Manila Electric Total Debt vs. Cash And Equivalents
| MER Stock | 452.00 12.60 2.71% |
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.
Manila |
Manila Electric Cash And Equivalents vs. Total Debt 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 rated top company in total debt category among its peers. It also is considered to be number one stock in cash and equivalents category among its peers creating about 0.65 of Cash And Equivalents per Total Debt. The ratio of Total Debt to Cash And Equivalents for Manila Electric Co is roughly 1.55 . 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 Total Debt vs. Competition
Manila Electric Co is rated top company in total debt category among its peers. Total debt of Electrical Utilities & IPPs industry is now estimated at about 119.21 Billion. Manila Electric totals roughly 52.72 Billion in total debt claiming about 44% of equities under Electrical Utilities & IPPs industry.
Manila Cash And Equivalents vs. Total Debt
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.
Manila Electric |
| = | 52.72 B |
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.
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 |
| = | 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).
Manila Cash And Equivalents Comparison
Manila Electric is currently under evaluation in cash and equivalents category among its peers.
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.Use Investing Themes to Complement your Manila Electric position
In addition to having Manila Electric 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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Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 constituents at this time.
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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.