Primega Group Total Debt vs. Total Asset
| PGHL Stock | 1.34 0.15 10.07% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.16 | 0.19 |
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| Net Profit Margin | 0.0796 | 0.0729 |
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| Operating Profit Margin | 0.088 | 0.0957 |
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| Pretax Profit Margin | 0.096 | 0.0894 |
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| Return On Assets | 0.096 | 0.0735 |
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| Return On Equity | 0.28 | 0.29 |
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For Primega Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Primega Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Primega Group Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Primega Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Primega Group Holdings over time as well as its relative position and ranking within its peers.
Primega |
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primega Group. If investors know Primega will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primega Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Primega Group Holdings is measured differently than its book value, which is the value of Primega that is recorded on the company's balance sheet. Investors also form their own opinion of Primega Group's value that differs from its market value or its book value, called intrinsic value, which is Primega Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primega Group's market value can be influenced by many factors that don't directly affect Primega Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primega Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primega Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primega Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Primega Group Holdings Total Asset vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Primega Group's current stock value. Our valuation model uses many indicators to compare Primega Group value to that of its competitors to determine the firm's financial worth. Primega Group Holdings is regarded fourth in total debt category among its peers. It is considered to be number one stock in total asset category among its peers fabricating about 141.56 of Total Asset per Total Debt. At this time, Primega Group's Total Assets are quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Primega Group by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Primega Total Debt vs. Competition
Primega Group Holdings is regarded fourth in total debt category among its peers. Total debt of Industrials industry is at this time estimated at about 6.66 Billion. Primega Group adds roughly 94,435 in total debt claiming only tiny portion of equities under Industrials industry.
Primega Total Asset 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.
Primega Group |
| = | 94.44 K |
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.
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.
Primega Group |
| = | 13.37 M |
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.
Primega Total Asset Comparison
Primega Group is currently under evaluation in total asset category among its peers.
Primega Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Primega Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Primega Group will eventually generate negative long term returns. The profitability progress is the general direction of Primega Group's change in net profit over the period of time. It can combine multiple indicators of Primega Group, 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.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | -189.6 K | -199.1 K | |
| Operating Income | 1.6 M | 1.3 M | |
| Net Income From Continuing Ops | 1.3 M | 1.2 M | |
| Income Before Tax | 1.5 M | 1.4 M | |
| Total Other Income Expense Net | -84.9 K | -80.6 K | |
| Net Income | 1.3 M | 1.2 M | |
| Income Tax Expense | 283.6 K | 228.4 K | |
| Net Income Per Share | 0.04 | 0.04 | |
| Income Quality | 2.52 | 2.68 | |
| Net Income Per E B T | 0.94 | 0.92 |
Primega Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Primega Group. 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 Primega Group 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 Primega Group's important profitability drivers and their relationship over time.
Use Primega Group 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 Primega Group 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 Primega Group will appreciate offsetting losses from the drop in the long position's value.Primega Group Pair Trading
Primega Group Holdings Pair Trading Analysis
The ability to find closely correlated positions to Primega Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Primega Group 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 Primega Group - 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 Primega Group Holdings to buy it.
The correlation of Primega Group 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 Primega Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Primega Group 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 Primega Group 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 Primega Group position
In addition to having Primega Group 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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Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend Funds theme has 43 constituents at this time.
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To fully project Primega Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Primega Group 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 Primega Group's income statement, its balance sheet, and the statement of cash flows.