Solid State Total Debt vs. Revenue
| SOLI Stock | 130.00 10.00 8.33% |
For Solid State profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Solid State to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Solid State Plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Solid State's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Solid State Plc over time as well as its relative position and ranking within its peers.
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Solid State Plc Revenue vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Solid State's current stock value. Our valuation model uses many indicators to compare Solid State value to that of its competitors to determine the firm's financial worth. Solid State Plc is currently regarded number one company in total debt category among its peers. It also is currently regarded number one company in revenue category among its peers totaling about 9.79 of Revenue per Total Debt. At this time, Solid State's Total Revenue is comparatively stable compared to the past year. 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 Solid State's earnings, one of the primary drivers of an investment's value.Solid Total Debt vs. Competition
Solid State Plc is currently regarded number one company in total debt category among its peers. Total debt of Information Technology industry is at this time estimated at about 10.38 Billion. Solid State adds roughly 16.69 Million in total debt claiming only tiny portion of equities under Information Technology industry.
Solid Revenue vs. Total Debt
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.
Solid State |
| = | 16.69 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Solid State |
| = | 163.3 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Solid Revenue vs Competition
Solid State Plc is currently regarded number one company in revenue category among its peers. Market size based on revenue of Information Technology industry is at this time estimated at about 9.45 Billion. Solid State claims roughly 163.3 Million in revenue contributing just under 2% to equities under Information Technology industry.
Solid State Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Solid State, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Solid State will eventually generate negative long term returns. The profitability progress is the general direction of Solid State's change in net profit over the period of time. It can combine multiple indicators of Solid State, 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 | -1.6 M | -1.5 M | |
| Operating Income | 13.7 M | 14.4 M | |
| Income Before Tax | 12.2 M | 12.8 M | |
| Total Other Income Expense Net | -1.5 M | -1.4 M | |
| Net Income | 8.9 M | 9.3 M | |
| Income Tax Expense | 3.3 M | 3.4 M | |
| Net Income Applicable To Common Shares | 7.7 M | 8.1 M | |
| Net Income From Continuing Ops | 8.9 M | 9.4 M | |
| Net Interest Income | -1.5 M | -1.4 M | |
| Interest Income | 97.8 K | 84.5 K | |
| Change To Netincome | 2.9 M | 3 M |
Solid Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Solid State. 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 Solid State 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 Solid State's important profitability drivers and their relationship over time.
Use Solid State 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 Solid State 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 Solid State will appreciate offsetting losses from the drop in the long position's value.Solid State Pair Trading
Solid State Plc Pair Trading Analysis
The ability to find closely correlated positions to Solid State could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solid State 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 Solid State - 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 Solid State Plc to buy it.
The correlation of Solid State 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 Solid State moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solid State Plc 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 Solid State 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 Solid State position
In addition to having Solid State 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 Non-Metallic and Industrial Metal Mining Thematic Idea Now
Non-Metallic and Industrial Metal Mining
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining theme has 61 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 Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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Additional Tools for Solid Stock Analysis
When running Solid State's price analysis, check to measure Solid State'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 Solid State is operating at the current time. Most of Solid State's value examination focuses on studying past and present price action to predict the probability of Solid State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solid State's price. Additionally, you may evaluate how the addition of Solid State to your portfolios can decrease your overall portfolio volatility.