Magellan Energy Gross Profit vs. Revenue
Based on the key profitability measurements obtained from Magellan Energy's financial statements, Magellan Energy may not be well positioned to generate adequate gross income at this time. It has a very high risk of underperforming in January. Profitability indicators assess Magellan Energy's ability to earn profits and add value for shareholders.
Check out Correlation Analysis. For more detail on how to invest in Magellan Stock please use our How to Invest in Magellan Energy guide.
Gross Profit | First Reported 2010-12-31 | Previous Quarter 8.3 M | Current Value 4.7 M | Quarterly Volatility 1.8 M |
For Magellan Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Magellan Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Magellan Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Magellan Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Magellan Energy over time as well as its relative position and ranking within its peers.
Magellan |
Is Oil & Gas Exploration & Production 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 Magellan Energy. If investors know Magellan 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 Magellan Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth (0.32) | Return On Assets (0.05) | Return On Equity (0.99) |
The market value of Magellan Energy is measured differently than its book value, which is the value of Magellan that is recorded on the company's balance sheet. Investors also form their own opinion of Magellan Energy's value that differs from its market value or its book value, called intrinsic value, which is Magellan Energy'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 Magellan Energy's market value can be influenced by many factors that don't directly affect Magellan Energy'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 Magellan Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magellan Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magellan Energy'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.
Magellan Energy Revenue vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Magellan Energy's current stock value. Our valuation model uses many indicators to compare Magellan Energy value to that of its competitors to determine the firm's financial worth. Magellan Energy is regarded second in gross profit category among its peers. It is rated top company in revenue category among its peers totaling about 6.05 of Revenue per Gross Profit. At this time, Magellan Energy's Gross Profit is most likely to increase significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Magellan Energy 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.Magellan Revenue vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Magellan Energy |
| = | 7.18 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Magellan Energy |
| = | 43.44 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Magellan Revenue vs Competition
Magellan Energy is rated top company in revenue category among its peers. Market size based on revenue of Energy industry is now estimated at about 75.21 Million. Magellan Energy totals roughly 43.44 Million in revenue claiming about 58% of equities under Energy industry.
Magellan Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Magellan Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Magellan Energy will eventually generate negative long term returns. The profitability progress is the general direction of Magellan Energy's change in net profit over the period of time. It can combine multiple indicators of Magellan Energy, 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 | ||
| Operating Income | -2.3 M | -2.2 M | |
| Net Loss | -4 M | -3.8 M | |
| Income Before Tax | -4.8 M | -4.6 M | |
| Total Other Income Expense Net | -2.5 M | -2.4 M | |
| Net Loss | -4.1 M | -3.9 M | |
| Net Loss | -3.9 M | -3.7 M | |
| Income Tax Expense | -792.9 K | -753.3 K | |
| Change To Netincome | -206 K | -195.7 K |
Magellan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Magellan Energy. 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 Magellan Energy 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 Magellan Energy's important profitability drivers and their relationship over time.
Use Magellan Energy 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 Magellan Energy 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 Magellan Energy will appreciate offsetting losses from the drop in the long position's value.Magellan Energy Pair Trading
Magellan Energy Pair Trading Analysis
The ability to find closely correlated positions to Magellan Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magellan Energy 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 Magellan Energy - 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 Magellan Energy to buy it.
The correlation of Magellan Energy 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 Magellan Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magellan Energy 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 Magellan Energy 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 Magellan Energy position
In addition to having Magellan Energy 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 Correlation Analysis. For more detail on how to invest in Magellan Stock please use our How to Invest in Magellan Energy guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
To fully project Magellan Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Magellan Energy 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 Magellan Energy's income statement, its balance sheet, and the statement of cash flows.