Global Ferronickel Total Debt vs. Cash And Equivalents
| FNI Stock | 1.04 0.01 0.95% |
For Global Ferronickel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Global Ferronickel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Global Ferronickel Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Global Ferronickel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Global Ferronickel Holdings over time as well as its relative position and ranking within its peers.
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Global Ferronickel Cash And Equivalents vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Global Ferronickel's current stock value. Our valuation model uses many indicators to compare Global Ferronickel value to that of its competitors to determine the firm's financial worth. Global Ferronickel Holdings is rated # 5 in total debt category among its peers. It is rated # 4 in cash and equivalents category among its peers creating about 0.07 of Cash And Equivalents per Total Debt. The ratio of Total Debt to Cash And Equivalents for Global Ferronickel Holdings is roughly 15.17 . 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 Global Ferronickel's earnings, one of the primary drivers of an investment's value.Global Total Debt vs. Competition
Global Ferronickel Holdings is rated # 5 in total debt category among its peers. Total debt of Metals & Mining industry is currently estimated at about 24.28 Billion. Global Ferronickel holds roughly 1.09 Billion in total debt claiming about 5% of all equities under Metals & Mining industry.
Global Cash And Equivalents 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.
Global Ferronickel |
| = | 1.09 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.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Global Ferronickel |
| = | 72.13 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Global Cash And Equivalents Comparison
Global Ferronickel is rated # 3 in cash and equivalents category among its peers.
Global Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Global Ferronickel. 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 Global Ferronickel 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 Global Ferronickel's important profitability drivers and their relationship over time.
Use Global Ferronickel 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 Global Ferronickel 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 Global Ferronickel will appreciate offsetting losses from the drop in the long position's value.Global Ferronickel Pair Trading
Global Ferronickel Holdings Pair Trading Analysis
The ability to find closely correlated positions to Global Ferronickel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Ferronickel 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 Global Ferronickel - 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 Global Ferronickel Holdings to buy it.
The correlation of Global Ferronickel 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 Global Ferronickel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Ferronickel 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 Global Ferronickel 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 Global Ferronickel position
In addition to having Global Ferronickel 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 Global Stock
To fully project Global Ferronickel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Global Ferronickel 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 Global Ferronickel's income statement, its balance sheet, and the statement of cash flows.