Ultrack Systems Debt To Equity vs. Retained Earnings
| MJLB Stock | USD 0.0002 0.0001 33.33% |
For Ultrack Systems profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ultrack Systems to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ultrack Systems utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ultrack Systems's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ultrack Systems over time as well as its relative position and ranking within its peers.
Ultrack |
Ultrack Systems Retained Earnings vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ultrack Systems's current stock value. Our valuation model uses many indicators to compare Ultrack Systems value to that of its competitors to determine the firm's financial worth. Ultrack Systems is considered to be number one stock in debt to equity category among its peers. It also is considered to be number one stock in retained earnings category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ultrack Systems by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ultrack Systems' Pink Sheet. 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.Ultrack Retained Earnings 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.
Ultrack Systems |
| = | 0.36 % |
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.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Ultrack Systems |
| = | (70 K) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Ultrack Retained Earnings Comparison
Ultrack Systems is currently under evaluation in retained earnings category among its peers.
Ultrack Systems Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ultrack Systems, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ultrack Systems will eventually generate negative long term returns. The profitability progress is the general direction of Ultrack Systems' change in net profit over the period of time. It can combine multiple indicators of Ultrack Systems, 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.
Ultrack Systems, Inc. operates in the fleet tracking industry. Its products include battery-powered asset tracking devices, solar powered asset tracking devices, hard wired GPS trackers, GPS padlocks, plug and play trackers, iridium satellite trackers, and GPS dash camera tracker, as well as yard camera HD 720P solar and battery power IP yard cameras. Ultrack Systems operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 18 people.
Ultrack Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ultrack Systems. 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 Ultrack Systems 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 Ultrack Systems' important profitability drivers and their relationship over time.
Use Ultrack Systems 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 Ultrack Systems 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 Ultrack Systems will appreciate offsetting losses from the drop in the long position's value.Ultrack Systems Pair Trading
Ultrack Systems Pair Trading Analysis
The ability to find closely correlated positions to Ultrack Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ultrack Systems 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 Ultrack Systems - 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 Ultrack Systems to buy it.
The correlation of Ultrack Systems 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 Ultrack Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ultrack Systems 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 Ultrack Systems 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 Ultrack Systems position
In addition to having Ultrack Systems 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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Other Information on Investing in Ultrack Pink Sheet
To fully project Ultrack Systems' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ultrack Systems 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 Ultrack Systems' income statement, its balance sheet, and the statement of cash flows.