NanoTech Gaming EBITDA vs. Working Capital
| 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 Working Capital vs. EBITDA 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 ebitda category among its peers. It also is considered to be number one stock in working capital 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 Working Capital vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
NanoTech Gaming |
| = | (770.24 K) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
NanoTech Gaming |
| = | (342 K) |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
NanoTech Working Capital Comparison
NanoTech Gaming is currently under evaluation in working capital 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?
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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.