Cowealth Medical Current Valuation vs. Total Debt
| 603122 Stock | 8.00 0.07 0.88% |
For Cowealth Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cowealth Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cowealth Medical China utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cowealth Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cowealth Medical China over time as well as its relative position and ranking within its peers.
Cowealth |
Cowealth Medical China Total Debt vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cowealth Medical's current stock value. Our valuation model uses many indicators to compare Cowealth Medical value to that of its competitors to determine the firm's financial worth. Cowealth Medical China is the top company in current valuation category among its peers. It also is the top company in total debt category among its peers making up about 0.02 of Total Debt per Current Valuation. The ratio of Current Valuation to Total Debt for Cowealth Medical China is roughly 57.63 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Cowealth Medical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cowealth Medical'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.Cowealth Current Valuation vs. Competition
Cowealth Medical China is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is presently estimated at about 14.21 Trillion. Cowealth Medical adds roughly 3.11 Billion in current valuation claiming only tiny portion of equities under Health Care industry.
Cowealth Total Debt vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Cowealth Medical |
| = | 3.11 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Cowealth Medical |
| = | 53.92 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.
Cowealth Total Debt vs Competition
Cowealth Medical China is the top company in total debt category among its peers. Total debt of Health Care industry is presently estimated at about 162.82 Trillion. Cowealth Medical adds roughly 53.92 Million in total debt claiming only tiny portion of equities under Health Care industry.
Cowealth Medical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cowealth Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cowealth Medical will eventually generate negative long term returns. The profitability progress is the general direction of Cowealth Medical's change in net profit over the period of time. It can combine multiple indicators of Cowealth Medical, 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 | 3.4 M | 3.5 M | |
| Interest Income | 9.3 M | 6.9 M | |
| Operating Income | 67.6 M | 84 M | |
| Net Income From Continuing Ops | 47.2 M | 56 M | |
| Income Before Tax | 65.7 M | 76.8 M | |
| Net Income | 47.2 M | 56 M |
Cowealth Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cowealth Medical. 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 Cowealth Medical 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 Cowealth Medical's important profitability drivers and their relationship over time.
Use Cowealth Medical 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 Cowealth Medical 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 Cowealth Medical will appreciate offsetting losses from the drop in the long position's value.Cowealth Medical Pair Trading
Cowealth Medical China Pair Trading Analysis
The ability to find closely correlated positions to Cowealth Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cowealth Medical 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 Cowealth Medical - 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 Cowealth Medical China to buy it.
The correlation of Cowealth Medical 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 Cowealth Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cowealth Medical China 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 Cowealth Medical 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 Cowealth Medical position
In addition to having Cowealth Medical 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?
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Other Information on Investing in Cowealth Stock
To fully project Cowealth Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cowealth Medical China 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 Cowealth Medical's income statement, its balance sheet, and the statement of cash flows.