Everjoy Health Total Debt vs. Shares Owned By Institutions

002162 Stock   4.36  0.24  5.83%   
Considering the key profitability indicators obtained from Everjoy Health's historical financial statements, Everjoy Health Group may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Everjoy Health's ability to earn profits and add value for shareholders.
For Everjoy Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Everjoy Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Everjoy Health Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Everjoy Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Everjoy Health Group 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 Everjoy Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Everjoy Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everjoy Health'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.

Everjoy Health Group Shares Owned By Institutions vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Everjoy Health's current stock value. Our valuation model uses many indicators to compare Everjoy Health value to that of its competitors to determine the firm's financial worth.
Everjoy Health Group is the top company in total debt category among its peers. It also is number one stock in shares owned by institutions category among its peers . The ratio of Total Debt to Shares Owned By Institutions for Everjoy Health Group is about  700,206,273 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Everjoy Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Everjoy Health'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.

Everjoy Total Debt vs. Competition

Everjoy Health Group is the top company in total debt category among its peers. Total debt of Industrials industry is presently estimated at about 6.47 Trillion. Everjoy Health adds roughly 202.36 Million in total debt claiming only tiny portion of equities under Industrials industry.
Total debt  Revenue  Capitalization  Workforce  Valuation

Everjoy Shares Owned By Institutions 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.

Everjoy Health

Total Debt

 = 

Bonds

+

Notes

 = 
202.36 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.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Everjoy Health

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
0.29 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.

Everjoy Shares Owned By Institutions Comparison

Everjoy Health is currently under evaluation in shares owned by institutions category among its peers.

Everjoy Health Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Everjoy Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Everjoy Health will eventually generate negative long term returns. The profitability progress is the general direction of Everjoy Health's change in net profit over the period of time. It can combine multiple indicators of Everjoy Health, 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
Net Loss-250.6 M-238.1 M
Net Income50.1 M52.6 M
Operating Income22.6 M36.6 M
Income Before Tax39.4 M19.9 M
Income Tax Expense-18 M-17.1 M
Net Income From Continuing Ops48 M50.4 M
Total Other Income Expense Net-2.3 M-2.4 M
Net Interest Income-22.1 M-23.2 M
Interest Income5.6 M5.9 M
Change To Netincome337.3 M354.2 M

Everjoy Profitability Driver Comparison

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

Use Everjoy Health 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 Everjoy Health 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 Everjoy Health will appreciate offsetting losses from the drop in the long position's value.

Everjoy Health Pair Trading

Everjoy Health Group Pair Trading Analysis

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

In addition to having Everjoy Health 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.

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Latest Losers Theme
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Losers theme has 217 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 Latest Losers Theme or any other thematic opportunities.
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Other Information on Investing in Everjoy Stock

To fully project Everjoy Health's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Everjoy Health Group 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 Everjoy Health's income statement, its balance sheet, and the statement of cash flows.
Potential Everjoy Health investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Everjoy Health investors may work on each financial statement separately, they are all related. The changes in Everjoy Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Everjoy Health'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.