Golden Tobacco Gross Profit vs. Cash And Equivalents

GOLDENTOBC   40.00  0.40  0.99%   
Considering Golden Tobacco's profitability and operating efficiency indicators, Golden Tobacco Limited may not be well positioned to generate adequate gross income at this time. It has a very high risk of underperforming in January. Profitability indicators assess Golden Tobacco's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
2006-12-31
Previous Quarter
13.6 M
Current Value
29.2 M
Quarterly Volatility
140 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
For Golden Tobacco profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Golden Tobacco to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Golden Tobacco Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Golden Tobacco's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Golden Tobacco Limited over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Golden Tobacco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Tobacco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Tobacco'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.

Golden Tobacco Cash And Equivalents vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Golden Tobacco's current stock value. Our valuation model uses many indicators to compare Golden Tobacco value to that of its competitors to determine the firm's financial worth.
Golden Tobacco Limited is one of the top stocks in gross profit category among its peers. It also is one of the top stocks in cash and equivalents category among its peers creating about  0.05  of Cash And Equivalents per Gross Profit. The ratio of Gross Profit to Cash And Equivalents for Golden Tobacco Limited is roughly  20.81 . At this time, Golden Tobacco'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 Golden Tobacco's earnings, one of the primary drivers of an investment's value.

Golden Cash And Equivalents 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.

Golden Tobacco

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
241.4 M
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.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Golden Tobacco

Cash

 = 

Bank Deposits

+

Liquidities

 = 
11.6 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Golden Cash And Equivalents Comparison

Golden Tobacco is currently under evaluation in cash and equivalents category among its peers.

Golden Tobacco Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Golden Tobacco, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Golden Tobacco will eventually generate negative long term returns. The profitability progress is the general direction of Golden Tobacco's change in net profit over the period of time. It can combine multiple indicators of Golden Tobacco, 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 Income207.3 M217.6 M
Operating Income169.2 M177.6 M
Income Before Tax68.7 M72.1 M
Total Other Income Expense Net-100.5 M-105.5 M
Net Income68.7 M72.1 M
Income Tax Expense46 K48.3 K
Net Income From Continuing Ops87.7 M92.1 M
Net Income Applicable To Common Shares87.7 M92.1 M
Interest Income2.3 M2.2 M
Net Interest Income-48.8 M-51.2 M
Change To Netincome52.1 M54.7 M

Golden Profitability Driver Comparison

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

Use Golden Tobacco 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 Golden Tobacco 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 Golden Tobacco will appreciate offsetting losses from the drop in the long position's value.

Golden Tobacco Pair Trading

Golden Tobacco Limited Pair Trading Analysis

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

In addition to having Golden Tobacco 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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Plastics
Plastics Theme
Companies manufacturing rubber and plastics accessories. The Plastics theme has 43 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 Plastics Theme or any other thematic opportunities.
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Additional Tools for Golden Stock Analysis

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