GD Entertainment Total Debt vs. Return On Asset
Based on GD Entertainment's profitability indicators, GD Entertainment Technology 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 GD Entertainment's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis.
For GD Entertainment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GD Entertainment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GD Entertainment Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GD Entertainment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GD Entertainment Technology over time as well as its relative position and ranking within its peers.
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GD Entertainment Tec Return On Asset vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GD Entertainment's current stock value. Our valuation model uses many indicators to compare GD Entertainment value to that of its competitors to determine the firm's financial worth. GD Entertainment Technology is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in return on asset category among its peers . 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 GD Entertainment's earnings, one of the primary drivers of an investment's value.GDET Total Debt vs. Competition
GD Entertainment Technology is rated as one of the top companies in total debt category among its peers. Total debt of Personal Services industry is currently estimated at about 331.72 Billion. GD Entertainment adds roughly 2.21 Million in total debt claiming only tiny portion of equities listed under Personal Services industry.
GDET Return On Asset 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.
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| = | 2.21 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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
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| = | -1.6 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
GDET Return On Asset Comparison
GD Entertainment is currently under evaluation in return on asset category among its peers.
GD Entertainment Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GD Entertainment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GD Entertainment will eventually generate negative long term returns. The profitability progress is the general direction of GD Entertainment's change in net profit over the period of time. It can combine multiple indicators of GD Entertainment, 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.
GD Entertainment Technology, Inc., a blockchain-oriented company, focuses on building and managing a cryptocurrency mining colocation and mining facility. It offers smart investing in mining, providing a range of services related to mining, including supply of equipment and mining pool services. Gd Entertainment operates under Personal Services classification in the United States and is traded on OTC Exchange. It employs 1 people.
GDET Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GD Entertainment. 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 GD Entertainment 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 GD Entertainment's important profitability drivers and their relationship over time.
Use GD Entertainment 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 GD Entertainment 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 GD Entertainment will appreciate offsetting losses from the drop in the long position's value.GD Entertainment Pair Trading
GD Entertainment Technology Pair Trading Analysis
The ability to find closely correlated positions to GD Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GD Entertainment 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 GD Entertainment - 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 GD Entertainment Technology to buy it.
The correlation of GD Entertainment 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 GD Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GD Entertainment Tec 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 GD Entertainment 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 GD Entertainment position
In addition to having GD Entertainment 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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Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 48 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 Government Funds Theme or any other thematic opportunities.
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Additional Tools for GDET Pink Sheet Analysis
When running GD Entertainment's price analysis, check to measure GD Entertainment'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 GD Entertainment is operating at the current time. Most of GD Entertainment's value examination focuses on studying past and present price action to predict the probability of GD Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GD Entertainment's price. Additionally, you may evaluate how the addition of GD Entertainment to your portfolios can decrease your overall portfolio volatility.