Tangiamo Touch Gross Profit vs. Cash And Equivalents

TANGI Stock  SEK 1.72  0.13  7.03%   
Considering the key profitability indicators obtained from Tangiamo Touch's historical financial statements, Tangiamo Touch Technology may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Tangiamo Touch's ability to earn profits and add value for shareholders.
For Tangiamo Touch profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tangiamo Touch to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tangiamo Touch Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tangiamo Touch's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tangiamo Touch Technology over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Tangiamo Touch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tangiamo Touch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tangiamo Touch's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Tangiamo Touch Technology Cash And Equivalents vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Tangiamo Touch's current stock value. Our valuation model uses many indicators to compare Tangiamo Touch value to that of its competitors to determine the firm's financial worth.
Tangiamo Touch Technology is currently regarded as top stock in gross profit category among its peers. It also is currently regarded as top stock in cash and equivalents category among its peers creating about  1.22  of Cash And Equivalents per Gross Profit. 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 Tangiamo Touch's earnings, one of the primary drivers of an investment's value.

Tangiamo Cash And Equivalents vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Tangiamo Touch

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
3.94 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Tangiamo Touch

Cash

 = 

Bank Deposits

+

Liquidities

 = 
4.8 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Tangiamo Cash And Equivalents Comparison

Tangiamo Touch is currently under evaluation in cash and equivalents category among its peers.

Tangiamo Touch Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Tangiamo Touch, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tangiamo Touch will eventually generate negative long term returns. The profitability progress is the general direction of Tangiamo Touch's change in net profit over the period of time. It can combine multiple indicators of Tangiamo Touch, 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.
Tangiamo Touch Technology AB designs, develops, manufactures, and sells multi-player gaming systems for casinos and electronic arcades worldwide. Tangiamo Touch Technology AB was founded in 2004 and is based in Gothenburg, Sweden. Tangiamo Touch is traded on Stockholm Stock Exchange in Sweden.

Tangiamo Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Tangiamo Touch. 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 Tangiamo Touch 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 Tangiamo Touch's important profitability drivers and their relationship over time.

Use Tangiamo Touch 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 Tangiamo Touch 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 Tangiamo Touch will appreciate offsetting losses from the drop in the long position's value.

Tangiamo Touch Pair Trading

Tangiamo Touch Technology Pair Trading Analysis

The ability to find closely correlated positions to Tangiamo Touch could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tangiamo Touch 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 Tangiamo Touch - 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 Tangiamo Touch Technology to buy it.
The correlation of Tangiamo Touch 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 Tangiamo Touch moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tangiamo Touch Technology 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 Tangiamo Touch 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Tangiamo Touch position

In addition to having Tangiamo Touch 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.

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Additional Tools for Tangiamo Stock Analysis

When running Tangiamo Touch's price analysis, check to measure Tangiamo Touch'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 Tangiamo Touch is operating at the current time. Most of Tangiamo Touch's value examination focuses on studying past and present price action to predict the probability of Tangiamo Touch's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tangiamo Touch's price. Additionally, you may evaluate how the addition of Tangiamo Touch to your portfolios can decrease your overall portfolio volatility.