Datable Technology Current Valuation vs. Cash And Equivalents
| DAC Stock | CAD 0.04 0.00 0.00% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.39 | 0.28 |
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For Datable Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Datable Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Datable Technology Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Datable Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Datable Technology Corp over time as well as its relative position and ranking within its peers.
Datable |
Datable Technology Corp Cash And Equivalents vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Datable Technology's current stock value. Our valuation model uses many indicators to compare Datable Technology value to that of its competitors to determine the firm's financial worth. Datable Technology Corp is rated below average in current valuation category among its peers. It also is rated below average in cash and equivalents category among its peers creating about 0.11 of Cash And Equivalents per Current Valuation. The ratio of Current Valuation to Cash And Equivalents for Datable Technology Corp is roughly 9.37 . 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 Datable Technology's earnings, one of the primary drivers of an investment's value.Datable Current Valuation vs. Competition
Datable Technology Corp is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is currently estimated at about 180.14 Million. Datable Technology holds roughly 4.18 Million in current valuation claiming about 2.32% of equities under Information Technology industry.
Datable Cash And Equivalents vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Datable Technology |
| = | 4.18 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Datable Technology |
| = | 445.64 K |
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).
Datable Cash And Equivalents Comparison
Datable Technology is currently under evaluation in cash and equivalents category among its peers.
Datable Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Datable Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Datable Technology will eventually generate negative long term returns. The profitability progress is the general direction of Datable Technology's change in net profit over the period of time. It can combine multiple indicators of Datable Technology, 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 | 21.3 M | 22.3 M | |
| Operating Income | -2.1 M | -2.2 M | |
| Income Before Tax | -2.7 M | -2.8 M | |
| Total Other Income Expense Net | -119.9 K | -125.9 K | |
| Net Loss | -2.7 M | -2.8 M | |
| Income Tax Expense | 481.7 K | 505.8 K | |
| Net Interest Income | -429.7 K | -408.2 K | |
| Interest Income | 57 K | 59.9 K | |
| Net Loss | -2.7 M | -2.8 M | |
| Net Loss | -4.1 M | -4.3 M | |
| Change To Netincome | 1.5 M | 1.5 M | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.52 | 0.77 | |
| Net Income Per E B T | 0.89 | 0.79 |
Datable Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Datable Technology. 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 Datable Technology 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 Datable Technology's important profitability drivers and their relationship over time.
Use Datable Technology 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 Datable Technology 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 Datable Technology will appreciate offsetting losses from the drop in the long position's value.Datable Technology Pair Trading
Datable Technology Corp Pair Trading Analysis
The ability to find closely correlated positions to Datable Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Datable Technology 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 Datable Technology - 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 Datable Technology Corp to buy it.
The correlation of Datable Technology 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 Datable Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Datable Technology Corp 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 Datable Technology 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 Datable Technology position
In addition to having Datable Technology 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?
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Additional Tools for Datable Stock Analysis
When running Datable Technology's price analysis, check to measure Datable Technology'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 Datable Technology is operating at the current time. Most of Datable Technology's value examination focuses on studying past and present price action to predict the probability of Datable Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datable Technology's price. Additionally, you may evaluate how the addition of Datable Technology to your portfolios can decrease your overall portfolio volatility.