Surgalign Holdings Net Income vs. Revenue
| SRGADelisted Stock | USD 0.04 0 12.54% |
For Surgalign Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Surgalign Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Surgalign Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Surgalign Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Surgalign Holdings over time as well as its relative position and ranking within its peers.
Surgalign |
Surgalign Holdings Revenue vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Surgalign Holdings's current stock value. Our valuation model uses many indicators to compare Surgalign Holdings value to that of its competitors to determine the firm's financial worth. Surgalign Holdings is rated below average in net income category among its peers. It is rated below average in revenue category among its peers . 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 Surgalign Holdings' earnings, one of the primary drivers of an investment's value.Surgalign Revenue vs. Net Income
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.
Surgalign Holdings |
| = | (54.6 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.
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.
Surgalign Holdings |
| = | 81.98 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.
Surgalign Revenue vs Competition
Surgalign Holdings is rated below average in revenue category among its peers. Market size based on revenue of Health Care industry is at this time estimated at about 4.51 Billion. Surgalign Holdings claims roughly 81.98 Million in revenue contributing just under 2% to equities under Health Care industry.
Surgalign Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Surgalign Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Surgalign Holdings will eventually generate negative long term returns. The profitability progress is the general direction of Surgalign Holdings' change in net profit over the period of time. It can combine multiple indicators of Surgalign Holdings, 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.
Surgalign Holdings, Inc., a medical technology company, develops, manufactures, distributes, and markets spine implants worldwide. The company was incorporated in 1997 and is headquartered in Deerfield, Illinois. Surgalign Hldg operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 231 people.
Surgalign Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Surgalign Holdings. 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 Surgalign Holdings 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 Surgalign Holdings' important profitability drivers and their relationship over time.
Use Surgalign Holdings 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 Surgalign Holdings 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 Surgalign Holdings will appreciate offsetting losses from the drop in the long position's value.Surgalign Holdings Pair Trading
Surgalign Holdings Pair Trading Analysis
The ability to find closely correlated positions to Surgalign Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Surgalign Holdings 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 Surgalign Holdings - 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 Surgalign Holdings to buy it.
The correlation of Surgalign Holdings 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 Surgalign Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Surgalign Holdings 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 Surgalign Holdings 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 Surgalign Holdings position
In addition to having Surgalign Holdings 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?
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Surgalign Stock
If you are still planning to invest in Surgalign Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Surgalign Holdings' history and understand the potential risks before investing.
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