Transat AT Shares Outstanding vs. Gross Profit

TRZ Stock  CAD 1.81  0.01  0.56%   
Based on Transat AT's profitability indicators, Transat AT's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Transat AT's ability to earn profits and add value for shareholders. At this time, Transat AT's Days Sales Outstanding is very stable compared to the past year. As of the 24th of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.03, while Price To Sales Ratio is likely to drop 0.02. At this time, Transat AT's Operating Income is very stable compared to the past year. As of the 24th of December 2024, Change To Netincome is likely to grow to about 123.7 M, while Accumulated Other Comprehensive Income is likely to drop (12.5 M).
For Transat AT profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Transat AT to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Transat AT utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Transat AT's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Transat AT over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Transat AT's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transat AT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transat AT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Transat AT Gross Profit vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Transat AT's current stock value. Our valuation model uses many indicators to compare Transat AT value to that of its competitors to determine the firm's financial worth.
Transat AT is currently regarded as top stock in shares outstanding category among its peers. It also is currently regarded as top stock in gross profit category among its peers fabricating about  0.93  of Gross Profit per Shares Outstanding. The ratio of Shares Outstanding to Gross Profit for Transat AT is roughly  1.07 . At this time, Transat AT's Gross Profit is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Transat AT by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Transat AT's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Transat Gross Profit vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Transat AT

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
39.49 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Transat AT

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
36.77 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Transat Gross Profit Comparison

Transat AT is currently under evaluation in gross profit category among its peers.

Transat AT Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Transat AT, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Transat AT will eventually generate negative long term returns. The profitability progress is the general direction of Transat AT's change in net profit over the period of time. It can combine multiple indicators of Transat AT, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-11.9 M-12.5 M
Operating Income80.8 M84.8 M
Income Before Tax-22.2 M-23.3 M
Total Other Income Expense Net-103 M-97.8 M
Net Loss-22.8 M-23.9 M
Income Tax Expense551.7 K524.1 K
Net Loss-22.8 M-23.9 M
Net Loss-400.8 M-380.8 M
Interest Income49.4 M38.2 M
Net Interest Income-94.7 M-89.9 M
Change To Netincome117.8 M123.7 M
Net Loss(2.94)(2.79)
Income Quality(0.83)(0.79)
Net Income Per E B T 1.05  0.53 

Transat Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Transat AT. 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 Transat AT 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 Transat AT's important profitability drivers and their relationship over time.

Use Transat AT 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 Transat AT 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 Transat AT will appreciate offsetting losses from the drop in the long position's value.

Transat AT Pair Trading

Transat AT Pair Trading Analysis

The ability to find closely correlated positions to Transat AT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Transat AT 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 Transat AT - 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 Transat AT to buy it.
The correlation of Transat AT 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 Transat AT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Transat AT 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 Transat AT 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Transat AT position

In addition to having Transat AT 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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Cigarettes
Cigarettes Theme
Tobacco makers and distributors across globe. The Cigarettes theme has 39 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 Cigarettes Theme or any other thematic opportunities.
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Other Information on Investing in Transat Stock

To fully project Transat AT's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Transat AT 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 Transat AT's income statement, its balance sheet, and the statement of cash flows.
Potential Transat AT investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Transat AT investors may work on each financial statement separately, they are all related. The changes in Transat AT's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Transat AT's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.