Gangotri Textiles Total Debt vs. Beta
| GANGOTRI | 1.20 0.01 0.84% |
For Gangotri Textiles profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gangotri Textiles to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gangotri Textiles Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gangotri Textiles's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gangotri Textiles Limited over time as well as its relative position and ranking within its peers.
Gangotri |
Gangotri Textiles Beta vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gangotri Textiles's current stock value. Our valuation model uses many indicators to compare Gangotri Textiles value to that of its competitors to determine the firm's financial worth. Gangotri Textiles Limited is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in beta 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 Gangotri Textiles' earnings, one of the primary drivers of an investment's value.Gangotri Total Debt vs. Competition
Gangotri Textiles Limited is rated as one of the top companies in total debt category among its peers. Total debt of Consumer Discretionary industry is currently estimated at about 52.34 Trillion. Gangotri Textiles adds roughly 2.46 Billion in total debt claiming only tiny portion of stocks in Consumer Discretionary industry.
Gangotri Beta 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.
Gangotri Textiles |
| = | 2.46 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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Gangotri Textiles |
| = | -0.059 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Gangotri Beta Comparison
Gangotri Textiles is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, returns on owning Gangotri Textiles are expected to decrease at a much lower rate. During the bear market, Gangotri Textiles is likely to outperform the market.
Gangotri Textiles Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gangotri Textiles, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gangotri Textiles will eventually generate negative long term returns. The profitability progress is the general direction of Gangotri Textiles' change in net profit over the period of time. It can combine multiple indicators of Gangotri Textiles, 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 | -3.4 B | -3.6 B | |
| Operating Income | -749 K | -786.5 K | |
| Income Before Tax | -749 K | -786.5 K | |
| Total Other Income Expense Net | -749 K | -786.5 K | |
| Net Loss | -749 K | -786.5 K | |
| Income Tax Expense | -749 K | -786.5 K | |
| Net Loss | -9.9 M | -10.4 M | |
| Change To Netincome | 0.90 | 0.86 |
Gangotri Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gangotri Textiles. 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 Gangotri Textiles 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 Gangotri Textiles' important profitability drivers and their relationship over time.
Use Gangotri Textiles 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 Gangotri Textiles 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 Gangotri Textiles will appreciate offsetting losses from the drop in the long position's value.Gangotri Textiles Pair Trading
Gangotri Textiles Limited Pair Trading Analysis
The ability to find closely correlated positions to Gangotri Textiles could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gangotri Textiles 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 Gangotri Textiles - 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 Gangotri Textiles Limited to buy it.
The correlation of Gangotri Textiles 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 Gangotri Textiles moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gangotri Textiles 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 Gangotri Textiles 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 Gangotri Textiles position
In addition to having Gangotri Textiles 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 Recreation Thematic Idea Now
Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 45 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 Recreation Theme or any other thematic opportunities.
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Additional Tools for Gangotri Stock Analysis
When running Gangotri Textiles' price analysis, check to measure Gangotri Textiles' 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 Gangotri Textiles is operating at the current time. Most of Gangotri Textiles' value examination focuses on studying past and present price action to predict the probability of Gangotri Textiles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gangotri Textiles' price. Additionally, you may evaluate how the addition of Gangotri Textiles to your portfolios can decrease your overall portfolio volatility.