SBM OFFSHORE Total Debt vs. Current Valuation
| IHCB Stock | EUR 16.62 0.41 2.41% |
For SBM OFFSHORE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SBM OFFSHORE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SBM OFFSHORE utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SBM OFFSHORE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SBM OFFSHORE over time as well as its relative position and ranking within its peers.
SBM |
SBM OFFSHORE Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SBM OFFSHORE's current stock value. Our valuation model uses many indicators to compare SBM OFFSHORE value to that of its competitors to determine the firm's financial worth. SBM OFFSHORE is rated below average in total debt category among its peers. It also is rated below average in current valuation category among its peers reporting about 1.37 of Current Valuation per Total Debt. 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 SBM OFFSHORE's earnings, one of the primary drivers of an investment's value.SBM Total Debt vs. Competition
SBM OFFSHORE is rated below average in total debt category among its peers. Total debt of Other industry is currently estimated at about 590.8 Billion. SBM OFFSHORE claims roughly 6.84 Billion in total debt contributing just under 2% to all equities under Other industry.
SBM Current Valuation vs. Total Debt
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.
SBM OFFSHORE |
| = | 6.84 B |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
SBM OFFSHORE |
| = | 9.36 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
SBM Current Valuation vs Competition
SBM OFFSHORE is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other industry is currently estimated at about 15.86 Trillion. SBM OFFSHORE adds roughly 9.36 Billion in current valuation claiming only tiny portion of all equities under Other industry.
SBM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SBM OFFSHORE. 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 SBM OFFSHORE 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 SBM OFFSHORE's important profitability drivers and their relationship over time.
| Total Debt vs Price To Book | ||
| Price To Sales vs Current Valuation | ||
| Total Debt vs Market Capitalization | ||
| Total Asset vs Current Valuation |
Use SBM OFFSHORE 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 SBM OFFSHORE 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 SBM OFFSHORE will appreciate offsetting losses from the drop in the long position's value.SBM OFFSHORE Pair Trading
SBM OFFSHORE Pair Trading Analysis
The ability to find closely correlated positions to SBM OFFSHORE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SBM OFFSHORE 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 SBM OFFSHORE - 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 SBM OFFSHORE to buy it.
The correlation of SBM OFFSHORE 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 SBM OFFSHORE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SBM OFFSHORE 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 SBM OFFSHORE 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 SBM OFFSHORE position
In addition to having SBM OFFSHORE 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 Shipbuilding Railroad Equipment Thematic Idea Now
Shipbuilding Railroad Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 16 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 Shipbuilding Railroad Equipment Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in SBM Stock
To fully project SBM OFFSHORE's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SBM OFFSHORE 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 SBM OFFSHORE's income statement, its balance sheet, and the statement of cash flows.