ERecord Management Debt To Equity vs. Current Ratio

ERMG Stock  USD 0.0002  0.00  0.00%   
Based on ERecord Management's profitability indicators, ERecord Management 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 ERecord Management's ability to earn profits and add value for shareholders.
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
(1.11)
Current Value
(1.16)
Quarterly Volatility
0.03454497
 
Credit Downgrade
 
Yuan Drop
 
Covid
The current Days Sales Outstanding is estimated to decrease to 31.55. The current EV To Sales is estimated to decrease to 0.76. The ERecord Management's current Total Other Income Expense Net is estimated to increase to about 11.1 K, while Operating Income is projected to decrease to (877 K).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.110.13
Fairly Down
Slightly volatile
Operating Profit Margin0.620.7
Fairly Down
Slightly volatile
Pretax Profit Margin0.660.74
Fairly Down
Slightly volatile
Return On Equity0.931.04
Moderately Down
Slightly volatile
For ERecord Management profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ERecord Management to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ERecord Management utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ERecord Management's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ERecord Management over time as well as its relative position and ranking within its peers.
  
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For more detail on how to invest in ERecord Stock please use our How to Invest in ERecord Management guide.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ERecord Management. If investors know ERecord will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ERecord Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
1.148
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.51)
Return On Equity
(1.15)
The market value of ERecord Management is measured differently than its book value, which is the value of ERecord that is recorded on the company's balance sheet. Investors also form their own opinion of ERecord Management's value that differs from its market value or its book value, called intrinsic value, which is ERecord Management's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ERecord Management's market value can be influenced by many factors that don't directly affect ERecord Management's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ERecord Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if ERecord Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ERecord Management'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.

ERecord Management Current Ratio vs. Debt To Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining ERecord Management's current stock value. Our valuation model uses many indicators to compare ERecord Management value to that of its competitors to determine the firm's financial worth.
ERecord Management is rated # 4 in debt to equity category among its peers. It is rated # 5 in current ratio category among its peers fabricating about  0.06  of Current Ratio per Debt To Equity. The ratio of Debt To Equity to Current Ratio for ERecord Management is roughly  15.70 . At this time, ERecord Management's Debt To Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value ERecord Management by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

ERecord Current Ratio vs. Debt To Equity

Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

ERecord Management

D/E

 = 

Total Debt

Total Equity

 = 
0.79 %
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

ERecord Management

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
0.05 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

ERecord Current Ratio Comparison

ERecord Management is currently under evaluation in current ratio category among its peers.

ERecord Management Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in ERecord Management, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ERecord Management will eventually generate negative long term returns. The profitability progress is the general direction of ERecord Management's change in net profit over the period of time. It can combine multiple indicators of ERecord Management, 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
Operating Income-835.3 K-877 K
Net Loss-824.7 K-866 K
Income Before Tax-824.7 K-866 K
Total Other Income Expense Net10.5 K11.1 K
Net Loss-824.7 K-866 K
Net Loss-824.7 K-866 K
Change To Netincome41 K38.9 K
Income Quality 0.13  0.11 
Net Loss(1.01)(1.06)

ERecord Profitability Driver Comparison

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

Use ERecord Management 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 ERecord Management 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 ERecord Management will appreciate offsetting losses from the drop in the long position's value.

ERecord Management Pair Trading

ERecord Management Pair Trading Analysis

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

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Corona Opportunity
Corona Opportunity Theme
Firms that are involved in some capacity in making products or providing services to the public to buttle the virus directly or indirectly. This also includes some defencive and contrarian stocks and ETFs that are managing to avoid the big market correction coused by coronavirus. The Corona Opportunity theme has 46 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 Corona Opportunity Theme or any other thematic opportunities.
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When determining whether ERecord Management is a strong investment it is important to analyze ERecord Management's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ERecord Management's future performance. For an informed investment choice regarding ERecord Stock, refer to the following important reports:
Check out Investing Opportunities.
For more detail on how to invest in ERecord Stock please use our How to Invest in ERecord Management guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
To fully project ERecord Management's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ERecord Management 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 ERecord Management's income statement, its balance sheet, and the statement of cash flows.
Potential ERecord Management investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although ERecord Management investors may work on each financial statement separately, they are all related. The changes in ERecord Management's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ERecord Management's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.