Companhia Siderrgica Cash And Equivalents vs. Gross Profit
| CSNA3 Stock | BRL 11.71 0.06 0.52% |
For Companhia Siderrgica profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Companhia Siderrgica to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Companhia Siderrgica Nacional utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Companhia Siderrgica's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Companhia Siderrgica Nacional over time as well as its relative position and ranking within its peers.
Companhia |
Companhia Siderrgica Gross Profit vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Companhia Siderrgica's current stock value. Our valuation model uses many indicators to compare Companhia Siderrgica value to that of its competitors to determine the firm's financial worth. Companhia Siderrgica Nacional is number one stock in cash and equivalents category among its peers. It also is number one stock in gross profit category among its peers fabricating about 3.34 of Gross Profit per Cash And Equivalents. 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 Companhia Siderrgica's earnings, one of the primary drivers of an investment's value.Companhia Gross Profit vs. Cash And Equivalents
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.
Companhia Siderrgica |
| = | 6.57 B |
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).
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Companhia Siderrgica |
| = | 21.94 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Companhia Gross Profit Comparison
Companhia Siderrgica is currently under evaluation in gross profit category among its peers.
Companhia Siderrgica Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Companhia Siderrgica, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Companhia Siderrgica will eventually generate negative long term returns. The profitability progress is the general direction of Companhia Siderrgica's change in net profit over the period of time. It can combine multiple indicators of Companhia Siderrgica, 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.
Companhia Siderrgica Nacional operates as an integrated steel producer in Brazil and Latin America. Companhia Siderrgica Nacional was founded in 1941 and is headquartered in Itaim Bibi, Brazil. SID NACIONALON operates under Steel classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 23699 people.
Companhia Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Companhia Siderrgica. 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 Companhia Siderrgica 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 Companhia Siderrgica's important profitability drivers and their relationship over time.
Use Companhia Siderrgica 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 Companhia Siderrgica 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 Companhia Siderrgica will appreciate offsetting losses from the drop in the long position's value.Companhia Siderrgica Pair Trading
Companhia Siderrgica Nacional Pair Trading Analysis
The ability to find closely correlated positions to Companhia Siderrgica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Companhia Siderrgica 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 Companhia Siderrgica - 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 Companhia Siderrgica Nacional to buy it.
The correlation of Companhia Siderrgica 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 Companhia Siderrgica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Companhia Siderrgica 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 Companhia Siderrgica 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 Companhia Siderrgica position
In addition to having Companhia Siderrgica 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 Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 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 Robots And Drones Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Companhia Stock Analysis
When running Companhia Siderrgica's price analysis, check to measure Companhia Siderrgica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Companhia Siderrgica is operating at the current time. Most of Companhia Siderrgica's value examination focuses on studying past and present price action to predict the probability of Companhia Siderrgica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Siderrgica's price. Additionally, you may evaluate how the addition of Companhia Siderrgica to your portfolios can decrease your overall portfolio volatility.