Boat Rocker Net Income vs. EBITDA
| BRMI Stock | CAD 0.60 0.02 3.23% |
Net Loss | First Reported 2019-09-30 | Previous Quarter -4 M | Current Value -12.7 M | Quarterly Volatility 7.3 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.33 | 0.2129 |
|
|
For Boat Rocker profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Boat Rocker to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Boat Rocker Media utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Boat Rocker's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Boat Rocker Media over time as well as its relative position and ranking within its peers.
Boat |
Boat Rocker Media EBITDA vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Boat Rocker's current stock value. Our valuation model uses many indicators to compare Boat Rocker value to that of its competitors to determine the firm's financial worth. Boat Rocker Media is rated fourth in net income category among its peers. It is number one stock in ebitda category among its peers . Boat Rocker reported last year Net Loss of (32.11 Million). Comparative valuation analysis is a catch-all model that can be used if you cannot value Boat Rocker by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Boat Rocker'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.Boat EBITDA vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Boat Rocker |
| = | (32.11 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Boat Rocker |
| = | 310.17 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Boat EBITDA Comparison
Boat Rocker is currently under evaluation in ebitda category among its peers.
Boat Rocker Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Boat Rocker, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Boat Rocker will eventually generate negative long term returns. The profitability progress is the general direction of Boat Rocker's change in net profit over the period of time. It can combine multiple indicators of Boat Rocker, 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 | -27.7 M | -26.3 M | |
| Net Interest Income | -7.4 M | -7.8 M | |
| Interest Income | 1.9 M | 3.4 M | |
| Operating Income | 10.2 M | 10.8 M | |
| Net Loss | -26.9 M | -25.6 M | |
| Income Before Tax | -19.8 M | -18.8 M | |
| Total Other Income Expense Net | -30 M | -28.5 M | |
| Net Loss | -6.8 M | -7.1 M | |
| Net Loss | -32.1 M | -30.5 M | |
| Income Tax Expense | 7.1 M | 5 M | |
| Change To Netincome | -199.7 M | -189.7 M | |
| Net Loss | (0.57) | (0.54) | |
| Income Quality | (2.11) | (2.21) | |
| Net Income Per E B T | 1.62 | 0.85 |
Boat Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Boat Rocker. 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 Boat Rocker 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 Boat Rocker's important profitability drivers and their relationship over time.
Use Boat Rocker 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 Boat Rocker 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 Boat Rocker will appreciate offsetting losses from the drop in the long position's value.Boat Rocker Pair Trading
Boat Rocker Media Pair Trading Analysis
The ability to find closely correlated positions to Boat Rocker could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boat Rocker 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 Boat Rocker - 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 Boat Rocker Media to buy it.
The correlation of Boat Rocker 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 Boat Rocker moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boat Rocker Media 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 Boat Rocker 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 Boat Rocker position
In addition to having Boat Rocker 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 Measuring and Control Equipment Thematic Idea Now
Measuring and Control Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Measuring and Control Equipment theme has 61 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 Measuring and Control Equipment Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Boat Stock
To fully project Boat Rocker's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Boat Rocker Media 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 Boat Rocker's income statement, its balance sheet, and the statement of cash flows.