Punjab Chemicals Return On Asset vs. Total Debt
| PUNJABCHEM | 1,071 52.95 4.71% |
For Punjab Chemicals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Punjab Chemicals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Punjab Chemicals Crop utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Punjab Chemicals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Punjab Chemicals Crop over time as well as its relative position and ranking within its peers.
Punjab |
Punjab Chemicals Crop Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Punjab Chemicals's current stock value. Our valuation model uses many indicators to compare Punjab Chemicals value to that of its competitors to determine the firm's financial worth. Punjab Chemicals Crop is considered to be number one stock in return on asset category among its peers. It also is rated top company in total debt category among its peers making up about 18,896,923,077 of Total Debt per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Punjab Chemicals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Punjab Chemicals' Stock. 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.Punjab Total Debt vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Punjab Chemicals |
| = | 0.065 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Punjab Chemicals |
| = | 1.23 B |
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.
Punjab Total Debt vs Competition
Punjab Chemicals Crop is rated top company in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 3.05 Billion. Punjab Chemicals totals roughly 1.23 Billion in total debt claiming about 40% of all equities under Materials industry.
Punjab Chemicals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Punjab Chemicals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Punjab Chemicals will eventually generate negative long term returns. The profitability progress is the general direction of Punjab Chemicals' change in net profit over the period of time. It can combine multiple indicators of Punjab Chemicals, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 28.1 M | 29.5 M | |
| Operating Income | 2.5 B | 2.6 B | |
| Income Before Tax | 730.8 M | 767.3 M | |
| Total Other Income Expense Net | -1.8 B | -1.7 B | |
| Net Income | 535.8 M | 562.6 M | |
| Income Tax Expense | 195 M | 103.6 M | |
| Net Income From Continuing Ops | 535.8 M | 304.7 M | |
| Net Income Applicable To Common Shares | 702.6 M | 737.8 M | |
| Interest Income | 12.9 M | 12.3 M | |
| Net Interest Income | -208.4 M | -218.8 M | |
| Change To Netincome | 197.7 M | 179.3 M |
Punjab Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Punjab Chemicals. 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 Punjab Chemicals 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 Punjab Chemicals' important profitability drivers and their relationship over time.
Use Punjab Chemicals 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 Punjab Chemicals 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 Punjab Chemicals will appreciate offsetting losses from the drop in the long position's value.Punjab Chemicals Pair Trading
Punjab Chemicals Crop Pair Trading Analysis
The ability to find closely correlated positions to Punjab Chemicals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Punjab Chemicals 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 Punjab Chemicals - 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 Punjab Chemicals Crop to buy it.
The correlation of Punjab Chemicals 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 Punjab Chemicals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Punjab Chemicals Crop 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 Punjab Chemicals 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 Punjab Chemicals position
In addition to having Punjab Chemicals 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 Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 48 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 Hybrid Mix Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Punjab Stock
To fully project Punjab Chemicals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Punjab Chemicals Crop 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 Punjab Chemicals' income statement, its balance sheet, and the statement of cash flows.