SaltX Technology Total Debt vs. Cash And Equivalents
| SALT-B Stock | SEK 3.79 0.04 1.04% |
For SaltX Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SaltX Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SaltX Technology Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SaltX Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SaltX Technology Holding over time as well as its relative position and ranking within its peers.
SaltX |
SaltX Technology Holding Cash And Equivalents vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SaltX Technology's current stock value. Our valuation model uses many indicators to compare SaltX Technology value to that of its competitors to determine the firm's financial worth. SaltX Technology Holding is currently regarded number one company in total debt category among its peers. It also is currently regarded as top stock in cash and equivalents category among its peers creating about 1.88 of Cash And Equivalents per Total Debt. Comparative valuation analysis is a catch-all model that can be used if you cannot value SaltX Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SaltX Technology's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.SaltX Total Debt vs. Competition
SaltX Technology Holding is currently regarded number one company in total debt category among its peers. Total debt of Diversified Industrials industry is at this time estimated at about 575.1 Million. SaltX Technology holds roughly 27.18 Million in total debt claiming about 5% of equities under Diversified Industrials industry.
SaltX Cash And Equivalents 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.
SaltX Technology |
| = | 27.18 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.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
SaltX Technology |
| = | 51.16 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
SaltX Cash And Equivalents Comparison
SaltX Technology is currently under evaluation in cash and equivalents category among its peers.
SaltX Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SaltX Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SaltX Technology will eventually generate negative long term returns. The profitability progress is the general direction of SaltX Technology's change in net profit over the period of time. It can combine multiple indicators of SaltX Technology, 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.
SaltX Technology Holding AB develops, delivers, and licenses the SaltX technology to the OEM manufacturers of energy efficient heating and cooling products. The company was founded in 2001 and is headquartered in Hagersten, Sweden. SaltX Technology is traded on Stockholm Stock Exchange in Sweden.
SaltX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SaltX Technology. 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 SaltX Technology 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 SaltX Technology's important profitability drivers and their relationship over time.
Use SaltX Technology 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 SaltX Technology 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 SaltX Technology will appreciate offsetting losses from the drop in the long position's value.SaltX Technology Pair Trading
SaltX Technology Holding Pair Trading Analysis
The ability to find closely correlated positions to SaltX Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SaltX Technology 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 SaltX Technology - 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 SaltX Technology Holding to buy it.
The correlation of SaltX Technology 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 SaltX Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SaltX Technology Holding 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 SaltX Technology 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 SaltX Technology position
In addition to having SaltX Technology 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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Compulsion
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 constituents at this time.
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Other Information on Investing in SaltX Stock
To fully project SaltX Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SaltX Technology Holding 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 SaltX Technology's income statement, its balance sheet, and the statement of cash flows.