Mirvac Debt To Equity vs. Total Asset
| MJB Stock | EUR 1.10 0.04 3.51% |
For Mirvac profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mirvac to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mirvac Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mirvac's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mirvac Group over time as well as its relative position and ranking within its peers.
Mirvac |
Mirvac Group Total Asset vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mirvac's current stock value. Our valuation model uses many indicators to compare Mirvac value to that of its competitors to determine the firm's financial worth. Mirvac Group is rated below average in debt to equity category among its peers. It is regarded fifth in total asset category among its peers fabricating about 413,581,731 of Total Asset per Debt To Equity. 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 Mirvac's earnings, one of the primary drivers of an investment's value.Mirvac Total Asset vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Mirvac |
| = | 41.60 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Mirvac |
| = | 17.2 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Mirvac Total Asset Comparison
Mirvac is regarded fourth in total asset category among its peers.
Mirvac Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mirvac, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mirvac will eventually generate negative long term returns. The profitability progress is the general direction of Mirvac's change in net profit over the period of time. It can combine multiple indicators of Mirvac, 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.
Mirvac is a leading, diversified Australian property group, with an integrated development and asset management capability. With a strong focus on our customers, were asked to think about how we can redefine the landscape and create more sustainable, connected and vibrant urban environments, leaving a lasting legacy for generations to come. Mirvac operates under REIT - Office classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1591 people.
Mirvac Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mirvac. 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 Mirvac 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 Mirvac's important profitability drivers and their relationship over time.
Use Mirvac 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 Mirvac 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 Mirvac will appreciate offsetting losses from the drop in the long position's value.Mirvac Pair Trading
Mirvac Group Pair Trading Analysis
The ability to find closely correlated positions to Mirvac could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mirvac 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 Mirvac - 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 Mirvac Group to buy it.
The correlation of Mirvac 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 Mirvac moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mirvac Group 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 Mirvac 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 Mirvac position
In addition to having Mirvac 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 Cash Cows Thematic Idea Now
Cash Cows
Entities with stable and reliable earnings or profits, which allows them to pay consistent dividends to their shareholders. The Cash Cows theme has 25 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 Cash Cows Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Mirvac Stock
To fully project Mirvac's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mirvac Group 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 Mirvac's income statement, its balance sheet, and the statement of cash flows.