Hiscox Total Debt vs. Debt To Equity
| HCXLY Stock | USD 27.50 0.13 0.47% |
For Hiscox profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hiscox to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hiscox utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hiscox's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hiscox over time as well as its relative position and ranking within its peers.
Hiscox |
Hiscox Debt To Equity vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hiscox's current stock value. Our valuation model uses many indicators to compare Hiscox value to that of its competitors to determine the firm's financial worth. Hiscox is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in debt to equity category among its peers . The ratio of Total Debt to Debt To Equity for Hiscox is about 2,555,670,103 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hiscox by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hiscox's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Hiscox Total Debt vs. Competition
Hiscox is rated as one of the top companies in total debt category among its peers. Total debt of Insurance—Property & Casualty industry is currently estimated at about 2.96 Billion. Hiscox totals roughly 743.7 Million in total debt claiming about 25% of equities under Insurance—Property & Casualty industry.
Hiscox Debt To Equity 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.
Hiscox |
| = | 743.7 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.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Hiscox |
| = | 0.29 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Hiscox Debt To Equity Comparison
Hiscox is currently under evaluation in debt to equity category among its peers.
Hiscox Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hiscox, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hiscox will eventually generate negative long term returns. The profitability progress is the general direction of Hiscox's change in net profit over the period of time. It can combine multiple indicators of Hiscox, 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.
Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. Hiscox Ltd was founded in 1901 and is based in Pembroke, Bermuda. Hiscox is traded on OTC Exchange in the United States.
Hiscox Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hiscox. 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 Hiscox 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 Hiscox's important profitability drivers and their relationship over time.
Use Hiscox 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 Hiscox 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 Hiscox will appreciate offsetting losses from the drop in the long position's value.Hiscox Pair Trading
Hiscox Pair Trading Analysis
The ability to find closely correlated positions to Hiscox could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hiscox 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 Hiscox - 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 Hiscox to buy it.
The correlation of Hiscox 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 Hiscox moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hiscox 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 Hiscox 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 Hiscox position
In addition to having Hiscox 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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Additional Tools for Hiscox Pink Sheet Analysis
When running Hiscox's price analysis, check to measure Hiscox'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 Hiscox is operating at the current time. Most of Hiscox's value examination focuses on studying past and present price action to predict the probability of Hiscox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hiscox's price. Additionally, you may evaluate how the addition of Hiscox to your portfolios can decrease your overall portfolio volatility.