Go Solar Current Asset vs. Total Debt
Considering Go Solar's profitability and operating efficiency indicators, Go Solar USA 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 Go Solar's ability to earn profits and add value for shareholders. At this time, Go Solar's Days Sales Outstanding is very stable compared to the past year. As of the 12th of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.29, while Price To Sales Ratio is likely to drop 63.98. At this time, Go Solar's Income Quality is very stable compared to the past year. As of the 12th of December 2024, Net Income Per E B T is likely to grow to 1.05, while Operating Income is likely to drop (23.5 K).
Check out Risk vs Return Analysis.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.58 | 0.77 |
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| Return On Equity | 0.39 | 0.41 |
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For Go Solar profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Go Solar to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Go Solar USA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Go Solar's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Go Solar USA over time as well as its relative position and ranking within its peers.
GSLO |
Is Semiconductors & Semiconductor Equipment 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 Go Solar. If investors know GSLO 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 Go Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (32.50) |
The market value of Go Solar USA is measured differently than its book value, which is the value of GSLO that is recorded on the company's balance sheet. Investors also form their own opinion of Go Solar's value that differs from its market value or its book value, called intrinsic value, which is Go Solar'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 Go Solar's market value can be influenced by many factors that don't directly affect Go Solar'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 Go Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Go Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Go Solar'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.
Go Solar USA Total Debt vs. Current Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Go Solar's current stock value. Our valuation model uses many indicators to compare Go Solar value to that of its competitors to determine the firm's financial worth. Go Solar USA is one of the top stocks in current asset category among its peers. It also is rated as one of the top companies in total debt category among its peers making up about 54.35 of Total Debt per Current Asset. As of the 12th of December 2024, Total Debt To Capitalization is likely to drop to -0.31. 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 Go Solar's earnings, one of the primary drivers of an investment's value.GSLO Total Debt vs. Current Asset
Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Go Solar |
| = | 23 K |
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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.
Go Solar |
| = | 1.25 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.
GSLO Total Debt vs Competition
Go Solar USA is rated as one of the top companies in total debt category among its peers. Total debt of Information Technology industry is currently estimated at about 11.15 Billion. Go Solar adds roughly 1.25 Million in total debt claiming only tiny portion of equities under Information Technology industry.
Go Solar Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Go Solar, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Go Solar will eventually generate negative long term returns. The profitability progress is the general direction of Go Solar's change in net profit over the period of time. It can combine multiple indicators of Go Solar, 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 | ||
| Operating Income | -22.4 K | -23.5 K | |
| Net Loss | -22.7 K | -23.8 K | |
| Income Before Tax | -22.7 K | -23.8 K | |
| Total Other Income Expense Net | -7.1 M | -6.8 M | |
| Net Loss | -17.7 K | -18.6 K | |
| Net Loss | -17.7 K | -18.6 K | |
| Change To Netincome | -6.3 K | -6 K | |
| Income Quality | 0.51 | 0.88 | |
| Net Income Per E B T | 0.90 | 1.05 |
GSLO Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Go Solar. 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 Go Solar 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 Go Solar's important profitability drivers and their relationship over time.
Use Go Solar 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 Go Solar 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 Go Solar will appreciate offsetting losses from the drop in the long position's value.Go Solar Pair Trading
Go Solar USA Pair Trading Analysis
The ability to find closely correlated positions to Go Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Go Solar 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 Go Solar - 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 Go Solar USA to buy it.
The correlation of Go Solar 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 Go Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Go Solar USA 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 Go Solar 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 Go Solar position
In addition to having Go Solar 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?
Run Aggressive Funds Thematic Idea Now
Aggressive Funds
Funds or Etfs that attempt to achieve high capital gains by investing in companies with high growth potential and above average risk. The Aggressive Funds 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 Aggressive Funds Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
To fully project Go Solar's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Go Solar USA 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 Go Solar's income statement, its balance sheet, and the statement of cash flows.