Engineers India Total Debt vs. Shares Outstanding
| ENGINERSIN | 183.68 8.98 4.66% |
For Engineers India profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Engineers India to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Engineers India Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Engineers India's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Engineers India Limited over time as well as its relative position and ranking within its peers.
Engineers |
Engineers India Shares Outstanding vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Engineers India's current stock value. Our valuation model uses many indicators to compare Engineers India value to that of its competitors to determine the firm's financial worth. Engineers India Limited is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in shares outstanding category among its peers creating about 1.70 of Shares Outstanding per Total Debt. As of 12/23/2024, Common Stock Shares Outstanding is likely to drop to about 622.1 M. 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 Engineers India's earnings, one of the primary drivers of an investment's value.Engineers Total Debt vs. Competition
Engineers India Limited is rated as one of the top companies in total debt category among its peers. Total debt of Industrials industry is currently estimated at about 39.1 Billion. Engineers India maintains roughly 330.16 Million in total debt contributing less than 1% to equities under Industrials industry.
Engineers Shares Outstanding 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.
Engineers India |
| = | 330.16 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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Engineers India |
| = | 562.04 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Engineers Shares Outstanding Comparison
Engineers India is currently under evaluation in shares outstanding category among its peers.
Engineers India Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Engineers India, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Engineers India will eventually generate negative long term returns. The profitability progress is the general direction of Engineers India's change in net profit over the period of time. It can combine multiple indicators of Engineers India, 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 | 19.5 B | 20.5 B | |
| Operating Income | 2.6 B | 4.2 B | |
| Income Before Tax | 4.8 B | 5.5 B | |
| Total Other Income Expense Net | 2.2 B | 2.3 B | |
| Net Income | 4.5 B | 5.3 B | |
| Income Tax Expense | 1.2 B | 1.7 B | |
| Net Income From Continuing Ops | 4.5 B | 2.7 B | |
| Net Income Applicable To Common Shares | 3.1 B | 2.7 B | |
| Interest Income | 13.5 M | 12.9 M | |
| Net Interest Income | -30.5 M | -28.9 M | |
| Change To Netincome | 808.7 M | 849.1 M |
Engineers Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Engineers India. 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 Engineers India 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 Engineers India's important profitability drivers and their relationship over time.
Use Engineers India 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 Engineers India 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 Engineers India will appreciate offsetting losses from the drop in the long position's value.Engineers India Pair Trading
Engineers India Limited Pair Trading Analysis
The ability to find closely correlated positions to Engineers India could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Engineers India 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 Engineers India - 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 Engineers India Limited to buy it.
The correlation of Engineers India 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 Engineers India moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Engineers India 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 Engineers India 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 Engineers India position
In addition to having Engineers India 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 Engineers Stock Analysis
When running Engineers India's price analysis, check to measure Engineers India'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 Engineers India is operating at the current time. Most of Engineers India's value examination focuses on studying past and present price action to predict the probability of Engineers India's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Engineers India's price. Additionally, you may evaluate how the addition of Engineers India to your portfolios can decrease your overall portfolio volatility.