Shimmick Common Total Debt vs. Cash Flow From Operations
| SHIM Stock | 3.15 0.18 6.06% |
For Shimmick Common profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shimmick Common to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shimmick Common utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shimmick Common's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shimmick Common over time as well as its relative position and ranking within its peers.
Shimmick |
Is Construction & Engineering 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 Shimmick Common. If investors know Shimmick 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 Shimmick Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.08) | Revenue Per Share 21.127 | Quarterly Revenue Growth (0.42) | Return On Assets (0.15) | Return On Equity (4.02) |
The market value of Shimmick Common is measured differently than its book value, which is the value of Shimmick that is recorded on the company's balance sheet. Investors also form their own opinion of Shimmick Common's value that differs from its market value or its book value, called intrinsic value, which is Shimmick Common'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 Shimmick Common's market value can be influenced by many factors that don't directly affect Shimmick Common'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 Shimmick Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shimmick Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shimmick Common'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.
Shimmick Common Cash Flow From Operations vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shimmick Common's current stock value. Our valuation model uses many indicators to compare Shimmick Common value to that of its competitors to determine the firm's financial worth. Shimmick Common is currently regarded number one company in total debt category among its peers. It also is currently regarded as top stock in cash flow from operations category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Shimmick Common 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.Shimmick Total Debt vs. Competition
Shimmick Common 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 4.02 Billion. Shimmick Common claims roughly 44.67 Million in total debt contributing just under 2% to equities under Industrials industry.
Shimmick Cash Flow From Operations 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.
Shimmick Common |
| = | 44.67 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.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Shimmick Common |
| = | (88.1 M) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Shimmick Cash Flow From Operations Comparison
Shimmick Common is currently under evaluation in cash flow from operations category among its peers.
Shimmick Common Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shimmick Common, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shimmick Common will eventually generate negative long term returns. The profitability progress is the general direction of Shimmick Common's change in net profit over the period of time. It can combine multiple indicators of Shimmick Common, 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 | ||
| Operating Income | 435 K | 456.8 K | |
| Net Loss | -2.3 M | -2.2 M | |
| Income Before Tax | -2.3 M | -2.2 M | |
| Total Other Income Expense Net | -2.7 M | -2.6 M | |
| Net Loss | -2.3 M | -2.2 M | |
| Income Tax Expense | -31.6 M | -30 M | |
| Net Income Per Share | 0.17 | 0.16 | |
| Income Quality | (0.95) | (0.91) | |
| Net Income Per E B T | 1.03 | 1.51 |
Shimmick Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shimmick Common. 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 Shimmick Common 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 Shimmick Common's important profitability drivers and their relationship over time.
Use Shimmick Common 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 Shimmick Common 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 Shimmick Common will appreciate offsetting losses from the drop in the long position's value.Shimmick Common Pair Trading
Shimmick Common Pair Trading Analysis
The ability to find closely correlated positions to Shimmick Common could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shimmick Common 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 Shimmick Common - 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 Shimmick Common to buy it.
The correlation of Shimmick Common 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 Shimmick Common moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shimmick Common 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 Shimmick Common 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 Shimmick Common position
In addition to having Shimmick Common 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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Check out World Market Map. To learn how to invest in Shimmick Stock, please use our How to Invest in Shimmick Common guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Shimmick Common's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shimmick Common 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 Shimmick Common's income statement, its balance sheet, and the statement of cash flows.