Sukhjit Starch Profitability Analysis
| SUKHJITS | 261.90 6.78 2.52% |
Net Income | First Reported 2012-06-30 | Previous Quarter 138.2 M | Current Value 125.5 M | Quarterly Volatility 59.1 M |
For Sukhjit Starch profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sukhjit Starch to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sukhjit Starch Chemicals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sukhjit Starch's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sukhjit Starch Chemicals over time as well as its relative position and ranking within its peers.
Sukhjit |
Sukhjit Starch Chemicals Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sukhjit Starch's current stock value. Our valuation model uses many indicators to compare Sukhjit Starch value to that of its competitors to determine the firm's financial worth. Sukhjit Starch Chemicals is rated below average in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about 0.58 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sukhjit Starch Chemicals is roughly 1.73 . 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 Sukhjit Starch's earnings, one of the primary drivers of an investment's value.Sukhjit Return On Asset vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Sukhjit Starch |
| = | 0.11 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Sukhjit Starch |
| = | 0.0616 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Sukhjit Return On Asset Comparison
Sukhjit Starch is currently under evaluation in return on asset category among its peers.
Sukhjit Starch Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sukhjit Starch, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sukhjit Starch will eventually generate negative long term returns. The profitability progress is the general direction of Sukhjit Starch's change in net profit over the period of time. It can combine multiple indicators of Sukhjit Starch, 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 | 5.3 B | 5.5 B | |
| Operating Income | 1.1 B | 553.5 M | |
| Income Before Tax | 803.4 M | 440 M | |
| Total Other Income Expense Net | -224 M | -235.2 M | |
| Net Income | 803.4 M | 433.1 M | |
| Income Tax Expense | 228.9 M | 117.9 M | |
| Net Interest Income | -254.5 M | -267.2 M | |
| Interest Income | 6.3 M | 8.6 M | |
| Net Income From Continuing Ops | 728.8 M | 523.2 M |
Sukhjit Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sukhjit Starch. 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 Sukhjit Starch 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 Sukhjit Starch's important profitability drivers and their relationship over time.
Use Sukhjit Starch 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 Sukhjit Starch 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 Sukhjit Starch will appreciate offsetting losses from the drop in the long position's value.Sukhjit Starch Pair Trading
Sukhjit Starch Chemicals Pair Trading Analysis
The ability to find closely correlated positions to Sukhjit Starch could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sukhjit Starch 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 Sukhjit Starch - 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 Sukhjit Starch Chemicals to buy it.
The correlation of Sukhjit Starch 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 Sukhjit Starch moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sukhjit Starch Chemicals 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 Sukhjit Starch 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 Sukhjit Starch position
In addition to having Sukhjit Starch 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 Conservative Funds Thematic Idea Now
Conservative Funds
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 37 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 Conservative Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Sukhjit Stock Analysis
When running Sukhjit Starch's price analysis, check to measure Sukhjit Starch's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sukhjit Starch is operating at the current time. Most of Sukhjit Starch's value examination focuses on studying past and present price action to predict the probability of Sukhjit Starch's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sukhjit Starch's price. Additionally, you may evaluate how the addition of Sukhjit Starch to your portfolios can decrease your overall portfolio volatility.