Northking Information Gross Profit vs. Total Debt
| 002987 Stock | 15.58 0.21 1.37% |
Gross Profit | First Reported 2019-09-30 | Previous Quarter 233.5 M | Current Value 250.4 M | Quarterly Volatility 46.7 M |
For Northking Information profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northking Information to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northking Information Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northking Information's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northking Information Technology over time as well as its relative position and ranking within its peers.
Northking |
Northking Information Total Debt vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Northking Information's current stock value. Our valuation model uses many indicators to compare Northking Information value to that of its competitors to determine the firm's financial worth. Northking Information Technology is number one stock in gross profit category among its peers. It also is the top company in total debt category among its peers making up about 0.64 of Total Debt per Gross Profit. The ratio of Gross Profit to Total Debt for Northking Information Technology is roughly 1.57 . At present, Northking Information's Gross Profit is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Northking Information by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Northking Information'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.Northking Total Debt vs. Gross Profit
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.
Northking Information |
| = | 827.68 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.
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.
Northking Information |
| = | 526.76 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.
Northking Total Debt vs Competition
Northking Information Technology is the top company in total debt category among its peers. Total debt of Information Technology industry is presently estimated at about 14.8 Trillion. Northking Information adds roughly 526.76 Million in total debt claiming only tiny portion of equities under Information Technology industry.
Northking Information Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Northking Information, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northking Information will eventually generate negative long term returns. The profitability progress is the general direction of Northking Information's change in net profit over the period of time. It can combine multiple indicators of Northking Information, 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 Reported | Projected for Next Year | ||
| Net Interest Income | -563.8 K | -591.9 K | |
| Interest Income | 4.5 M | 2.5 M | |
| Operating Income | 368 M | 218.3 M | |
| Net Income From Continuing Ops | 347.6 M | 203.3 M | |
| Income Before Tax | 341.4 M | 210.1 M | |
| Net Income Applicable To Common Shares | 318.6 M | 177.7 M | |
| Net Income | 347.6 M | 203.3 M | |
| Income Tax Expense | 4.7 M | 8.7 M | |
| Change To Netincome | 4.5 M | 3.7 M |
Northking Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Northking Information. 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 Northking Information 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 Northking Information's important profitability drivers and their relationship over time.
Use Northking Information 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 Northking Information 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 Northking Information will appreciate offsetting losses from the drop in the long position's value.Northking Information Pair Trading
Northking Information Technology Pair Trading Analysis
The ability to find closely correlated positions to Northking Information could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northking Information 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 Northking Information - 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 Northking Information Technology to buy it.
The correlation of Northking Information 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 Northking Information moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northking Information 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 Northking Information 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 Northking Information position
In addition to having Northking Information 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?
Run Defense Thematic Idea Now
Defense
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Defense theme has 16 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 Defense Theme or any other thematic opportunities.
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Other Information on Investing in Northking Stock
To fully project Northking Information's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Northking Information 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 Northking Information's income statement, its balance sheet, and the statement of cash flows.