Canso Select EBITDA vs. Total Debt

CSOC-A Stock  CAD 2.75  0.50  22.22%   
Based on Canso Select's profitability indicators, Canso Select Opportunities may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Canso Select's ability to earn profits and add value for shareholders.
For Canso Select profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Canso Select to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Canso Select Opportunities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Canso Select's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Canso Select Opportunities over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Canso Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canso Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canso Select's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Canso Select Opportu Total Debt vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Canso Select's current stock value. Our valuation model uses many indicators to compare Canso Select value to that of its competitors to determine the firm's financial worth.
Canso Select Opportunities is rated second in ebitda category among its peers. It also is rated second in total debt category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Canso Select by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canso Select'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.

Canso Total Debt vs. EBITDA

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.

Canso Select

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
(1.05 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.
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.

Canso Select

Total Debt

 = 

Bonds

+

Notes

 = 
178.59 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.

Canso Total Debt vs Competition

Canso Select Opportunities is rated second in total debt category among its peers. Total debt of Financials industry is currently estimated at about 1.36 Billion. Canso Select adds roughly 178,585 in total debt claiming only tiny portion of equities under Financials industry.
Total debt  Revenue  Capitalization  Valuation  Workforce

Canso Select Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Canso Select, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Canso Select will eventually generate negative long term returns. The profitability progress is the general direction of Canso Select's change in net profit over the period of time. It can combine multiple indicators of Canso Select, 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 ReportedProjected for Next Year
Operating Income955.3 KM
Net Loss-222.3 K-233.4 K
Income Before Tax-348.5 K-365.9 K
Total Other Income Expense Net-1.3 M-1.2 M
Net Income Applicable To Common Shares2.7 M2.9 M
Net Loss-222.3 K-233.4 K
Income Tax Expense-178.1 K-187 K
Net Interest Income(959.00)(1,007)
Change To Netincome935.9 K982.7 K

Canso Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Canso Select. 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 Canso Select 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 Canso Select's important profitability drivers and their relationship over time.

Use Canso Select 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 Canso Select 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 Canso Select will appreciate offsetting losses from the drop in the long position's value.

Canso Select Pair Trading

Canso Select Opportunities Pair Trading Analysis

The ability to find closely correlated positions to Canso Select could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canso Select 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 Canso Select - 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 Canso Select Opportunities to buy it.
The correlation of Canso Select 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 Canso Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canso Select Opportu 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 Canso Select 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Canso Select position

In addition to having Canso Select 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.

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Mid Cap ETFs
Mid Cap ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Mid Cap ETFs theme has 70 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 Mid Cap ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Canso Stock

To fully project Canso Select's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Canso Select Opportu 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 Canso Select's income statement, its balance sheet, and the statement of cash flows.
Potential Canso Select investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Canso Select investors may work on each financial statement separately, they are all related. The changes in Canso Select's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canso Select's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.