NightFood Holdings Net Income vs. Debt To Equity
| NGTF Stock | USD 0.01 0.0007 6.36% |
For NightFood Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NightFood Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NightFood Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NightFood Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NightFood Holdings over time as well as its relative position and ranking within its peers.
NightFood |
NightFood Holdings Debt To Equity vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NightFood Holdings's current stock value. Our valuation model uses many indicators to compare NightFood Holdings value to that of its competitors to determine the firm's financial worth. NightFood Holdings is considered to be number one stock in net income category among its peers. It also is considered to be number one stock in debt to equity category among its peers . 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 NightFood Holdings' earnings, one of the primary drivers of an investment's value.NightFood Debt To Equity vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
NightFood Holdings |
| = | (2.52 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
NightFood Holdings |
| = | 1.29 % |
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.
NightFood Debt To Equity Comparison
NightFood Holdings is currently under evaluation in debt to equity category among its peers.
NightFood Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NightFood Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NightFood Holdings will eventually generate negative long term returns. The profitability progress is the general direction of NightFood Holdings' change in net profit over the period of time. It can combine multiple indicators of NightFood Holdings, 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.
Nightfood Holdings, Inc., through its subsidiaries, engages in the manufacture, marketing, and distribution of sleep-friendly snack food products in the United States. Nightfood Holdings, Inc. was founded in 2010 and is based in Tarrytown, New York. Nightfood Holdings operates under Packaged Foods classification in the United States and is traded on OTC Exchange.
NightFood Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NightFood Holdings. 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 NightFood Holdings 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 NightFood Holdings' important profitability drivers and their relationship over time.
Use NightFood Holdings 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 NightFood Holdings 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 NightFood Holdings will appreciate offsetting losses from the drop in the long position's value.NightFood Holdings Pair Trading
NightFood Holdings Pair Trading Analysis
The ability to find closely correlated positions to NightFood Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NightFood Holdings 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 NightFood Holdings - 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 NightFood Holdings to buy it.
The correlation of NightFood Holdings 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 NightFood Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NightFood Holdings 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 NightFood Holdings 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 NightFood Holdings position
In addition to having NightFood Holdings 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 NightFood OTC Stock
To fully project NightFood Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NightFood Holdings 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 NightFood Holdings' income statement, its balance sheet, and the statement of cash flows.