HOME DEPOT Earnings Per Share vs. Cash Flow From Operations
| HD Stock | 26.91 0.17 0.64% |
For HOME DEPOT profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HOME DEPOT to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HOME DEPOT CDR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HOME DEPOT's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HOME DEPOT CDR over time as well as its relative position and ranking within its peers.
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HOME DEPOT CDR Cash Flow From Operations vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining HOME DEPOT's current stock value. Our valuation model uses many indicators to compare HOME DEPOT value to that of its competitors to determine the firm's financial worth. HOME DEPOT CDR is rated below average in earnings per share category among its peers. It is rated below average in cash flow from operations category among its peers making about 21,604,081,633 of Cash Flow From Operations per Earnings Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value HOME DEPOT by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for HOME DEPOT's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.HOME Cash Flow From Operations vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
HOME DEPOT |
| = | 0.98 X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
HOME DEPOT |
| = | 21.17 B |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
HOME Cash Flow From Operations Comparison
HOME DEPOT is rated below average in cash flow from operations category among its peers.
HOME DEPOT Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in HOME DEPOT, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HOME DEPOT will eventually generate negative long term returns. The profitability progress is the general direction of HOME DEPOT's change in net profit over the period of time. It can combine multiple indicators of HOME DEPOT, 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 | -1.8 B | -1.9 B | |
| Interest Income | 178 M | 186.9 M | |
| Operating Income | 21.7 B | 22.6 B | |
| Net Income From Continuing Ops | 15.1 B | 16 B | |
| Income Before Tax | 19.9 B | 21.1 B | |
| Net Income Applicable To Common Shares | 19.7 B | 15.9 B | |
| Net Income | 15.1 B | 16 B | |
| Income Tax Expense | 6.2 B | 5 B | |
| Total Other Income Expense Net | -1000 K | -1.1 M | |
| Change To Netincome | 732.5 M | 577 M |
HOME Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on HOME DEPOT. 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 HOME DEPOT 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 HOME DEPOT's important profitability drivers and their relationship over time.
Use HOME DEPOT 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 HOME DEPOT 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 HOME DEPOT will appreciate offsetting losses from the drop in the long position's value.HOME DEPOT Pair Trading
HOME DEPOT CDR Pair Trading Analysis
The ability to find closely correlated positions to HOME DEPOT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HOME DEPOT 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 HOME DEPOT - 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 HOME DEPOT CDR to buy it.
The correlation of HOME DEPOT 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 HOME DEPOT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HOME DEPOT CDR 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 HOME DEPOT 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 HOME DEPOT position
In addition to having HOME DEPOT 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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Air
Companies specializing in air services and air delivery. The Air 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 Air Theme or any other thematic opportunities.
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Other Information on Investing in HOME Stock
To fully project HOME DEPOT's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of HOME DEPOT CDR 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 HOME DEPOT's income statement, its balance sheet, and the statement of cash flows.