Macquarie Technology Price To Book vs. Total Debt

MAQ Stock   87.24  0.70  0.80%   
Based on the key profitability measurements obtained from Macquarie Technology's financial statements, Macquarie Technology Group may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Macquarie Technology's ability to earn profits and add value for shareholders.
For Macquarie Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Macquarie Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Macquarie Technology Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Macquarie Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Macquarie Technology Group over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Macquarie Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macquarie Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macquarie Technology'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.

Macquarie Technology Total Debt vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Macquarie Technology's current stock value. Our valuation model uses many indicators to compare Macquarie Technology value to that of its competitors to determine the firm's financial worth.
Macquarie Technology Group is considered to be number one stock in price to book category among its peers. It also is rated top company in total debt category among its peers making up about  27,354,329  of Total Debt per Price To Book. 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 Macquarie Technology's earnings, one of the primary drivers of an investment's value.

Macquarie Total Debt vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Macquarie Technology

P/B

 = 

MV Per Share

BV Per Share

 = 
4.98 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.

Macquarie Technology

Total Debt

 = 

Bonds

+

Notes

 = 
136.19 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.

Macquarie Total Debt vs Competition

Macquarie Technology Group is rated top company in total debt category among its peers. Total debt of Communication Services industry is now estimated at about 290.22 Billion. Macquarie Technology adds roughly 136.19 Million in total debt claiming only tiny portion of stocks in Communication Services industry.
Total debt  Revenue  Valuation  Capitalization  Workforce

Macquarie Technology Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Macquarie Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Macquarie Technology will eventually generate negative long term returns. The profitability progress is the general direction of Macquarie Technology's change in net profit over the period of time. It can combine multiple indicators of Macquarie Technology, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income5.9 M6.2 M
Operating Income23.7 M11.9 M
Income Before Tax21.3 M22.3 M
Total Other Income Expense Net-2.4 M-2.5 M
Net Income14.8 M15.6 M
Income Tax Expense6.4 M6.8 M
Net Income Applicable To Common Shares20.3 M12.1 M
Net Income From Continuing Ops33 M34.7 M
Interest Income4.1 M2.7 M
Net Interest Income-3.8 M-4 M
Change To Netincome16.3 M17.1 M

Macquarie Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Macquarie Technology. 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 Macquarie Technology 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 Macquarie Technology's important profitability drivers and their relationship over time.

Use Macquarie Technology 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 Macquarie Technology 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 Macquarie Technology will appreciate offsetting losses from the drop in the long position's value.

Macquarie Technology Pair Trading

Macquarie Technology Group Pair Trading Analysis

The ability to find closely correlated positions to Macquarie Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Macquarie Technology 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 Macquarie Technology - 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 Macquarie Technology Group to buy it.
The correlation of Macquarie Technology 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 Macquarie Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Macquarie Technology 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 Macquarie Technology 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Macquarie Technology position

In addition to having Macquarie Technology 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 Personal Services Thematic Idea Now

Personal Services
Personal Services Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services theme has 61 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 Personal Services Theme or any other thematic opportunities.
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Additional Tools for Macquarie Stock Analysis

When running Macquarie Technology's price analysis, check to measure Macquarie Technology'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 Macquarie Technology is operating at the current time. Most of Macquarie Technology's value examination focuses on studying past and present price action to predict the probability of Macquarie Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macquarie Technology's price. Additionally, you may evaluate how the addition of Macquarie Technology to your portfolios can decrease your overall portfolio volatility.