SMC Entertainment Total Debt vs. Current Ratio
| SMCE Stock | USD 0 0.0001 9.09% |
For SMC Entertainment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SMC Entertainment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SMC Entertainment utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SMC Entertainment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SMC Entertainment over time as well as its relative position and ranking within its peers.
SMC |
SMC Entertainment Current Ratio vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SMC Entertainment's current stock value. Our valuation model uses many indicators to compare SMC Entertainment value to that of its competitors to determine the firm's financial worth. SMC Entertainment is currently regarded number one company in total debt category among its peers. It also is currently regarded as top stock in current ratio category among its peers . The ratio of Total Debt to Current Ratio for SMC Entertainment is about 916,188 . 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 SMC Entertainment's earnings, one of the primary drivers of an investment's value.SMC Total Debt vs. Competition
SMC Entertainment is currently regarded number one company in total debt category among its peers. Total debt of Communication Services industry is at this time estimated at about 1.49 Million. SMC Entertainment holds roughly 146,590 in total debt claiming about 10% of stocks in Communication Services industry.
SMC 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.
SMC Entertainment |
| = | 146.59 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.
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.
SMC Entertainment |
| = | 0.16 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).
SMC Current Ratio Comparison
SMC Entertainment is currently under evaluation in current ratio category among its peers.
SMC Entertainment Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SMC Entertainment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SMC Entertainment will eventually generate negative long term returns. The profitability progress is the general direction of SMC Entertainment's change in net profit over the period of time. It can combine multiple indicators of SMC Entertainment, 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.
SMC Entertainment, Inc. operates in the recorded music business in the United States. The company was formerly known as SMC Recordings, Inc. and changed its name to SMC Entertainment, Inc. in May 2011. Smc Recordings operates under Asset Management classification in the United States and is traded on OTC Exchange.
SMC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SMC Entertainment. 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 SMC Entertainment 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 SMC Entertainment's important profitability drivers and their relationship over time.
Use SMC Entertainment 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 SMC Entertainment 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 SMC Entertainment will appreciate offsetting losses from the drop in the long position's value.SMC Entertainment Pair Trading
SMC Entertainment Pair Trading Analysis
The ability to find closely correlated positions to SMC Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SMC Entertainment 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 SMC Entertainment - 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 SMC Entertainment to buy it.
The correlation of SMC Entertainment 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 SMC Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SMC Entertainment 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 SMC Entertainment 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 SMC Entertainment position
In addition to having SMC Entertainment 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 Tips ETFs Thematic Idea Now
Tips ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Tips ETFs theme has 41 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 Tips ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in SMC Pink Sheet
To fully project SMC Entertainment's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SMC Entertainment 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 SMC Entertainment's income statement, its balance sheet, and the statement of cash flows.