Pyxis Tankers Total Debt vs. Current Ratio
| PXSAPDelisted Preferred Stock | USD 24.97 0.00 0.00% |
For Pyxis Tankers profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pyxis Tankers to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pyxis Tankers utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pyxis Tankers's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pyxis Tankers over time as well as its relative position and ranking within its peers.
Pyxis |
Pyxis Tankers Current Ratio vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pyxis Tankers's current stock value. Our valuation model uses many indicators to compare Pyxis Tankers value to that of its competitors to determine the firm's financial worth. Pyxis Tankers is rated top company in total debt category among its peers. It also is considered to be number one stock in current ratio category among its peers . The ratio of Total Debt to Current Ratio for Pyxis Tankers is about 85,397,590 . 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 Pyxis Tankers' earnings, one of the primary drivers of an investment's value.Pyxis Total Debt vs. Competition
Pyxis Tankers is rated top company in total debt category among its peers. Total debt of Marine Shipping industry is at this time estimated at about 2.59 Billion. Pyxis Tankers holds roughly 70.88 Million in total debt claiming about 2.74% of all equities under Marine Shipping industry.
Pyxis Current Ratio 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.
Pyxis Tankers |
| = | 70.88 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.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Pyxis Tankers |
| = | 0.83 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Pyxis Current Ratio Comparison
Pyxis Tankers is currently under evaluation in current ratio category among its peers.
Pyxis Tankers Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pyxis Tankers, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pyxis Tankers will eventually generate negative long term returns. The profitability progress is the general direction of Pyxis Tankers' change in net profit over the period of time. It can combine multiple indicators of Pyxis Tankers, 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.
Pyxis Tankers Inc. operates as a maritime transportation company with a focus on the tanker sector in the United States. Pyxis Tankers Inc. was incorporated in 2015 and is based in Maroussi, Greece. Pyxis Tankers is traded on NASDAQ Exchange in the United States.
Pyxis Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pyxis Tankers. 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 Pyxis Tankers 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 Pyxis Tankers' important profitability drivers and their relationship over time.
Use Pyxis Tankers 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 Pyxis Tankers 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 Pyxis Tankers will appreciate offsetting losses from the drop in the long position's value.Pyxis Tankers Pair Trading
Pyxis Tankers Pair Trading Analysis
The ability to find closely correlated positions to Pyxis Tankers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pyxis Tankers 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 Pyxis Tankers - 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 Pyxis Tankers to buy it.
The correlation of Pyxis Tankers 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 Pyxis Tankers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pyxis Tankers 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 Pyxis Tankers 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 Pyxis Tankers position
In addition to having Pyxis Tankers 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 Rubber and Plastic Products Thematic Idea Now
Rubber and Plastic Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Rubber and Plastic Products theme has 27 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 Rubber and Plastic Products Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in Pyxis Preferred Stock
If you are still planning to invest in Pyxis Tankers check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Pyxis Tankers' history and understand the potential risks before investing.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |