Eastern Silk Total Debt vs. Market Capitalization
| EASTSILK | 1.80 0.00 0.00% |
For Eastern Silk profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eastern Silk to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eastern Silk Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eastern Silk's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eastern Silk Industries over time as well as its relative position and ranking within its peers.
Eastern |
Eastern Silk Industries Market Capitalization vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eastern Silk's current stock value. Our valuation model uses many indicators to compare Eastern Silk value to that of its competitors to determine the firm's financial worth. Eastern Silk Industries is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in market capitalization category among its peers creating about 0.29 of Market Capitalization per Total Debt. The ratio of Total Debt to Market Capitalization for Eastern Silk Industries is roughly 3.46 . 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 Eastern Silk's earnings, one of the primary drivers of an investment's value.Eastern Total Debt vs. Competition
Eastern Silk Industries is rated as one of the top companies in total debt category among its peers. Total debt of Consumer Discretionary industry is currently estimated at about 58.65 Trillion. Eastern Silk adds roughly 581.52 Million in total debt claiming only tiny portion of stocks in Consumer Discretionary industry.
Eastern Market Capitalization 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.
Eastern Silk |
| = | 581.52 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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Eastern Silk |
| = | 168.17 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Eastern Market Capitalization vs Competition
Eastern Silk Industries is one of the top stocks in market capitalization category among its peers. Market capitalization of Consumer Discretionary industry is currently estimated at about 27.4 Trillion. Eastern Silk adds roughly 168.17 Million in market capitalization claiming only tiny portion of stocks in Consumer Discretionary industry.
Eastern Silk Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eastern Silk, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eastern Silk will eventually generate negative long term returns. The profitability progress is the general direction of Eastern Silk's change in net profit over the period of time. It can combine multiple indicators of Eastern Silk, 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 | 468.6 M | 492 M | |
| Operating Income | -132.4 M | -139 M | |
| Income Before Tax | -118.6 M | -124.6 M | |
| Total Other Income Expense Net | 13.8 M | 14.5 M | |
| Net Loss | -123 M | -129.2 M | |
| Income Tax Expense | 4.4 M | 4.6 M | |
| Net Loss | -123 M | -129.2 M | |
| Net Loss | -166 M | -174.3 M | |
| Interest Income | 12.9 M | 13.5 M | |
| Net Interest Income | -378 K | -396.9 K | |
| Change To Netincome | 11.3 M | 10.7 M |
Eastern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eastern Silk. 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 Eastern Silk 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 Eastern Silk's important profitability drivers and their relationship over time.
Use Eastern Silk 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 Eastern Silk 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 Eastern Silk will appreciate offsetting losses from the drop in the long position's value.Eastern Silk Pair Trading
Eastern Silk Industries Pair Trading Analysis
The ability to find closely correlated positions to Eastern Silk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastern Silk 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 Eastern Silk - 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 Eastern Silk Industries to buy it.
The correlation of Eastern Silk 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 Eastern Silk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastern Silk Industries 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 Eastern Silk 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 Eastern Silk position
In addition to having Eastern Silk 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 Money Market Funds Thematic Idea Now
Money Market Funds
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 38 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 Money Market Funds Theme or any other thematic opportunities.
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Other Information on Investing in Eastern Stock
To fully project Eastern Silk's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eastern Silk Industries 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 Eastern Silk's income statement, its balance sheet, and the statement of cash flows.