Servotech Power Total Debt vs. Net Income
| SERVOTECH | 181.10 2.87 1.56% |
For Servotech Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Servotech Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Servotech Power Systems utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Servotech Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Servotech Power Systems over time as well as its relative position and ranking within its peers.
Servotech |
Servotech Power Systems Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Servotech Power's current stock value. Our valuation model uses many indicators to compare Servotech Power value to that of its competitors to determine the firm's financial worth. Servotech Power Systems is currently regarded number one company in total debt category among its peers. It also is currently regarded as top stock in net income category among its peers making up about 0.15 of Net Income per Total Debt. The ratio of Total Debt to Net Income for Servotech Power Systems is roughly 6.46 . At present, Servotech Power's Net Income is projected to increase significantly based on the last few years of reporting. 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 Servotech Power's earnings, one of the primary drivers of an investment's value.Servotech Total Debt vs. Competition
Servotech Power Systems is currently regarded number one company in total debt category among its peers. Total debt of Industrials industry is at this time estimated at about 9.16 Trillion. Servotech Power adds roughly 759.75 Million in total debt claiming only tiny portion of equities under Industrials industry.
Servotech Net Income 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.
Servotech Power |
| = | 759.75 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Servotech Power |
| = | 117.62 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Servotech Net Income Comparison
Servotech Power is currently under evaluation in net income category among its peers.
Servotech Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Servotech Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Servotech Power will eventually generate negative long term returns. The profitability progress is the general direction of Servotech Power's change in net profit over the period of time. It can combine multiple indicators of Servotech Power, 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 | ||
| Accumulated Other Comprehensive Income | 373.2 M | 391.9 M | |
| Operating Income | 409.8 M | 430.3 M | |
| Income Before Tax | 161.7 M | 169.7 M | |
| Total Other Income Expense Net | -248.1 M | -235.7 M | |
| Net Income | 117.6 M | 123.5 M | |
| Income Tax Expense | 43.6 M | 45.8 M | |
| Net Income Applicable To Common Shares | 127 M | 133.3 M | |
| Net Interest Income | -31.6 M | -33.2 M | |
| Interest Income | 27.4 M | 28.8 M | |
| Net Income From Continuing Ops | 118 M | 123.9 M | |
| Change To Netincome | 30.1 M | 25.3 M |
Servotech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Servotech Power. 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 Servotech Power 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 Servotech Power's important profitability drivers and their relationship over time.
Use Servotech Power 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 Servotech Power 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 Servotech Power will appreciate offsetting losses from the drop in the long position's value.Servotech Power Pair Trading
Servotech Power Systems Pair Trading Analysis
The ability to find closely correlated positions to Servotech Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Servotech Power 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 Servotech Power - 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 Servotech Power Systems to buy it.
The correlation of Servotech Power 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 Servotech Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Servotech Power Systems 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 Servotech Power 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 Servotech Power position
In addition to having Servotech Power 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 Servotech Stock
To fully project Servotech Power's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Servotech Power Systems 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 Servotech Power's income statement, its balance sheet, and the statement of cash flows.