Magnis Energy Return On Equity vs. Total Debt
| MNSEF Stock | USD 0.02 0.01 33.33% |
For Magnis Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Magnis Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Magnis Energy Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Magnis Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Magnis Energy Technologies over time as well as its relative position and ranking within its peers.
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Magnis Energy Techno Total Debt vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Magnis Energy's current stock value. Our valuation model uses many indicators to compare Magnis Energy value to that of its competitors to determine the firm's financial worth. Magnis Energy Technologies is rated below average in return on equity category among its peers. It is regarded fourth in total debt category among its peers . 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 Magnis Energy's earnings, one of the primary drivers of an investment's value.Magnis Total Debt vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Magnis Energy |
| = | -1.17 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Magnis Energy |
| = | 145.11 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Magnis Total Debt vs Competition
Magnis Energy Technologies is regarded fourth in total debt category among its peers. Total debt of Electrical Equipment & Parts industry is now estimated at about 4.89 Billion. Magnis Energy holds roughly 145.11 Million in total debt claiming about 2.97% of equities under Electrical Equipment & Parts industry.
Magnis Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Magnis Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Magnis Energy will eventually generate negative long term returns. The profitability progress is the general direction of Magnis Energy's change in net profit over the period of time. It can combine multiple indicators of Magnis 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.
Magnis Energy Technologies Limited engages in the exploration and development of mineral properties in the United States, Australia, and Tanzania. Magnis Energy Technologies Limited was incorporated in 2005 and is based in Sydney, Australia. Magnis Energy operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. It employs 20 people.
Magnis Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Magnis 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 Magnis 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 Magnis Energy's important profitability drivers and their relationship over time.
Use Magnis 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 Magnis 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 Magnis Energy will appreciate offsetting losses from the drop in the long position's value.Magnis Energy Pair Trading
Magnis Energy Technologies Pair Trading Analysis
The ability to find closely correlated positions to Magnis 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 Magnis 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 Magnis 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 Magnis Energy Technologies to buy it.
The correlation of Magnis 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 Magnis Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magnis Energy Techno 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 Magnis 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 Magnis Energy position
In addition to having Magnis 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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Dynamically computed list of top equities currently sorted across major exchanges. The Latest Losers theme has 104 constituents at this time.
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Other Information on Investing in Magnis Pink Sheet
To fully project Magnis Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Magnis Energy Techno 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 Magnis Energy's income statement, its balance sheet, and the statement of cash flows.