Amreli Financial Statements From 2010 to 2024
| ASTL Stock | 23.12 0.02 0.09% |
Check Amreli Steels financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amreli Steels' main balance sheet or income statement drivers, such as , as well as many indicators such as . Amreli financial statements analysis is a perfect complement when working with Amreli Steels Valuation or Volatility modules.
Amreli |
Amreli Steels Company Cash Flow From Operations Analysis
Amreli Steels' Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Current Amreli Steels Cash Flow From Operations | (2.2 B) |
Most of Amreli Steels' fundamental indicators, such as Cash Flow From Operations, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Amreli Steels is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
| Competition |
In accordance with the recently published financial statements, Amreli Steels has (2.2 Billion) in Cash Flow From Operations. This is 445.81% lower than that of the Basic Materials sector and significantly lower than that of the Metals & Mining industry. The cash flow from operations for all Pakistan stocks is significantly higher than that of the company.
Amreli Steels Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Amreli Steels's current stock value. Our valuation model uses many indicators to compare Amreli Steels value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Amreli Steels competition to find correlations between indicators driving Amreli Steels's intrinsic value. More Info.Amreli Steels is the top company in revenue category among its peers. It also is number one stock in ebitda category among its peers totaling about 0.08 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Amreli Steels is roughly 12.32 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Amreli Steels by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Amreli Steels' 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.About Amreli Steels Financial Statements
Amreli Steels stakeholders use historical fundamental indicators, such as Amreli Steels' revenue or net income, to determine how well the company is positioned to perform in the future. Although Amreli Steels investors may analyze each financial statement separately, they are all interrelated. For example, changes in Amreli Steels' assets and liabilities are reflected in the revenues and expenses on Amreli Steels' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Amreli Steels. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Amreli Steels
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 Amreli Steels 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 Amreli Steels will appreciate offsetting losses from the drop in the long position's value.Moving together with Amreli Stock
Moving against Amreli Stock
The ability to find closely correlated positions to Amreli Steels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amreli Steels 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 Amreli Steels - 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 Amreli Steels to buy it.
The correlation of Amreli Steels 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 Amreli Steels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amreli Steels 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 Amreli Steels 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.Other Information on Investing in Amreli Stock
Amreli Steels financial ratios help investors to determine whether Amreli Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Amreli with respect to the benefits of owning Amreli Steels security.