National Australia Return On Equity vs. Total Debt

NAB Stock   39.06  0.54  1.36%   
Based on the key profitability measurements obtained from National Australia's financial statements, National Australia Bank may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess National Australia's ability to earn profits and add value for shareholders.
For National Australia profitability analysis, we use financial ratios and fundamental drivers that measure the ability of National Australia to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well National Australia Bank utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between National Australia's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of National Australia Bank 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 National Australia's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Australia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Australia'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.

National Australia Bank Total Debt vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining National Australia's current stock value. Our valuation model uses many indicators to compare National Australia value to that of its competitors to determine the firm's financial worth.
National Australia Bank is considered to be number one stock in return on equity category among its peers. It also is rated top company in total debt category among its peers making up about  8,891,135,371,179  of Total Debt per Return On 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 National Australia's earnings, one of the primary drivers of an investment's value.

National 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.

National Australia

Return On Equity

 = 

Net Income

Total Equity

 = 
0.11
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.

National Australia

Total Debt

 = 

Bonds

+

Notes

 = 
1.02 T
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.

National Total Debt vs Competition

National Australia Bank is rated top company in total debt category among its peers. Total debt of Financials industry is now estimated at about 1.02 Trillion. National Australia totals roughly 1.02 Trillion in total debt claiming about 100% of equities under Financials industry.
Total debt  Valuation  Capitalization  Workforce  Revenue

National Australia Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in National Australia, profitability is also one of the essential criteria for including it into their portfolios because, without profit, National Australia will eventually generate negative long term returns. The profitability progress is the general direction of National Australia's change in net profit over the period of time. It can combine multiple indicators of National Australia, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-1.1 B-1 B
Operating Income12.7 B7.2 B
Income Before Tax9.9 B6.1 B
Net Income8.5 BB
Income Tax Expense2.8 B1.9 B
Total Other Income Expense Net9.9 B10.4 B
Net Income Applicable To Common Shares8.5 B4.7 B
Net Income From Continuing Ops7.1 B5.9 B
Net Interest Income16.8 B15.6 B
Interest Income58.3 B34.3 B
Change To Netincome4.8 BB

National Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on National Australia. 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 National Australia 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 National Australia's important profitability drivers and their relationship over time.

Use National Australia 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 National Australia 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 National Australia will appreciate offsetting losses from the drop in the long position's value.

National Australia Pair Trading

National Australia Bank Pair Trading Analysis

The ability to find closely correlated positions to National Australia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Australia 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 National Australia - 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 National Australia Bank to buy it.
The correlation of National Australia 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 National Australia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Australia Bank 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 National Australia 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your National Australia position

In addition to having National Australia 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.

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Run Investment Grade ETFs Thematic Idea Now

Investment Grade ETFs
Investment Grade ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Investment Grade ETFs theme has 260 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 Investment Grade ETFs Theme or any other thematic opportunities.
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Additional Tools for National Stock Analysis

When running National Australia's price analysis, check to measure National Australia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy National Australia is operating at the current time. Most of National Australia's value examination focuses on studying past and present price action to predict the probability of National Australia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Australia's price. Additionally, you may evaluate how the addition of National Australia to your portfolios can decrease your overall portfolio volatility.