Toro Energy Total Debt vs. Return On Asset
| TOEYF Stock | USD 0.10 0.01 9.09% |
For Toro Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Toro Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Toro Energy Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Toro Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Toro Energy Limited over time as well as its relative position and ranking within its peers.
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Toro Energy Limited Return On Asset vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Toro Energy's current stock value. Our valuation model uses many indicators to compare Toro Energy value to that of its competitors to determine the firm's financial worth. Toro Energy Limited is currently regarded number one company in total debt category among its peers. It is rated third in return on asset category among its peers . 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 Toro Energy's earnings, one of the primary drivers of an investment's value.Toro Total Debt vs. Competition
Toro Energy Limited is currently regarded number one company in total debt category among its peers. Total debt of Other Industrial Metals & Mining industry is at this time estimated at about 10.42 Million. Toro Energy totals roughly 10 Million in total debt claiming about 96% of all equities under Other Industrial Metals & Mining industry.
Toro Return On Asset 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.
Toro Energy |
| = | 10 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.
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.
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| = | -0.19 |
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.
Toro Return On Asset Comparison
Toro Energy is currently under evaluation in return on asset category among its peers.
Toro Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Toro Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Toro Energy will eventually generate negative long term returns. The profitability progress is the general direction of Toro Energy's change in net profit over the period of time. It can combine multiple indicators of Toro Energy, 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.
Toro Energy Limited engages in the exploration, evaluation, and development of uranium properties in Australia. Toro Energy Limited was incorporated in 2005 and is headquartered in West Perth, Australia. Toro Energy operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Toro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Toro Energy. 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 Toro Energy 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 Toro Energy's important profitability drivers and their relationship over time.
Use Toro Energy 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 Toro Energy 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 Toro Energy will appreciate offsetting losses from the drop in the long position's value.Toro Energy Pair Trading
Toro Energy Limited Pair Trading Analysis
The ability to find closely correlated positions to Toro Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toro Energy 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 Toro Energy - 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 Toro Energy Limited to buy it.
The correlation of Toro Energy 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 Toro Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toro Energy Limited 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 Toro Energy 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 Toro Energy position
In addition to having Toro Energy 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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Global Macro ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 26 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 Global Macro ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Toro Pink Sheet
To fully project Toro Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Toro Energy Limited 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 Toro Energy's income statement, its balance sheet, and the statement of cash flows.