ESE Entertainment Return On Equity vs. Net Income

ESE Stock  CAD 0.06  0.01  7.69%   
Based on ESE Entertainment's profitability indicators, ESE Entertainment may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess ESE Entertainment's ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(2.03)
Current Value
(2.13)
Quarterly Volatility
3.84638744
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, ESE Entertainment's Days Sales Outstanding is fairly stable compared to the past year. Days Of Sales Outstanding is likely to climb to 77.83 in 2024, whereas Price To Sales Ratio is likely to drop 0.42 in 2024. At this time, ESE Entertainment's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 188.1 K in 2024, whereas Income Before Tax is likely to drop (8.1 M) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.01010.0107
Notably Down
Slightly volatile
For ESE Entertainment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ESE Entertainment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ESE Entertainment utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ESE Entertainment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ESE Entertainment 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 ESE Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESE Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESE Entertainment'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.

ESE Entertainment Net Income vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining ESE Entertainment's current stock value. Our valuation model uses many indicators to compare ESE Entertainment value to that of its competitors to determine the firm's financial worth.
ESE Entertainment is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in net income category among its peers . At this time, ESE Entertainment's Return On Equity is fairly 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 ESE Entertainment's earnings, one of the primary drivers of an investment's value.

ESE Net Income vs. Return On Equity

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.

ESE Entertainment

Return On Equity

 = 

Net Income

Total Equity

 = 
-2.27
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.
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.

ESE Entertainment

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(7.89 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.

ESE Net Income Comparison

ESE Entertainment is currently under evaluation in net income category among its peers.

ESE Entertainment Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in ESE Entertainment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ESE Entertainment will eventually generate negative long term returns. The profitability progress is the general direction of ESE Entertainment's change in net profit over the period of time. It can combine multiple indicators of ESE Entertainment, 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 Income2.6 M2.7 M
Operating Income-7.9 M-8.2 M
Income Before Tax-7.7 M-8.1 M
Total Other Income Expense Net179.1 K188.1 K
Net Loss-7.1 M-7.5 M
Net Loss-26.5 M-25.1 M
Income Tax Expense-39.9 K-37.9 K
Net Interest Income-797.6 K-757.7 K
Net Loss-7.5 M-7.9 M
Interest Income16.3 K14.5 K
Change To Netincome31.3 M32.8 M
Net Loss(0.10)(0.11)
Income Quality 0.17  0.31 
Net Income Per E B T 0.86  1.16 

ESE Profitability Driver Comparison

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

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

ESE Entertainment Pair Trading

ESE Entertainment Pair Trading Analysis

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

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Additional Tools for ESE Stock Analysis

When running ESE Entertainment's price analysis, check to measure ESE Entertainment'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 ESE Entertainment is operating at the current time. Most of ESE Entertainment's value examination focuses on studying past and present price action to predict the probability of ESE Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESE Entertainment's price. Additionally, you may evaluate how the addition of ESE Entertainment to your portfolios can decrease your overall portfolio volatility.