Entourage Health Total Debt vs. Profit Margin
| ETRGF Stock | USD 0.01 0.0003 4.00% |
For Entourage Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Entourage Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Entourage Health Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Entourage Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Entourage Health Corp over time as well as its relative position and ranking within its peers.
Entourage |
Entourage Health Corp Profit Margin vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Entourage Health's current stock value. Our valuation model uses many indicators to compare Entourage Health value to that of its competitors to determine the firm's financial worth. Entourage Health Corp is rated # 2 in total debt category among its peers. It is rated # 3 in profit margin category among its peers . 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 Entourage Health's earnings, one of the primary drivers of an investment's value.Entourage Total Debt vs. Competition
Entourage Health Corp is rated # 2 in total debt category among its peers. Total debt of Drug Manufacturers—Specialty & Generic industry is currently estimated at about 16.61 Million. Entourage Health totals roughly 4.57 Million in total debt claiming about 28% of equities under Drug Manufacturers—Specialty & Generic industry.
Entourage Profit Margin 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.
Entourage Health |
| = | 4.57 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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Entourage Health |
| = | (1.86) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Entourage Profit Margin Comparison
Entourage Health is currently under evaluation in profit margin category among its peers.
Entourage Health Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Entourage Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Entourage Health will eventually generate negative long term returns. The profitability progress is the general direction of Entourage Health's change in net profit over the period of time. It can combine multiple indicators of Entourage Health, 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.
Entourage Health Corp. engages in the production and distribution of cannabis products for medical and adult-use markets in Canada. The company was formerly known as WeedMD Inc. and changed its name to Entourage Health Corp. in July 2021. Entourage Health is traded on OTC Exchange in the United States.
Entourage Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Entourage Health. 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 Entourage Health 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 Entourage Health's important profitability drivers and their relationship over time.
Use Entourage Health 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 Entourage Health 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 Entourage Health will appreciate offsetting losses from the drop in the long position's value.Entourage Health Pair Trading
Entourage Health Corp Pair Trading Analysis
The ability to find closely correlated positions to Entourage Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entourage Health 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 Entourage Health - 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 Entourage Health Corp to buy it.
The correlation of Entourage Health 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 Entourage Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entourage Health 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 Entourage Health 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 Entourage Health position
In addition to having Entourage Health 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?
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Other Information on Investing in Entourage Pink Sheet
To fully project Entourage Health's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Entourage Health 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 Entourage Health's income statement, its balance sheet, and the statement of cash flows.