AVCON Information Price To Book vs. Total Debt
300074 Stock | 4.84 0.27 5.28% |
For AVCON Information profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AVCON Information to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AVCON Information Tech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AVCON Information's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AVCON Information Tech over time as well as its relative position and ranking within its peers.
AVCON |
AVCON Information Tech Total Debt vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AVCON Information's current stock value. Our valuation model uses many indicators to compare AVCON Information value to that of its competitors to determine the firm's financial worth. AVCON Information Tech is number one stock in price to book category among its peers. It also is the top company in total debt category among its peers making up about 51,859,112 of Total Debt per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value AVCON Information by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for AVCON 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.AVCON Total Debt vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
AVCON Information |
| = | 2.69 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
AVCON Information |
| = | 139.32 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.
AVCON Total Debt vs Competition
AVCON Information Tech is the top company in total debt category among its peers. Total debt of Information Technology industry is presently estimated at about 1.66 Billion. AVCON Information holds roughly 139.32 Million in total debt claiming about 8% of equities under Information Technology industry.
AVCON Information Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in AVCON Information, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AVCON Information will eventually generate negative long term returns. The profitability progress is the general direction of AVCON Information's change in net profit over the period of time. It can combine multiple indicators of AVCON 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 | ||
Accumulated Other Comprehensive Income | 49.7 M | 37.7 M | |
Operating Income | 80 M | 84.1 M | |
Income Before Tax | 30.4 M | 26.9 M | |
Net Income Applicable To Common Shares | 8.2 M | 7.8 M | |
Net Income | 10.9 M | 10.4 M | |
Income Tax Expense | -15.6 M | -14.8 M | |
Net Income From Continuing Ops | 27.3 M | 28.7 M | |
Total Other Income Expense Net | 16.2 M | 27.8 M | |
Net Interest Income | -2.4 M | -2.3 M | |
Interest Income | 1.1 M | 1.5 M | |
Change To Netincome | 51.4 M | 54 M |
AVCON Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AVCON 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 AVCON 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 AVCON Information's important profitability drivers and their relationship over time.
Use AVCON 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 AVCON 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 AVCON Information will appreciate offsetting losses from the drop in the long position's value.AVCON Information Pair Trading
AVCON Information Tech Pair Trading Analysis
The ability to find closely correlated positions to AVCON 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 AVCON 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 AVCON 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 AVCON Information Tech to buy it.
The correlation of AVCON 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 AVCON Information moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AVCON Information Tech 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 AVCON 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 AVCON Information position
In addition to having AVCON 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 Aggressive Funds Thematic Idea Now
Aggressive Funds
Funds or Etfs that attempt to achieve high capital gains by investing in companies with high growth potential and above average risk. The Aggressive Funds theme has 46 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 Aggressive Funds Theme or any other thematic opportunities.
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Other Information on Investing in AVCON Stock
To fully project AVCON Information's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AVCON Information Tech 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 AVCON Information's income statement, its balance sheet, and the statement of cash flows.