Manila Electric Cash And Equivalents vs. Revenue

MER Stock   486.00  34.00  7.52%   
Based on the measurements of profitability obtained from Manila Electric's financial statements, Manila Electric Co may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Manila Electric's ability to earn profits and add value for shareholders.
For Manila Electric profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Manila Electric to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Manila Electric Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Manila Electric's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Manila Electric Co 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 Manila Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manila Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manila Electric'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.

Manila Electric Revenue vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Manila Electric's current stock value. Our valuation model uses many indicators to compare Manila Electric value to that of its competitors to determine the firm's financial worth.
Manila Electric Co is considered to be number one stock in cash and equivalents category among its peers. It also is rated top company in revenue category among its peers totaling about  9.34  of Revenue per Cash And Equivalents. 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 Manila Electric's earnings, one of the primary drivers of an investment's value.

Manila Revenue 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.

Manila Electric

Cash

 = 

Bank Deposits

+

Liquidities

 = 
34.12 B
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).
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Manila Electric

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
318.55 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Manila Revenue vs Competition

Manila Electric Co is rated top company in revenue category among its peers. Market size based on revenue of Electrical Utilities & IPPs industry is now estimated at about 435.41 Billion. Manila Electric totals roughly 318.55 Billion in revenue claiming about 73% of equities under Electrical Utilities & IPPs industry.

Manila Profitability Driver Comparison

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

Use Manila Electric 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 Manila Electric 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 Manila Electric will appreciate offsetting losses from the drop in the long position's value.

Manila Electric Pair Trading

Manila Electric Co Pair Trading Analysis

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

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Tips ETFs Theme
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Other Information on Investing in Manila Stock

To fully project Manila Electric's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Manila Electric 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 Manila Electric's income statement, its balance sheet, and the statement of cash flows.
Potential Manila Electric investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Manila Electric investors may work on each financial statement separately, they are all related. The changes in Manila Electric's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Manila Electric's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.