Oceania Healthcare Return On Equity vs. Total Debt
| OCA Stock | 0.67 0.01 1.47% |
For Oceania Healthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oceania Healthcare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oceania Healthcare utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oceania Healthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oceania Healthcare over time as well as its relative position and ranking within its peers.
Oceania |
Oceania Healthcare Total Debt vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Oceania Healthcare's current stock value. Our valuation model uses many indicators to compare Oceania Healthcare value to that of its competitors to determine the firm's financial worth. Oceania Healthcare is considered to be number one stock in return on equity category among its peers. It also is rated top company in total debt category among its peers making up about 20,559,085,174 of Total Debt per Return On Equity. 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 Oceania Healthcare's earnings, one of the primary drivers of an investment's value.Oceania Total Debt vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Oceania Healthcare |
| = | 0.0317 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Oceania Healthcare |
| = | 651.72 M |
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.
Oceania Total Debt vs Competition
Oceania Healthcare is rated top company in total debt category among its peers. Total debt of Health Care industry is now estimated at about 1.21 Billion. Oceania Healthcare totals roughly 651.72 Million in total debt claiming about 54% of equities under Health Care industry.
Oceania Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Oceania Healthcare. 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 Oceania Healthcare 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 Oceania Healthcare's important profitability drivers and their relationship over time.
Use Oceania Healthcare 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 Oceania Healthcare 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 Oceania Healthcare will appreciate offsetting losses from the drop in the long position's value.Oceania Healthcare Pair Trading
Oceania Healthcare Pair Trading Analysis
The ability to find closely correlated positions to Oceania Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oceania Healthcare 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 Oceania Healthcare - 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 Oceania Healthcare to buy it.
The correlation of Oceania Healthcare 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 Oceania Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oceania Healthcare 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 Oceania Healthcare 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 Oceania Healthcare position
In addition to having Oceania Healthcare 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 Alternative Currency ETFs Thematic Idea Now
Alternative Currency ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Alternative Currency ETFs theme has 48 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 Alternative Currency ETFs Theme or any other thematic opportunities.
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Additional Tools for Oceania Stock Analysis
When running Oceania Healthcare's price analysis, check to measure Oceania Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oceania Healthcare is operating at the current time. Most of Oceania Healthcare's value examination focuses on studying past and present price action to predict the probability of Oceania Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oceania Healthcare's price. Additionally, you may evaluate how the addition of Oceania Healthcare to your portfolios can decrease your overall portfolio volatility.