Keynote Financial Cash And Equivalents vs. Gross Profit
| KEYFINSERV | 247.25 4.77 1.89% |
Cash And Equivalents | First Reported 2010-12-31 | Previous Quarter 118.7 M | Current Value 202.9 M | Quarterly Volatility 75.4 M |
For Keynote Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Keynote Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Keynote Financial Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Keynote Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Keynote Financial Services over time as well as its relative position and ranking within its peers.
Keynote |
Keynote Financial Gross Profit vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Keynote Financial's current stock value. Our valuation model uses many indicators to compare Keynote Financial value to that of its competitors to determine the firm's financial worth. Keynote Financial Services is rated second overall in cash and equivalents category among its peers. It also is rated second overall in gross profit category among its peers fabricating about 1.13 of Gross Profit per Cash And Equivalents. At this time, Keynote Financial's Cash And Equivalents is comparatively 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 Keynote Financial's earnings, one of the primary drivers of an investment's value.Keynote Gross Profit vs. Cash And Equivalents
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.
Keynote Financial |
| = | 131.92 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).
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Keynote Financial |
| = | 148.99 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Keynote Gross Profit Comparison
Keynote Financial is currently under evaluation in gross profit category among its peers.
Keynote Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Keynote Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Keynote Financial will eventually generate negative long term returns. The profitability progress is the general direction of Keynote Financial's change in net profit over the period of time. It can combine multiple indicators of Keynote Financial, 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 | ||
| Operating Income | 430.3 M | 451.8 M | |
| Income Before Tax | 354.9 M | 372.6 M | |
| Net Income | 267.9 M | 281.2 M | |
| Income Tax Expense | 76.9 M | 80.7 M | |
| Total Other Income Expense Net | -75.4 M | -71.6 M | |
| Interest Income | 52.1 M | 33 M | |
| Net Loss | -18.7 M | -17.8 M | |
| Net Income From Continuing Ops | 267.9 M | 281.2 M | |
| Net Interest Income | -2.9 M | -2.8 M | |
| Change To Netincome | 43.3 M | 45.5 M |
Keynote Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Keynote Financial. 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 Keynote Financial 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 Keynote Financial's important profitability drivers and their relationship over time.
Use Keynote Financial 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 Keynote Financial 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 Keynote Financial will appreciate offsetting losses from the drop in the long position's value.Keynote Financial Pair Trading
Keynote Financial Services Pair Trading Analysis
The ability to find closely correlated positions to Keynote Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Keynote Financial 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 Keynote Financial - 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 Keynote Financial Services to buy it.
The correlation of Keynote Financial 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 Keynote Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Keynote Financial 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 Keynote Financial 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 Keynote Financial position
In addition to having Keynote Financial 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 Large Value Funds Thematic Idea Now
Large Value Funds
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value Funds theme has 37 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 Large Value Funds Theme or any other thematic opportunities.
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Additional Tools for Keynote Stock Analysis
When running Keynote Financial's price analysis, check to measure Keynote Financial'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 Keynote Financial is operating at the current time. Most of Keynote Financial's value examination focuses on studying past and present price action to predict the probability of Keynote Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Keynote Financial's price. Additionally, you may evaluate how the addition of Keynote Financial to your portfolios can decrease your overall portfolio volatility.