NanoTech Gaming Cash Flow From Operations vs. Total Asset
| NTGL Stock | USD 0.0001 0.00 0.00% |
For NanoTech Gaming profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NanoTech Gaming to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NanoTech Gaming utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NanoTech Gaming's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NanoTech Gaming over time as well as its relative position and ranking within its peers.
NanoTech |
NanoTech Gaming Total Asset vs. Cash Flow From Operations Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NanoTech Gaming's current stock value. Our valuation model uses many indicators to compare NanoTech Gaming value to that of its competitors to determine the firm's financial worth. NanoTech Gaming is considered to be number one stock in cash flow from operations category among its peers. It also is considered to be number one stock in total asset 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 NanoTech Gaming's earnings, one of the primary drivers of an investment's value.NanoTech Total Asset vs. Cash Flow From Operations
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
NanoTech Gaming |
| = | (327.45 K) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
NanoTech Gaming |
| = | 748.37 K |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
NanoTech Total Asset Comparison
NanoTech Gaming is currently under evaluation in total asset category among its peers.
NanoTech Gaming Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NanoTech Gaming, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NanoTech Gaming will eventually generate negative long term returns. The profitability progress is the general direction of NanoTech Gaming's change in net profit over the period of time. It can combine multiple indicators of NanoTech Gaming, 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.
NanoTech Gaming, Inc. develops gaming products in the United States. As of February 2, 2015, NanoTech Gaming, Inc. operates as a subsidiary of NanoTech Entertainment, Inc. Nanotech Gaming operates under Gambling classification in the United States and is traded on OTC Exchange. It employs 21 people.
NanoTech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NanoTech Gaming. 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 NanoTech Gaming 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 NanoTech Gaming's important profitability drivers and their relationship over time.
Use NanoTech Gaming 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 NanoTech Gaming 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 NanoTech Gaming will appreciate offsetting losses from the drop in the long position's value.NanoTech Gaming Pair Trading
NanoTech Gaming Pair Trading Analysis
The ability to find closely correlated positions to NanoTech Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NanoTech Gaming 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 NanoTech Gaming - 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 NanoTech Gaming to buy it.
The correlation of NanoTech Gaming 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 NanoTech Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NanoTech Gaming 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 NanoTech Gaming 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 NanoTech Gaming position
In addition to having NanoTech Gaming 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 Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 12 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 Convertibles Funds Theme or any other thematic opportunities.
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Other Information on Investing in NanoTech Pink Sheet
To fully project NanoTech Gaming's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NanoTech Gaming 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 NanoTech Gaming's income statement, its balance sheet, and the statement of cash flows.