DECKERS OUTDOOR EBITDA vs. Net Income
| DO2 Stock | 201.10 5.35 2.73% |
For DECKERS OUTDOOR profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DECKERS OUTDOOR to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DECKERS OUTDOOR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DECKERS OUTDOOR's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DECKERS OUTDOOR over time as well as its relative position and ranking within its peers.
DECKERS |
DECKERS OUTDOOR Net Income vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DECKERS OUTDOOR's current stock value. Our valuation model uses many indicators to compare DECKERS OUTDOOR value to that of its competitors to determine the firm's financial worth. DECKERS OUTDOOR is one of the top stocks in ebitda category among its peers. It also is one of the top stocks in net income category among its peers making up about 0.74 of Net Income per EBITDA. The ratio of EBITDA to Net Income for DECKERS OUTDOOR is roughly 1.35 . 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 DECKERS OUTDOOR's earnings, one of the primary drivers of an investment's value.DECKERS Net Income 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.
DECKERS OUTDOOR |
| = | 609.6 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.
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.
DECKERS OUTDOOR |
| = | 451.95 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.
DECKERS Net Income Comparison
DECKERS OUTDOOR is currently under evaluation in net income category among its peers.
DECKERS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DECKERS OUTDOOR. 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 DECKERS OUTDOOR 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 DECKERS OUTDOOR's important profitability drivers and their relationship over time.
Use DECKERS OUTDOOR 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 DECKERS OUTDOOR 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 DECKERS OUTDOOR will appreciate offsetting losses from the drop in the long position's value.DECKERS OUTDOOR Pair Trading
DECKERS OUTDOOR Pair Trading Analysis
The ability to find closely correlated positions to DECKERS OUTDOOR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DECKERS OUTDOOR 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 DECKERS OUTDOOR - 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 DECKERS OUTDOOR to buy it.
The correlation of DECKERS OUTDOOR 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 DECKERS OUTDOOR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DECKERS OUTDOOR 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 DECKERS OUTDOOR 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 DECKERS OUTDOOR position
In addition to having DECKERS OUTDOOR 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 Restaraunts Hotels Motels Thematic Idea Now
Restaraunts Hotels Motels
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Restaraunts Hotels Motels 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 Restaraunts Hotels Motels Theme or any other thematic opportunities.
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Additional Tools for DECKERS Stock Analysis
When running DECKERS OUTDOOR's price analysis, check to measure DECKERS OUTDOOR'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 DECKERS OUTDOOR is operating at the current time. Most of DECKERS OUTDOOR's value examination focuses on studying past and present price action to predict the probability of DECKERS OUTDOOR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DECKERS OUTDOOR's price. Additionally, you may evaluate how the addition of DECKERS OUTDOOR to your portfolios can decrease your overall portfolio volatility.