Healthco Healthcare Gross Profit vs. Price To Book
| HCW Stock | 1.02 0.01 0.97% |
Gross Profit | First Reported 2010-12-31 | Previous Quarter 56.8 M | Current Value 35.7 M | Quarterly Volatility 11.3 M |
For Healthco Healthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Healthco Healthcare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Healthco Healthcare and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Healthco Healthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Healthco Healthcare and over time as well as its relative position and ranking within its peers.
Healthco |
Healthco Healthcare and Price To Book vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Healthco Healthcare's current stock value. Our valuation model uses many indicators to compare Healthco Healthcare value to that of its competitors to determine the firm's financial worth. Healthco Healthcare and is rated # 5 in gross profit category among its peers. It is rated below average in price to book category among its peers . The ratio of Gross Profit to Price To Book for Healthco Healthcare and is about 34,027,496 . At this time, Healthco Healthcare'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 Healthco Healthcare's earnings, one of the primary drivers of an investment's value.Healthco Price To Book 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.
Healthco Healthcare |
| = | 21.44 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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Healthco Healthcare |
| = | 0.63 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Healthco Price To Book Comparison
Healthco Healthcare is currently under evaluation in price to book category among its peers.
Healthco Healthcare Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Healthco Healthcare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Healthco Healthcare will eventually generate negative long term returns. The profitability progress is the general direction of Healthco Healthcare's change in net profit over the period of time. It can combine multiple indicators of Healthco Healthcare, 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 | ||
| Net Interest Income | -25.8 M | -24.5 M | |
| Interest Income | 1.8 M | 1.2 M | |
| Operating Income | 69.1 M | 57.1 M | |
| Net Income From Continuing Ops | 7.3 M | 6.9 M | |
| Income Before Tax | 7.3 M | 6.9 M | |
| Total Other Income Expense Net | -61.8 M | -58.7 M | |
| Net Income Applicable To Common Shares | 18.2 M | 29.7 M | |
| Net Income | 6.9 M | 6.6 M | |
| Income Tax Expense | -31.8 M | -30.2 M | |
| Change To Netincome | -36.4 M | -38.2 M |
Healthco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Healthco Healthcare. 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 Healthco Healthcare 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 Healthco Healthcare's important profitability drivers and their relationship over time.
Use Healthco Healthcare 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 Healthco Healthcare 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 Healthco Healthcare will appreciate offsetting losses from the drop in the long position's value.Healthco Healthcare Pair Trading
Healthco Healthcare and Pair Trading Analysis
The ability to find closely correlated positions to Healthco Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Healthco Healthcare 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 Healthco Healthcare - 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 Healthco Healthcare and to buy it.
The correlation of Healthco Healthcare 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 Healthco Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Healthco Healthcare and 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 Healthco Healthcare 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 Healthco Healthcare position
In addition to having Healthco Healthcare 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 Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 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 Business Supplies Theme or any other thematic opportunities.
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Additional Tools for Healthco Stock Analysis
When running Healthco Healthcare's price analysis, check to measure Healthco Healthcare'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 Healthco Healthcare is operating at the current time. Most of Healthco Healthcare's value examination focuses on studying past and present price action to predict the probability of Healthco Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthco Healthcare's price. Additionally, you may evaluate how the addition of Healthco Healthcare to your portfolios can decrease your overall portfolio volatility.