Owens Minor Current Valuation vs. Total Debt
| 6OM Stock | EUR 13.70 0.60 4.58% |
For Owens Minor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Owens Minor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Owens Minor utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Owens Minor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Owens Minor over time as well as its relative position and ranking within its peers.
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Owens Minor Total Debt vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Owens Minor's current stock value. Our valuation model uses many indicators to compare Owens Minor value to that of its competitors to determine the firm's financial worth. Owens Minor 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 0.23 of Total Debt per Current Valuation. The ratio of Current Valuation to Total Debt for Owens Minor is roughly 4.30 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Owens Minor's earnings, one of the primary drivers of an investment's value.Owens Current Valuation vs. Competition
Owens Minor is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Medical Distribution industry is presently estimated at about 22.52 Billion. Owens Minor retains roughly 4.07 Billion in current valuation claiming about 18% of all equities under Medical Distribution industry.
Owens 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.
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| = | 4.07 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.
Owens Minor |
| = | 947.54 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.
Owens Total Debt vs Competition
Owens Minor is the top company in total debt category among its peers. Total debt of Medical Distribution industry is presently estimated at about 8.68 Trillion. Owens Minor adds roughly 947.54 Million in total debt claiming only tiny portion of all equities under Medical Distribution industry.
Owens Minor Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Owens Minor, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Owens Minor will eventually generate negative long term returns. The profitability progress is the general direction of Owens Minor's change in net profit over the period of time. It can combine multiple indicators of Owens Minor, 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.
Owens Minor, Inc., together with its subsidiaries, operates as a healthcare solutions company in the United States and internationally. Owens Minor, Inc. was founded in 1882 and is headquartered in Mechanicsville, Virginia. OWENS MINOR operates under Medical Distribution classification in Germany and is traded on Frankfurt Stock Exchange. It employs 17900 people.
Owens Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Owens Minor. 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 Owens Minor 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 Owens Minor's important profitability drivers and their relationship over time.
Use Owens Minor 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 Owens Minor 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 Owens Minor will appreciate offsetting losses from the drop in the long position's value.Owens Minor Pair Trading
Owens Minor Pair Trading Analysis
The ability to find closely correlated positions to Owens Minor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Owens Minor 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 Owens Minor - 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 Owens Minor to buy it.
The correlation of Owens Minor 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 Owens Minor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Owens Minor 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 Owens Minor 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 Owens Minor position
In addition to having Owens Minor 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 Hedge Favorites Thematic Idea Now
Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 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 Hedge Favorites Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Owens Stock
When determining whether Owens Minor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Owens Minor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Owens Minor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Owens Minor Stock:Check out Trending Equities. For more detail on how to invest in Owens Stock please use our How to Invest in Owens Minor guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
To fully project Owens Minor's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Owens Minor 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 Owens Minor's income statement, its balance sheet, and the statement of cash flows.