NextNav Warrant Return On Equity vs. Net Income

NNAVW Stock  USD 6.73  0.40  6.32%   
Based on NextNav Warrant's profitability indicators, NextNav Warrant 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 NextNav Warrant's ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.91)
Current Value
(0.96)
Quarterly Volatility
4.92852205
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, NextNav Warrant's Days Sales Outstanding is fairly stable compared to the past year. Days Of Sales Outstanding is likely to climb to 358.52 in 2024, whereas Price To Sales Ratio is likely to drop 118.19 in 2024. At this time, NextNav Warrant's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 232.1 K in 2024, whereas Operating Income is likely to drop (66.7 M) in 2024.
For NextNav Warrant profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NextNav Warrant to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NextNav Warrant utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NextNav Warrant's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NextNav Warrant over time as well as its relative position and ranking within its peers.
  

NextNav Warrant's Revenue Breakdown by Earning Segment

Check out Correlation Analysis.
For more information on how to buy NextNav Stock please use our How to Invest in NextNav Warrant guide.
Is Movies & Entertainment 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 NextNav Warrant. If investors know NextNav 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 NextNav Warrant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.37)
Revenue Per Share
0.043
Quarterly Revenue Growth
0.565
Return On Assets
(0.24)
Return On Equity
(1.15)
The market value of NextNav Warrant is measured differently than its book value, which is the value of NextNav that is recorded on the company's balance sheet. Investors also form their own opinion of NextNav Warrant's value that differs from its market value or its book value, called intrinsic value, which is NextNav Warrant'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 NextNav Warrant's market value can be influenced by many factors that don't directly affect NextNav Warrant'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 NextNav Warrant's value and its price as these two are different measures arrived at by different means. Investors typically determine if NextNav Warrant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NextNav Warrant'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.

NextNav Warrant Net Income vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining NextNav Warrant's current stock value. Our valuation model uses many indicators to compare NextNav Warrant value to that of its competitors to determine the firm's financial worth.
NextNav Warrant is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in net income category among its peers . At this time, NextNav Warrant's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value NextNav Warrant 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.

NextNav Net Income 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.

NextNav Warrant

Return On Equity

 = 

Net Income

Total Equity

 = 
-1.15
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

NextNav Warrant

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(71.73 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

NextNav Net Income Comparison

NextNav Warrant is currently under evaluation in net income category among its peers.

NextNav Warrant Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in NextNav Warrant, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NextNav Warrant will eventually generate negative long term returns. The profitability progress is the general direction of NextNav Warrant's change in net profit over the period of time. It can combine multiple indicators of NextNav Warrant, 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 Income2.2 M2.3 M
Operating Income-63.5 M-66.7 M
Income Before Tax-71.5 M-75.1 M
Total Other Income Expense Net-8 M-8.4 M
Net Loss-71.7 M-75.3 M
Income Tax Expense221 K232.1 K
Net Interest Income-3.7 M-3.8 M
Net Loss-71.7 M-75.3 M
Interest Income810.9 K720.8 K
Net Loss(0.66)(0.70)
Income Quality 0.49  0.34 
Net Income Per E B T 1.00  0.95 

NextNav Profitability Driver Comparison

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

Use NextNav Warrant 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 NextNav Warrant 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 NextNav Warrant will appreciate offsetting losses from the drop in the long position's value.

NextNav Warrant Pair Trading

NextNav Warrant Pair Trading Analysis

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

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Health Care ETFs
Health Care ETFs Theme
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Additional Tools for NextNav Stock Analysis

When running NextNav Warrant's price analysis, check to measure NextNav Warrant'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 NextNav Warrant is operating at the current time. Most of NextNav Warrant's value examination focuses on studying past and present price action to predict the probability of NextNav Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextNav Warrant's price. Additionally, you may evaluate how the addition of NextNav Warrant to your portfolios can decrease your overall portfolio volatility.