Stelco Holdings Operating Margin vs. Current Ratio
| STZHFDelisted Stock | USD 49.41 0.00 0.00% |
For Stelco Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Stelco Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Stelco Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Stelco Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Stelco Holdings over time as well as its relative position and ranking within its peers.
Stelco |
Stelco Holdings Current Ratio vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Stelco Holdings's current stock value. Our valuation model uses many indicators to compare Stelco Holdings value to that of its competitors to determine the firm's financial worth. Stelco Holdings is currently regarded as top stock in operating margin category among its peers. It is rated below average in current ratio category among its peers fabricating about 6.05 of Current Ratio per Operating Margin. 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 Stelco Holdings' earnings, one of the primary drivers of an investment's value.Stelco Current Ratio vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Stelco Holdings |
| = | 0.41 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Stelco Holdings |
| = | 2.49 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Stelco Current Ratio Comparison
Stelco Holdings is currently under evaluation in current ratio category among its peers.
Stelco Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Stelco Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Stelco Holdings will eventually generate negative long term returns. The profitability progress is the general direction of Stelco Holdings' change in net profit over the period of time. It can combine multiple indicators of Stelco 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.
Stelco Holdings Inc. engages in the production and sale of steel products in Canada, the United States, and internationally. Stelco Holdings Inc. was founded in 1910 and is headquartered in Hamilton, Canada. Stelco Holdings operates under Steel classification in the United States and is traded on OTC Exchange. It employs 2285 people.
Stelco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Stelco 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 Stelco 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 Stelco Holdings' important profitability drivers and their relationship over time.
Use Stelco 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 Stelco 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 Stelco Holdings will appreciate offsetting losses from the drop in the long position's value.Stelco Holdings Pair Trading
Stelco Holdings Pair Trading Analysis
The ability to find closely correlated positions to Stelco 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 Stelco 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 Stelco 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 Stelco Holdings to buy it.
The correlation of Stelco 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 Stelco Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stelco 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 Stelco 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 Stelco Holdings position
In addition to having Stelco 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 rate. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in Stelco Pink Sheet
If you are still planning to invest in Stelco 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 Stelco Holdings' history and understand the potential risks before investing.
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