Road Environment Total Debt vs. Revenue
| 688156 Stock | 13.74 1.10 7.41% |
For Road Environment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Road Environment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Road Environment Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Road Environment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Road Environment Technology over time as well as its relative position and ranking within its peers.
Road |
Road Environment Tec Revenue vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Road Environment's current stock value. Our valuation model uses many indicators to compare Road Environment value to that of its competitors to determine the firm's financial worth. Road Environment Technology is the top company in total debt category among its peers. It also is the top company in revenue category among its peers totaling about 2.24 of Revenue per Total Debt. At present, Road Environment's Total Revenue 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 Road Environment by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Road Environment'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.Road Total Debt vs. Competition
Road Environment Technology is the top company in total debt category among its peers. Total debt of Utilities industry is presently estimated at about 16.44 Billion. Road Environment maintains roughly 156.62 Million in total debt contributing less than 1% to Utilities industry.
Road Revenue 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.
Road Environment |
| = | 156.62 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Road Environment |
| = | 351.08 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Road Revenue vs Competition
Road Environment Technology is the top company in revenue category among its peers. Market size based on revenue of Utilities industry is presently estimated at about 325.68 Billion. Road Environment adds roughly 351.08 Million in revenue claiming only tiny portion of Utilities industry.
Road Environment Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Road Environment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Road Environment will eventually generate negative long term returns. The profitability progress is the general direction of Road Environment's change in net profit over the period of time. It can combine multiple indicators of Road Environment, 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 | -3.8 M | -3.6 M | |
| Interest Income | 3.3 M | 2.8 M | |
| Operating Income | 61.9 M | 54.4 M | |
| Net Income From Continuing Ops | 29.6 M | 40.8 M | |
| Income Before Tax | 33.9 M | 48.3 M | |
| Net Income | 27 M | 35.2 M |
Road Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Road Environment. 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 Road Environment 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 Road Environment's important profitability drivers and their relationship over time.
Use Road Environment 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 Road Environment 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 Road Environment will appreciate offsetting losses from the drop in the long position's value.Road Environment Pair Trading
Road Environment Technology Pair Trading Analysis
The ability to find closely correlated positions to Road Environment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Road Environment 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 Road Environment - 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 Road Environment Technology to buy it.
The correlation of Road Environment 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 Road Environment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Road Environment Tec 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 Road Environment 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 Road Environment position
In addition to having Road Environment 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 Munis Funds Thematic Idea Now
Munis Funds
Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities. The Munis Funds theme has 38 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 Munis Funds Theme or any other thematic opportunities.
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Other Information on Investing in Road Stock
To fully project Road Environment's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Road Environment Tec 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 Road Environment's income statement, its balance sheet, and the statement of cash flows.