Holand Og Price To Sales vs. Cash And Equivalents

HSPG Stock  NOK 140.00  8.50  6.46%   
Considering the key profitability indicators obtained from Holand Og's historical financial statements, Holand og Setskog may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Holand Og's ability to earn profits and add value for shareholders.
For Holand Og profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Holand Og to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Holand og Setskog utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Holand Og's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Holand og Setskog over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Holand Og's value and its price as these two are different measures arrived at by different means. Investors typically determine if Holand Og is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Holand Og'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.

Holand og Setskog Cash And Equivalents vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Holand Og's current stock value. Our valuation model uses many indicators to compare Holand Og value to that of its competitors to determine the firm's financial worth.
Holand og Setskog is rated # 4 in price to sales category among its peers. It is one of the top stocks in cash and equivalents category among its peers creating about  1,388,701,024  of Cash And Equivalents per Price To Sales. 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 Holand Og's earnings, one of the primary drivers of an investment's value.

Holand Cash And Equivalents 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.

Holand Og

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.62 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.
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.

Holand Og

Cash

 = 

Bank Deposits

+

Liquidities

 = 
854.19 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).

Holand Cash And Equivalents Comparison

Holand Og is currently under evaluation in cash and equivalents category among its peers.

Holand Og Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Holand Og, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Holand Og will eventually generate negative long term returns. The profitability progress is the general direction of Holand Og's change in net profit over the period of time. It can combine multiple indicators of Holand Og, 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.
Hland og Setskog Sparebank, a savings bank, provides banking products and services to private and business clients. Hland og Setskog Sparebank was founded in 1849 and is based in Bjrkelangen, Norway. HOLAND SETSK is traded on Oslo Stock Exchange in Norway.

Holand Profitability Driver Comparison

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

Use Holand Og 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 Holand Og 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 Holand Og will appreciate offsetting losses from the drop in the long position's value.

Holand Og Pair Trading

Holand og Setskog Pair Trading Analysis

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

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Other Information on Investing in Holand Stock

To fully project Holand Og's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Holand og Setskog 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 Holand Og's income statement, its balance sheet, and the statement of cash flows.
Potential Holand Og investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Holand Og investors may work on each financial statement separately, they are all related. The changes in Holand Og's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Holand Og'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.