Elevate Uranium Gross Profit vs. Total Debt

EL8 Stock   0.28  0.01  3.45%   
Taking into consideration Elevate Uranium's profitability measurements, Elevate Uranium 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 Elevate Uranium's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
2012-09-30
Previous Quarter
-58.8 K
Current Value
-62.9 K
Quarterly Volatility
37.8 K
 
Yuan Drop
 
Covid
For Elevate Uranium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elevate Uranium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elevate Uranium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elevate Uranium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elevate Uranium over time as well as its relative position and ranking within its peers.
  
Check out Investing Opportunities.
Please note, there is a significant difference between Elevate Uranium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elevate Uranium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elevate Uranium'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.

Elevate Uranium Total Debt vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Elevate Uranium's current stock value. Our valuation model uses many indicators to compare Elevate Uranium value to that of its competitors to determine the firm's financial worth.
Elevate Uranium is one of the top stocks in gross profit category among its peers. It also is rated as one of the top companies in total debt category among its peers making up about  0.64  of Total Debt per Gross Profit. The ratio of Gross Profit to Total Debt for Elevate Uranium is roughly  1.57 . At this time, Elevate Uranium's Gross Profit is comparatively stable compared to the past year. 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 Elevate Uranium's earnings, one of the primary drivers of an investment's value.

Elevate Total Debt vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Elevate Uranium

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
116.86 K
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.

Elevate Uranium

Total Debt

 = 

Bonds

+

Notes

 = 
74.21 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.

Elevate Total Debt vs Competition

Elevate Uranium is rated as one of the top companies in total debt category among its peers. Total debt of Energy industry is currently estimated at about 108.09 Million. Elevate Uranium adds roughly 74,213 in total debt claiming only tiny portion of equities under Energy industry.
Total debt  Valuation  Revenue  Capitalization  Workforce

Elevate Uranium Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Elevate Uranium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elevate Uranium will eventually generate negative long term returns. The profitability progress is the general direction of Elevate Uranium's change in net profit over the period of time. It can combine multiple indicators of Elevate Uranium, 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
Accumulated Other Comprehensive Income4.6 M4.9 M
Operating Income-10.5 M-10 M
Income Before Tax-10.8 M-10.2 M
Total Other Income Expense Net-263.8 K-250.6 K
Net Loss-10.8 M-10.2 M
Income Tax Expense-255.7 K-268.5 K
Interest Income24.3 K23.1 K
Net Loss-7.9 M-7.5 M
Net Interest Income253.2 K265.9 K
Net Loss-7.8 M-7.4 M
Change To Netincome3.5 M3.7 M

Elevate Profitability Driver Comparison

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

Use Elevate Uranium 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 Elevate Uranium 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 Elevate Uranium will appreciate offsetting losses from the drop in the long position's value.

Elevate Uranium Pair Trading

Elevate Uranium Pair Trading Analysis

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

In addition to having Elevate Uranium 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 Services Thematic Idea Now

Services
Services Theme
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for Elevate Stock Analysis

When running Elevate Uranium's price analysis, check to measure Elevate Uranium'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 Elevate Uranium is operating at the current time. Most of Elevate Uranium's value examination focuses on studying past and present price action to predict the probability of Elevate Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elevate Uranium's price. Additionally, you may evaluate how the addition of Elevate Uranium to your portfolios can decrease your overall portfolio volatility.