Konecranes Plc Price To Sales vs. Cash And Equivalents
| KCR Stock | EUR 66.95 0.50 0.75% |
For Konecranes Plc profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Konecranes Plc to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Konecranes Plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Konecranes Plc's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Konecranes Plc over time as well as its relative position and ranking within its peers.
Konecranes |
Konecranes Plc Cash And Equivalents vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Konecranes Plc's current stock value. Our valuation model uses many indicators to compare Konecranes Plc value to that of its competitors to determine the firm's financial worth. Konecranes Plc is currently regarded as number one stock in price to sales category among its peers. It also is currently regarded as number one stock in cash and equivalents category among its peers creating about 254,284,870 of Cash And Equivalents per Price To Sales. 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 Konecranes Plc's earnings, one of the primary drivers of an investment's value.Konecranes Cash And Equivalents vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Konecranes Plc |
| = | 0.68 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Konecranes Plc |
| = | 172.1 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).
Konecranes Cash And Equivalents Comparison
Konecranes Plc is currently under evaluation in cash and equivalents category among its peers.
Konecranes Plc Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Konecranes Plc, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Konecranes Plc will eventually generate negative long term returns. The profitability progress is the general direction of Konecranes Plc's change in net profit over the period of time. It can combine multiple indicators of Konecranes Plc, 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.
Konecranes Plc manufactures, sells, and services lifting equipment worldwide. The company was founded in 1910 and is headquartered in Hyvink, Finland. Konecranes Plc operates under Farm Construction Equipment classification in Finland and is traded on Helsinki Exchange. It employs 16058 people.
Konecranes Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Konecranes Plc. 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 Konecranes Plc 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 Konecranes Plc's important profitability drivers and their relationship over time.
Use Konecranes Plc 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 Konecranes Plc 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 Konecranes Plc will appreciate offsetting losses from the drop in the long position's value.Konecranes Plc Pair Trading
Konecranes Plc Pair Trading Analysis
The ability to find closely correlated positions to Konecranes Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Konecranes Plc 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 Konecranes Plc - 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 Konecranes Plc to buy it.
The correlation of Konecranes Plc 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 Konecranes Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Konecranes Plc 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 Konecranes Plc 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 Konecranes Plc position
In addition to having Konecranes Plc 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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Tobacco makers and distributors across globe. The Cigarettes theme has 47 constituents at this time.
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Other Information on Investing in Konecranes Stock
To fully project Konecranes Plc's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Konecranes Plc 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 Konecranes Plc's income statement, its balance sheet, and the statement of cash flows.