Enlight Renewable Total Debt vs. Price To Sales
| ENLT Stock | 16.38 0.07 0.43% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.34 | 0.5438 |
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For Enlight Renewable profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Enlight Renewable to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Enlight Renewable Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Enlight Renewable's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Enlight Renewable Energy over time as well as its relative position and ranking within its peers.
Enlight |
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enlight Renewable. If investors know Enlight will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enlight Renewable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Earnings Share 0.44 | Revenue Per Share 2.604 | Quarterly Revenue Growth 0.611 | Return On Assets 0.017 |
The market value of Enlight Renewable Energy is measured differently than its book value, which is the value of Enlight that is recorded on the company's balance sheet. Investors also form their own opinion of Enlight Renewable's value that differs from its market value or its book value, called intrinsic value, which is Enlight Renewable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enlight Renewable's market value can be influenced by many factors that don't directly affect Enlight Renewable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enlight Renewable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enlight Renewable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enlight Renewable'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.
Enlight Renewable Energy Price To Sales vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Enlight Renewable's current stock value. Our valuation model uses many indicators to compare Enlight Renewable value to that of its competitors to determine the firm's financial worth. Enlight Renewable Energy is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in price to sales category among its peers . The ratio of Total Debt to Price To Sales for Enlight Renewable Energy is about 425,744,070 . At this time, Enlight Renewable's Price To Sales Ratio is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Enlight Renewable 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.Enlight Total Debt vs. Competition
Enlight Renewable Energy 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 47.4 Billion. Enlight Renewable holds roughly 2.7 Billion in total debt claiming about 6% of Utilities industry.
Enlight Price To Sales 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.
Enlight Renewable |
| = | 2.7 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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Enlight Renewable |
| = | 6.34 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Enlight Price To Sales Comparison
Enlight Renewable is currently under evaluation in price to sales category among its peers.
Enlight Renewable Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Enlight Renewable, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Enlight Renewable will eventually generate negative long term returns. The profitability progress is the general direction of Enlight Renewable's change in net profit over the period of time. It can combine multiple indicators of Enlight Renewable, 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 | 16 M | 13.1 M | |
| Operating Income | 158.1 M | 166.1 M | |
| Income Before Tax | 126.5 M | 132.8 M | |
| Total Other Income Expense Net | -31.7 M | -30.1 M | |
| Net Income | 98 M | 102.9 M | |
| Income Tax Expense | 28.4 M | 29.8 M | |
| Net Interest Income | -46 M | -48.3 M | |
| Interest Income | 21.9 M | 39.2 M | |
| Net Income From Continuing Ops | 98 M | 102.9 M | |
| Net Income Applicable To Common Shares | 28.5 M | 29.9 M | |
| Change To Netincome | 33.3 M | 48.2 M | |
| Net Income Per Share | 0.57 | 0.60 | |
| Income Quality | 1.53 | 1.60 | |
| Net Income Per E B T | 0.56 | 0.37 |
Enlight Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Enlight Renewable. 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 Enlight Renewable 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 Enlight Renewable's important profitability drivers and their relationship over time.
Use Enlight Renewable 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 Enlight Renewable 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 Enlight Renewable will appreciate offsetting losses from the drop in the long position's value.Enlight Renewable Pair Trading
Enlight Renewable Energy Pair Trading Analysis
The ability to find closely correlated positions to Enlight Renewable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enlight Renewable 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 Enlight Renewable - 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 Enlight Renewable Energy to buy it.
The correlation of Enlight Renewable 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 Enlight Renewable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enlight Renewable 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 Enlight Renewable 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 Enlight Renewable position
In addition to having Enlight Renewable 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 Diversified Assets Thematic Idea Now
Diversified Assets
Pablicly traded close-end funds and other entities backed by different types of diversified investments. The Diversified Assets theme has 38 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 Diversified Assets Theme or any other thematic opportunities.
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Additional Tools for Enlight Stock Analysis
When running Enlight Renewable's price analysis, check to measure Enlight Renewable'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 Enlight Renewable is operating at the current time. Most of Enlight Renewable's value examination focuses on studying past and present price action to predict the probability of Enlight Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enlight Renewable's price. Additionally, you may evaluate how the addition of Enlight Renewable to your portfolios can decrease your overall portfolio volatility.