Miracll Chemicals Net Income vs. Operating Margin
| 300848 Stock | 16.75 0.26 1.58% |
Net Income | First Reported 2019-03-31 | Previous Quarter 12.3 M | Current Value 18.9 M | Quarterly Volatility 9 M |
For Miracll Chemicals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Miracll Chemicals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Miracll Chemicals Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Miracll Chemicals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Miracll Chemicals Co over time as well as its relative position and ranking within its peers.
Miracll |
Miracll Chemicals Operating Margin vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Miracll Chemicals's current stock value. Our valuation model uses many indicators to compare Miracll Chemicals value to that of its competitors to determine the firm's financial worth. Miracll Chemicals Co is rated below average in net income category among its peers. It is rated below average in operating margin category among its peers . The ratio of Net Income to Operating Margin for Miracll Chemicals Co is about 1,546,906,849 . At present, Miracll Chemicals' Net Income 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 Miracll Chemicals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Miracll Chemicals' 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.Miracll Operating Margin vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Miracll Chemicals |
| = | 87.86 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Miracll Chemicals |
| = | 0.06 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Miracll Operating Margin Comparison
Miracll Chemicals is currently under evaluation in operating margin category among its peers.
Miracll Chemicals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Miracll Chemicals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Miracll Chemicals will eventually generate negative long term returns. The profitability progress is the general direction of Miracll Chemicals' change in net profit over the period of time. It can combine multiple indicators of Miracll Chemicals, 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 | 13.4 M | 14 M | |
| Interest Income | 21.7 M | 22.8 M | |
| Operating Income | 86.3 M | 88.3 M | |
| Net Income From Continuing Ops | 88.1 M | 86.7 M | |
| Income Before Tax | 89.8 M | 94.6 M | |
| Net Income | 87.9 M | 86.7 M | |
| Net Income Applicable To Common Shares | 128 M | 94.5 M | |
| Income Tax Expense | 411.2 K | 390.7 K | |
| Change To Netincome | -5.9 M | -5.6 M |
Miracll Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Miracll Chemicals. 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 Miracll Chemicals 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 Miracll Chemicals' important profitability drivers and their relationship over time.
Use Miracll Chemicals 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 Miracll Chemicals 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 Miracll Chemicals will appreciate offsetting losses from the drop in the long position's value.Miracll Chemicals Pair Trading
Miracll Chemicals Co Pair Trading Analysis
The ability to find closely correlated positions to Miracll Chemicals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Miracll Chemicals 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 Miracll Chemicals - 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 Miracll Chemicals Co to buy it.
The correlation of Miracll Chemicals 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 Miracll Chemicals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Miracll Chemicals 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 Miracll Chemicals 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 Miracll Chemicals position
In addition to having Miracll Chemicals 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 Chemicals Thematic Idea Now
Chemicals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 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 Chemicals Theme or any other thematic opportunities.
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Other Information on Investing in Miracll Stock
To fully project Miracll Chemicals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Miracll Chemicals 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 Miracll Chemicals' income statement, its balance sheet, and the statement of cash flows.