SINGAPORE AIRLINES EBITDA vs. Total Asset
| SIA1 Stock | 4.40 0.03 0.68% |
For SINGAPORE AIRLINES profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SINGAPORE AIRLINES to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SINGAPORE AIRLINES utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SINGAPORE AIRLINES's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SINGAPORE AIRLINES over time as well as its relative position and ranking within its peers.
SINGAPORE |
SINGAPORE AIRLINES Total Asset vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SINGAPORE AIRLINES's current stock value. Our valuation model uses many indicators to compare SINGAPORE AIRLINES value to that of its competitors to determine the firm's financial worth. SINGAPORE AIRLINES is currently regarded as top stock in ebitda category among its peers. It also is currently regarded as top stock in total asset category among its peers fabricating about 37.73 of Total Asset per EBITDA. 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 SINGAPORE AIRLINES's earnings, one of the primary drivers of an investment's value.SINGAPORE Total Asset vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
SINGAPORE AIRLINES |
| = | 1.29 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
SINGAPORE AIRLINES |
| = | 48.67 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
SINGAPORE Total Asset Comparison
SINGAPORE AIRLINES is currently under evaluation in total asset category among its peers.
SINGAPORE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SINGAPORE AIRLINES. 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 SINGAPORE AIRLINES 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 SINGAPORE AIRLINES's important profitability drivers and their relationship over time.
Use SINGAPORE AIRLINES 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 SINGAPORE AIRLINES 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 SINGAPORE AIRLINES will appreciate offsetting losses from the drop in the long position's value.SINGAPORE AIRLINES Pair Trading
SINGAPORE AIRLINES Pair Trading Analysis
The ability to find closely correlated positions to SINGAPORE AIRLINES could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SINGAPORE AIRLINES 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 SINGAPORE AIRLINES - 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 SINGAPORE AIRLINES to buy it.
The correlation of SINGAPORE AIRLINES 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 SINGAPORE AIRLINES moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SINGAPORE AIRLINES 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 SINGAPORE AIRLINES 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 SINGAPORE AIRLINES position
In addition to having SINGAPORE AIRLINES 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 Farming Thematic Idea Now
Farming
Companies producing farming products and providing services for farmers. The Farming theme has 44 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 Farming Theme or any other thematic opportunities.
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Additional Tools for SINGAPORE Stock Analysis
When running SINGAPORE AIRLINES's price analysis, check to measure SINGAPORE AIRLINES'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 SINGAPORE AIRLINES is operating at the current time. Most of SINGAPORE AIRLINES's value examination focuses on studying past and present price action to predict the probability of SINGAPORE AIRLINES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SINGAPORE AIRLINES's price. Additionally, you may evaluate how the addition of SINGAPORE AIRLINES to your portfolios can decrease your overall portfolio volatility.