Incannex Healthcare EBITDA vs. Operating Margin
| IXHL Stock | USD 1.72 0.06 3.37% |
EBITDA | First Reported 2010-12-31 | Previous Quarter -18.5 M | Current Value -17.6 M | Quarterly Volatility 7 M |
For Incannex Healthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Incannex Healthcare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Incannex Healthcare Ltd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Incannex Healthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Incannex Healthcare Ltd over time as well as its relative position and ranking within its peers.
Incannex |
Is Biotechnology 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 Incannex Healthcare. If investors know Incannex 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 Incannex Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.36) | Revenue Per Share 0.001 | Quarterly Revenue Growth 0.296 | Return On Assets (0.57) | Return On Equity (1.15) |
The market value of Incannex Healthcare is measured differently than its book value, which is the value of Incannex that is recorded on the company's balance sheet. Investors also form their own opinion of Incannex Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Incannex Healthcare'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 Incannex Healthcare's market value can be influenced by many factors that don't directly affect Incannex Healthcare'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 Incannex Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Incannex Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Incannex Healthcare'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.
Incannex Healthcare Operating Margin vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Incannex Healthcare's current stock value. Our valuation model uses many indicators to compare Incannex Healthcare value to that of its competitors to determine the firm's financial worth. Incannex Healthcare Ltd is rated below average in ebitda category among its peers. It also is rated below average in operating margin category among its peers . The company's current value of EBITDA is estimated at (17.58 Million). Comparative valuation analysis is a catch-all technique that is used if you cannot value Incannex Healthcare by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Incannex Operating Margin vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Incannex Healthcare |
| = | (18.5 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Incannex Healthcare |
| = | (538.33) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Incannex Operating Margin Comparison
Incannex Healthcare is currently under evaluation in operating margin category among its peers.
Incannex Healthcare Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Incannex Healthcare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Incannex Healthcare will eventually generate negative long term returns. The profitability progress is the general direction of Incannex Healthcare's change in net profit over the period of time. It can combine multiple indicators of Incannex 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 | ||
| Accumulated Other Comprehensive Income | -3.3 M | -3.2 M | |
| Operating Income | -30 M | -28.5 M | |
| Income Before Tax | -18.4 M | -17.5 M | |
| Total Other Income Expense Net | 11.6 M | 12.2 M | |
| Net Loss | -18.5 M | -17.5 M | |
| Income Tax Expense | 27 K | 28.4 K | |
| Net Interest Income | 206 K | 216.3 K | |
| Interest Income | 206 K | 216.3 K | |
| Net Loss | -18.5 M | -17.5 M | |
| Net Loss | -18 M | -17.1 M | |
| Change To Netincome | 3.7 M | 1.8 M | |
| Net Loss | (1.14) | (1.20) | |
| Income Quality | 0.86 | 0.49 | |
| Net Income Per E B T | 0.90 | 0.86 |
Incannex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Incannex 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 Incannex 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 Incannex Healthcare's important profitability drivers and their relationship over time.
Use Incannex 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 Incannex 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 Incannex Healthcare will appreciate offsetting losses from the drop in the long position's value.Incannex Healthcare Pair Trading
Incannex Healthcare Ltd Pair Trading Analysis
The ability to find closely correlated positions to Incannex 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 Incannex 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 Incannex 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 Incannex Healthcare Ltd to buy it.
The correlation of Incannex 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 Incannex Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Incannex Healthcare 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 Incannex 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 Incannex Healthcare position
In addition to having Incannex 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?
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Check out Risk vs Return Analysis. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
To fully project Incannex Healthcare's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Incannex Healthcare 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 Incannex Healthcare's income statement, its balance sheet, and the statement of cash flows.