| KBL Stock | | | CAD 39.36 0.61 1.57% |
Considering K Bro's profitability and operating efficiency indicators, K Bro Linen is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess K Bro's ability to earn profits and add value for shareholders. At this time, K Bro's
Price To Sales Ratio is very stable compared to the past year. As of the 4th of December 2024,
Sales General And Administrative To Revenue is likely to grow to 0.64, while
Days Sales Outstanding is likely to drop 37.66. At this time, K Bro's
Income Quality is very stable compared to the past year. As of the 4th of December 2024,
Net Income Per E B T is likely to grow to 0.97, while
Accumulated Other Comprehensive Income is likely to drop (175.3
K).
For K Bro profitability analysis, we use financial ratios and fundamental drivers that measure the ability of K Bro to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well K Bro Linen utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between K Bro's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of K Bro Linen over time as well as its relative position and ranking within its peers.
Check out
Correlation Analysis.
Please note, there is a significant difference between K Bro's value and its price as these two are different measures arrived at by different means. Investors typically determine if K Bro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, K Bro'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.
K Bro Linen Cash And Equivalents vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining K Bro's current stock value. Our valuation model uses many indicators to compare K Bro value to that of its competitors to determine the firm's financial worth.
K Bro Linen is rated
fourth overall in price to book category among its peers. It also is rated
fourth overall in cash and equivalents category among its peers creating about
1,224,509 of Cash And Equivalents per Price To Book. At this time, K Bro's Cash And Equivalents is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value K Bro by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for K Bro'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.
KBL Cash And Equivalents vs. Price To Book
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.
K Bro | P/B | = | MV Per ShareBV Per Share |
| = | 2.15 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.
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.
K Bro | Cash | = | Bank Deposits | + | Liquidities |
| = | 2.64 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).
KBL Cash And Equivalents Comparison
K Bro is currently under evaluation in cash and equivalents category among its peers.
K Bro Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in K Bro, profitability is also one of the essential criteria for including it into their portfolios because, without profit, K Bro will eventually generate negative long term returns. The profitability progress is the general direction of K Bro's change in net profit over the period of time. It can combine
multiple indicators of K Bro, 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.
KBL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on K Bro. 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 K Bro 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 K Bro's important profitability drivers and their relationship over time.
Use K Bro 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 K Bro 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 K Bro will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to K Bro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace K Bro 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 K Bro - 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 K Bro Linen to buy it.
The correlation of K Bro 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 K Bro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if K Bro Linen 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 K Bro 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 K Bro position
In addition to having K Bro 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.
Macroaxis Picks
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 50 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
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Other Information on Investing in KBL Stock
To fully project K Bro's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of K Bro Linen 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 K Bro's income statement, its balance sheet, and the statement of cash flows.
Potential K Bro investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although K Bro investors may work on each financial statement separately, they are all related. The changes in K Bro's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on K Bro'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.
