Amrutanjan Health Shares Outstanding vs. Revenue
| AMRUTANJAN | 716.45 2.70 0.38% |
For Amrutanjan Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Amrutanjan Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Amrutanjan Health Care utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Amrutanjan Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Amrutanjan Health Care over time as well as its relative position and ranking within its peers.
Amrutanjan |
Amrutanjan Health Care Revenue vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Amrutanjan Health's current stock value. Our valuation model uses many indicators to compare Amrutanjan Health value to that of its competitors to determine the firm's financial worth. Amrutanjan Health Care is number one stock in shares outstanding category among its peers. It also is the top company in revenue category among its peers totaling about 145.76 of Revenue per Shares Outstanding. At this time, Amrutanjan Health's Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Amrutanjan Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Amrutanjan Health'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.Amrutanjan Revenue vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Amrutanjan Health |
| = | 28.9 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Amrutanjan Health |
| = | 4.21 B |
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.
Amrutanjan Revenue vs Competition
Amrutanjan Health Care is the top company in revenue category among its peers. Market size based on revenue of Health Care industry is presently estimated at about 15.21 Trillion. Amrutanjan Health adds roughly 4.21 Billion in revenue claiming only tiny portion of equities under Health Care industry.
Amrutanjan Health Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Amrutanjan Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Amrutanjan Health will eventually generate negative long term returns. The profitability progress is the general direction of Amrutanjan Health's change in net profit over the period of time. It can combine multiple indicators of Amrutanjan Health, 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 | 510 M | 535.5 M | |
| Operating Income | 621 M | 341 M | |
| Income Before Tax | 619.5 M | 370.7 M | |
| Total Other Income Expense Net | -1.6 M | -1.5 M | |
| Net Income | 449.7 M | 360.1 M | |
| Income Tax Expense | 169.7 M | 178.2 M | |
| Net Income From Continuing Ops | 449.7 M | 352.6 M | |
| Net Income Applicable To Common Shares | 458.1 M | 337.5 M | |
| Interest Income | 693.9 K | 659.2 K | |
| Net Interest Income | -1.6 M | -1.5 M | |
| Change To Netincome | -137 M | -130.2 M |
Amrutanjan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Amrutanjan Health. 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 Amrutanjan Health 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 Amrutanjan Health's important profitability drivers and their relationship over time.
Use Amrutanjan Health 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 Amrutanjan Health 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 Amrutanjan Health will appreciate offsetting losses from the drop in the long position's value.Amrutanjan Health Pair Trading
Amrutanjan Health Care Pair Trading Analysis
The ability to find closely correlated positions to Amrutanjan Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amrutanjan Health 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 Amrutanjan Health - 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 Amrutanjan Health Care to buy it.
The correlation of Amrutanjan Health 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 Amrutanjan Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amrutanjan Health Care 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 Amrutanjan Health 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 Amrutanjan Health position
In addition to having Amrutanjan Health 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 Broad Sovereign ETFs Thematic Idea Now
Broad Sovereign ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Sovereign ETFs theme has 14 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 Broad Sovereign ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Amrutanjan Stock
To fully project Amrutanjan Health's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Amrutanjan Health Care 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 Amrutanjan Health's income statement, its balance sheet, and the statement of cash flows.