Branded Legacy Total Debt vs. Cash And Equivalents
| BLEG Stock | USD 0.0005 0.0001 16.67% |
For Branded Legacy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Branded Legacy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Branded Legacy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Branded Legacy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Branded Legacy over time as well as its relative position and ranking within its peers.
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Branded Legacy Cash And Equivalents vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Branded Legacy's current stock value. Our valuation model uses many indicators to compare Branded Legacy value to that of its competitors to determine the firm's financial worth. Branded Legacy is rated below average in total debt category among its peers. It also is rated below average in cash and equivalents category among its peers . The ratio of Total Debt to Cash And Equivalents for Branded Legacy is about 537.10 . 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 Branded Legacy's earnings, one of the primary drivers of an investment's value.Branded Total Debt vs. Competition
Branded Legacy is rated below average in total debt category among its peers. Total debt of Packaged Foods industry is currently estimated at about 35.08 Million. Branded Legacy claims roughly 420,550 in total debt contributing just under 2% to equities listed under Packaged Foods industry.
Branded Cash And Equivalents 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.
Branded Legacy |
| = | 420.55 K |
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.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Branded Legacy |
| = | 783 |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Branded Cash And Equivalents Comparison
Branded Legacy is rated below average in cash and equivalents category among its peers.
Branded Legacy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Branded Legacy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Branded Legacy will eventually generate negative long term returns. The profitability progress is the general direction of Branded Legacy's change in net profit over the period of time. It can combine multiple indicators of Branded Legacy, 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.
Branded Legacy Inc engages in the commercial development of hemp and cannabinoid-infused beverages in Central Florida. The company was formerly known as Elev8 Brands, Inc. and changed its name to Branded Legacy Inc in May 2020. Branded Legacy operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 3 people.
Branded Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Branded Legacy. 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 Branded Legacy 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 Branded Legacy's important profitability drivers and their relationship over time.
Use Branded Legacy 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 Branded Legacy 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 Branded Legacy will appreciate offsetting losses from the drop in the long position's value.Branded Legacy Pair Trading
Branded Legacy Pair Trading Analysis
The ability to find closely correlated positions to Branded Legacy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Branded Legacy 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 Branded Legacy - 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 Branded Legacy to buy it.
The correlation of Branded Legacy 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 Branded Legacy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Branded Legacy 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 Branded Legacy 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 Branded Legacy position
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Other Information on Investing in Branded Pink Sheet
To fully project Branded Legacy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Branded Legacy 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 Branded Legacy's income statement, its balance sheet, and the statement of cash flows.