its peers. It also is one of the top stocks in return on equity category among its peers . The ratio of Gross Profit to Return On Equity for Entertainment Network Limited is about  70,726,820,276 . At this time, Entertainment Network's Gross Profit is comparatively stable compared to the past year. 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 Entertainment Network's earnings, one of the primary drivers of an investment's value.

Entertainment Return On Equity vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Entertainment Network

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
3.07 B
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Entertainment Network

Return On Equity

 = 

Net Income

Total Equity

 = 
0.0434
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Entertainment Return On Equity Comparison

Entertainment Network is currently under evaluation in return on equity category among its peers.

Entertainment Network Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Entertainment Network, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Entertainment Network will eventually generate negative long term returns. The profitability progress is the general direction of Entertainment Network's change in net profit over the period of time. It can combine multiple indicators of Entertainment Network, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income6.5 M6.8 M
Income Before Tax397.1 M254.8 M
Net Loss-96.8 M-92 M
Net Income324.8 M385.7 M
Income Tax Expense67.2 M86.2 M
Operating Income537.7 M300.1 M
Total Other Income Expense Net-140.6 M-147.6 M
Net Income From Continuing Ops329.8 M242.3 M
Interest Income71.4 M109.5 M
Net Interest Income-153.8 M-161.5 M
Change To Netincome-132.3 M-138.9 M

Entertainment Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Entertainment Network. 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 Entertainment Network 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 Entertainment Network's important profitability drivers and their relationship over time.

Use Entertainment Network 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 Entertainment Network 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 Entertainment Network will appreciate offsetting losses from the drop in the long position's value.

Entertainment Network Pair Trading

Entertainment Network Limited Pair Trading Analysis

The ability to find closely correlated positions to Entertainment Network could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entertainment Network 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 Entertainment Network - 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 Entertainment Network Limited to buy it.
The correlation of Entertainment Network 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 Entertainment Network moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entertainment Network 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 Entertainment Network 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Entertainment Network position

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Additional Tools for Entertainment Stock Analysis

When running Entertainment Network's price analysis, check to measure Entertainment Network's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Entertainment Network is operating at the current time. Most of Entertainment Network's value examination focuses on studying past and present price action to predict the probability of Entertainment Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entertainment Network's price. Additionally, you may evaluate how the addition of Entertainment Network to your portfolios can decrease your overall portfolio volatility.