Foxx Development Total Debt vs. Book Value Per Share
FOXX Stock | 5.82 0.45 7.18% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
---|---|---|---|---|---|---|---|---|---|
Gross Profit Margin | 0.0326 | 0.0359 |
|
|
For Foxx Development profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Foxx Development to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Foxx Development Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Foxx Development's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Foxx Development Holdings over time as well as its relative position and ranking within its peers.
Foxx |
Is Computers 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 Foxx Development. If investors know Foxx 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 Foxx Development listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.71) | Revenue Per Share 3.229 | Return On Assets (0.53) |
The market value of Foxx Development Holdings is measured differently than its book value, which is the value of Foxx that is recorded on the company's balance sheet. Investors also form their own opinion of Foxx Development's value that differs from its market value or its book value, called intrinsic value, which is Foxx Development'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 Foxx Development's market value can be influenced by many factors that don't directly affect Foxx Development'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 Foxx Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foxx Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foxx Development'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.
Foxx Development Holdings Book Value Per Share vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Foxx Development's current stock value. Our valuation model uses many indicators to compare Foxx Development value to that of its competitors to determine the firm's financial worth. Foxx Development Holdings is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in book value per share category among its peers . At this time, Foxx Development's Book Value Per Share 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 Foxx Development's earnings, one of the primary drivers of an investment's value.Foxx Total Debt vs. Competition
Foxx Development Holdings is rated as one of the top companies in total debt category among its peers. Total debt of Communication Equipment industry is currently estimated at about 14.47 Billion. Foxx Development adds roughly 6.81 Million in total debt claiming only tiny portion of stocks in Communication Equipment industry.
Foxx Book Value Per Share 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.
Foxx Development |
| = | 6.81 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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Foxx Development |
| = | (4.00) X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Foxx Book Value Per Share Comparison
Foxx Development is currently under evaluation in book value per share category among its peers.
Foxx Development Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Foxx Development, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Foxx Development will eventually generate negative long term returns. The profitability progress is the general direction of Foxx Development's change in net profit over the period of time. It can combine multiple indicators of Foxx Development, 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 | ||
Net Interest Income | -278.3 K | -264.4 K | |
Operating Income | -3.1 M | -3 M | |
Net Loss | -3.4 M | -3.3 M | |
Income Before Tax | -3.4 M | -3.2 M | |
Total Other Income Expense Net | -282.3 K | -268.2 K | |
Net Loss | -3.4 M | -3.3 M | |
Income Tax Expense | 19.8 K | 13.1 K | |
Net Loss | (0.47) | (0.45) | |
Income Quality | 1.36 | 1.43 | |
Net Income Per E B T | 1.01 | 0.74 |
Foxx Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Foxx Development. 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 Foxx Development 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 Foxx Development's important profitability drivers and their relationship over time.
Use Foxx Development 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 Foxx Development 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 Foxx Development will appreciate offsetting losses from the drop in the long position's value.Foxx Development Pair Trading
Foxx Development Holdings Pair Trading Analysis
The ability to find closely correlated positions to Foxx Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Foxx Development 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 Foxx Development - 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 Foxx Development Holdings to buy it.
The correlation of Foxx Development 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 Foxx Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Foxx Development Holdings 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 Foxx Development 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 Foxx Development position
In addition to having Foxx Development 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 Developed Markets Basket ETFs Thematic Idea Now
Developed Markets Basket ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Developed Markets Basket ETFs theme has 24 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 Developed Markets Basket ETFs Theme or any other thematic opportunities.
View All Next | Launch |
Additional Tools for Foxx Stock Analysis
When running Foxx Development's price analysis, check to measure Foxx Development'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 Foxx Development is operating at the current time. Most of Foxx Development's value examination focuses on studying past and present price action to predict the probability of Foxx Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foxx Development's price. Additionally, you may evaluate how the addition of Foxx Development to your portfolios can decrease your overall portfolio volatility.