Tectonic Financial Net Income vs. Cash And Equivalents
| TECTP Preferred Stock | USD 10.39 0.03 0.29% |
For Tectonic Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tectonic Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tectonic Financial PR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tectonic Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tectonic Financial PR over time as well as its relative position and ranking within its peers.
Tectonic |
Tectonic Financial Cash And Equivalents vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tectonic Financial's current stock value. Our valuation model uses many indicators to compare Tectonic Financial value to that of its competitors to determine the firm's financial worth. Tectonic Financial PR is rated below average in net income category among its peers. It also is rated below average in cash and equivalents category among its peers creating about 2.44 of Cash And Equivalents per Net Income. 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 Tectonic Financial's earnings, one of the primary drivers of an investment's value.Tectonic Cash And Equivalents vs. Net Income
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.
Tectonic Financial |
| = | 17.03 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.
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.
Tectonic Financial |
| = | 41.51 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).
Tectonic Cash And Equivalents Comparison
Tectonic Financial is currently under evaluation in cash and equivalents category among its peers.
Tectonic Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tectonic Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tectonic Financial will eventually generate negative long term returns. The profitability progress is the general direction of Tectonic Financial's change in net profit over the period of time. It can combine multiple indicators of Tectonic Financial, 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.
Tectonic Financial, Inc., a financial holding company, provides banking and financial products and services to high net worth individuals, small businesses, and institutions in the United States. The company was incorporated in 2016 and is headquartered in Dallas, Texas. Tectonic Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 168 people.
Tectonic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tectonic Financial. 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 Tectonic Financial 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 Tectonic Financial's important profitability drivers and their relationship over time.
Use Tectonic Financial 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 Tectonic Financial 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 Tectonic Financial will appreciate offsetting losses from the drop in the long position's value.Tectonic Financial Pair Trading
Tectonic Financial PR Pair Trading Analysis
The ability to find closely correlated positions to Tectonic Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tectonic Financial 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 Tectonic Financial - 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 Tectonic Financial PR to buy it.
The correlation of Tectonic Financial 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 Tectonic Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tectonic Financial 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 Tectonic Financial 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 Tectonic Financial position
In addition to having Tectonic Financial 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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Additional Tools for Tectonic Preferred Stock Analysis
When running Tectonic Financial's price analysis, check to measure Tectonic Financial'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 Tectonic Financial is operating at the current time. Most of Tectonic Financial's value examination focuses on studying past and present price action to predict the probability of Tectonic Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Financial's price. Additionally, you may evaluate how the addition of Tectonic Financial to your portfolios can decrease your overall portfolio volatility.