Tevano Systems Current Ratio vs. Number Of Employees
Based on Tevano Systems' profitability indicators, Tevano Systems Holdings may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Tevano Systems' ability to earn profits and add value for shareholders.
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For Tevano Systems profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tevano Systems to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tevano Systems Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tevano Systems's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tevano Systems Holdings over time as well as its relative position and ranking within its peers.
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Tevano Systems Holdings Number Of Employees vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tevano Systems's current stock value. Our valuation model uses many indicators to compare Tevano Systems value to that of its competitors to determine the firm's financial worth. Tevano Systems Holdings is currently regarded as top stock in current ratio category among its peers. It also is currently regarded as top stock in number of employees category among its peers creating about 7.69 of Number Of Employees per Current Ratio. 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 Tevano Systems' earnings, one of the primary drivers of an investment's value.Tevano Number Of Employees vs. Current Ratio
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.
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| = | 0.39 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).
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Tevano Systems |
| = | 3 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Tevano Number Of Employees vs Competition
Tevano Systems Holdings is currently regarded as top stock in number of employees category among its peers. The total workforce of Medical Instruments & Supplies industry is at this time estimated at about 1,210. Tevano Systems adds roughly 3.0 in number of employees claiming only tiny portion of all equities under Medical Instruments & Supplies industry.
Tevano Systems Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tevano Systems, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tevano Systems will eventually generate negative long term returns. The profitability progress is the general direction of Tevano Systems' change in net profit over the period of time. It can combine multiple indicators of Tevano Systems, 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.
Tevano Systems Holdings Inc. develops and sells electronics products. It offers Health Shield, an AI-driven electronic device that provides instant body temperature scanning and notifies users if they need to wear a face mask. Tevano Systems is traded on OTC Exchange in the United States.
Tevano Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tevano Systems. 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 Tevano Systems 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 Tevano Systems' important profitability drivers and their relationship over time.
Use Tevano Systems 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 Tevano Systems 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 Tevano Systems will appreciate offsetting losses from the drop in the long position's value.Tevano Systems Pair Trading
Tevano Systems Holdings Pair Trading Analysis
The ability to find closely correlated positions to Tevano Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tevano Systems 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 Tevano Systems - 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 Tevano Systems Holdings to buy it.
The correlation of Tevano Systems 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 Tevano Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tevano Systems Holdings 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 Tevano Systems 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 Tevano Systems position
In addition to having Tevano Systems 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 Tevano Pink Sheet
To fully project Tevano Systems' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tevano Systems Holdings 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 Tevano Systems' income statement, its balance sheet, and the statement of cash flows.