Greystone Housing Price To Sales vs. Current Ratio

GHI Stock   11.82  0.08  0.68%   
Considering the key profitability indicators obtained from Greystone Housing's historical financial statements, Greystone Housing's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Greystone Housing's ability to earn profits and add value for shareholders.

Greystone Housing Price To Sales Ratio

2.82

As of now, Greystone Housing's Days Of Sales Outstanding is decreasing as compared to previous years. As of now, Greystone Housing's Total Other Income Expense Net is decreasing as compared to previous years. The Greystone Housing's current Net Income Applicable To Common Shares is estimated to increase to about 80.2 M, while Income Tax Expense is projected to decrease to under 10.3 K.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Equity0.120.1169
Fairly Up
Slightly volatile
For Greystone Housing profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greystone Housing to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greystone Housing Impact utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greystone Housing's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greystone Housing Impact over time as well as its relative position and ranking within its peers.
  

Greystone Housing's Revenue Breakdown by Earning Segment

Check out Risk vs Return Analysis.
Is Regional Banks 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 Greystone Housing. If investors know Greystone 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 Greystone Housing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Dividend Share
1.475
Earnings Share
0.63
Revenue Per Share
1.49
Quarterly Revenue Growth
(0)
The market value of Greystone Housing Impact is measured differently than its book value, which is the value of Greystone that is recorded on the company's balance sheet. Investors also form their own opinion of Greystone Housing's value that differs from its market value or its book value, called intrinsic value, which is Greystone Housing'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 Greystone Housing's market value can be influenced by many factors that don't directly affect Greystone Housing'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 Greystone Housing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greystone Housing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greystone Housing'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.

Greystone Housing Impact Current Ratio vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Greystone Housing's current stock value. Our valuation model uses many indicators to compare Greystone Housing value to that of its competitors to determine the firm's financial worth.
Greystone Housing Impact is one of the top stocks in price to sales category among its peers. It is rated below average in current ratio category among its peers fabricating about  0.25  of Current Ratio per Price To Sales. The ratio of Price To Sales to Current Ratio for Greystone Housing Impact is roughly  4.06 . As of now, Greystone Housing's Price To Sales Ratio is decreasing as compared to previous years. 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 Greystone Housing's earnings, one of the primary drivers of an investment's value.

Greystone Current Ratio vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Greystone Housing

P/S

 = 

MV Per Share

Revenue Per Share

 = 
7.95 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.

Greystone Housing

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
1.96 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).

Greystone Current Ratio Comparison

Greystone Housing is currently under evaluation in current ratio category among its peers.

Greystone Housing Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Greystone Housing, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Greystone Housing will eventually generate negative long term returns. The profitability progress is the general direction of Greystone Housing's change in net profit over the period of time. It can combine multiple indicators of Greystone Housing, 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 Income431.7 M453.3 M
Operating Income136.8 M143.6 M
Net Income50.4 M52.9 M
Income Tax Expense10.9 K10.3 K
Income Before Tax54 M28.5 M
Total Other Income Expense Net36.2 M38.1 M
Net Income Applicable To Common Shares76.4 M80.2 M
Net Interest Income-51.3 M-48.7 M
Interest Income17.8 M10.1 M
Net Income From Continuing Ops54 M43.4 M
Change To Netincome-42.4 M-40.3 M
Net Income Per Share 2.06  1.35 
Income Quality 0.49  0.47 
Net Income Per E B T 0.93  1.16 

Greystone Profitability Driver Comparison

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

Use Greystone Housing 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 Greystone Housing 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 Greystone Housing will appreciate offsetting losses from the drop in the long position's value.

Greystone Housing Pair Trading

Greystone Housing Impact Pair Trading Analysis

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

In addition to having Greystone Housing 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.

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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Rubber and Plastic Products theme has 27 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 Rubber and Plastic Products Theme or any other thematic opportunities.
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When determining whether Greystone Housing Impact offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greystone Housing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Greystone Housing Impact Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greystone Housing Impact Stock:
Check out Risk vs Return Analysis.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
To fully project Greystone Housing's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Greystone Housing Impact 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 Greystone Housing's income statement, its balance sheet, and the statement of cash flows.
Potential Greystone Housing investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Greystone Housing investors may work on each financial statement separately, they are all related. The changes in Greystone Housing's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Greystone Housing'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.