Eco Animal Total Debt vs. Net Income
| EAH Stock | 69.00 1.50 2.13% |
For Eco Animal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eco Animal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eco Animal Health utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eco Animal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eco Animal Health over time as well as its relative position and ranking within its peers.
Eco |
Eco Animal Health Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eco Animal's current stock value. Our valuation model uses many indicators to compare Eco Animal value to that of its competitors to determine the firm's financial worth. Eco Animal Health is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in net income category among its peers making up about 0.26 of Net Income per Total Debt. The ratio of Total Debt to Net Income for Eco Animal Health is roughly 3.84 . At present, Eco Animal's Net Income is projected to decrease significantly based on the last few years of reporting. 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 Eco Animal's earnings, one of the primary drivers of an investment's value.Eco Total Debt vs. Competition
Eco Animal Health is rated as one of the top companies in total debt category among its peers. Total debt of Health Care industry is currently estimated at about 9.84 Billion. Eco Animal adds roughly 4.03 Million in total debt claiming only tiny portion of equities under Health Care industry.
Eco Net Income vs. Total Debt
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.
Eco Animal |
| = | 4.03 M |
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.
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.
Eco Animal |
| = | 1.05 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.
Eco Net Income Comparison
Eco Animal is currently under evaluation in net income category among its peers.
Eco Animal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eco Animal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eco Animal will eventually generate negative long term returns. The profitability progress is the general direction of Eco Animal's change in net profit over the period of time. It can combine multiple indicators of Eco Animal, 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 | 1.2 M | 1.2 M | |
| Income Before Tax | 3 M | 4.4 M | |
| Net Income | 1 M | 995.6 K | |
| Income Tax Expense | 966 K | 730 K | |
| Operating Income | 3.5 M | 4.3 M | |
| Total Other Income Expense Net | -561 K | -533 K | |
| Net Loss | -788.9 K | -749.5 K | |
| Net Income From Continuing Ops | 2 M | 1.9 M | |
| Net Interest Income | -614 K | -583.3 K | |
| Interest Income | 150 K | 144.8 K | |
| Change To Netincome | 662.4 K | 629.3 K |
Eco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eco Animal. 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 Eco Animal 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 Eco Animal's important profitability drivers and their relationship over time.
Use Eco Animal 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 Eco Animal 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 Eco Animal will appreciate offsetting losses from the drop in the long position's value.Eco Animal Pair Trading
Eco Animal Health Pair Trading Analysis
The ability to find closely correlated positions to Eco Animal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eco Animal 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 Eco Animal - 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 Eco Animal Health to buy it.
The correlation of Eco Animal 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 Eco Animal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eco Animal Health 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 Eco Animal 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 Eco Animal position
In addition to having Eco Animal 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 Disruptive Technologies Thematic Idea Now
Disruptive Technologies
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 64 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 Disruptive Technologies Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Eco Stock
To fully project Eco Animal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eco Animal Health 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 Eco Animal's income statement, its balance sheet, and the statement of cash flows.