Michman Basad Debt To Equity vs. Book Value Per Share
| MCMN Stock | ILA 24,050 650.00 2.78% |
For Michman Basad profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Michman Basad to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Michman Basad utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Michman Basad's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Michman Basad over time as well as its relative position and ranking within its peers.
Michman |
Michman Basad Book Value Per Share vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Michman Basad's current stock value. Our valuation model uses many indicators to compare Michman Basad value to that of its competitors to determine the firm's financial worth. Michman Basad is considered to be number one stock in debt to equity category among its peers. It also is considered to be number one stock in book value per share category among its peers creating about 9.54 of Book Value Per Share per Debt To Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Michman Basad by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Michman Basad's Stock. 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.Michman Book Value Per Share vs. Debt To Equity
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.
Michman Basad |
| = | 6.69 % |
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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Michman Basad |
| = | 63.85 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Michman Book Value Per Share Comparison
Michman Basad is currently under evaluation in book value per share category among its peers.
Michman Basad Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Michman Basad, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Michman Basad will eventually generate negative long term returns. The profitability progress is the general direction of Michman Basad's change in net profit over the period of time. It can combine multiple indicators of Michman Basad, 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.
MICHMAN BESD LTD engages in the provision of finance against the receipt of deferred credits written by third parties in favor of the company. The company was incorporated in 2015 and is based in Bnei Brak, Israel. MICHMAN BASAD is traded on Tel Aviv Stock Exchange in Israel.
Michman Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Michman Basad. 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 Michman Basad 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 Michman Basad's important profitability drivers and their relationship over time.
Use Michman Basad 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 Michman Basad 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 Michman Basad will appreciate offsetting losses from the drop in the long position's value.Michman Basad Pair Trading
Michman Basad Pair Trading Analysis
The ability to find closely correlated positions to Michman Basad could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Michman Basad 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 Michman Basad - 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 Michman Basad to buy it.
The correlation of Michman Basad 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 Michman Basad moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Michman Basad 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 Michman Basad 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 Michman Basad position
In addition to having Michman Basad 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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Other Information on Investing in Michman Stock
To fully project Michman Basad's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Michman Basad 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 Michman Basad's income statement, its balance sheet, and the statement of cash flows.