Till Capital Cash And Equivalents vs. Return On Equity
| TIL Stock | CAD 1.06 0.06 5.36% |
For Till Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Till Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Till Capital utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Till Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Till Capital over time as well as its relative position and ranking within its peers.
Till |
Till Capital Return On Equity vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Till Capital's current stock value. Our valuation model uses many indicators to compare Till Capital value to that of its competitors to determine the firm's financial worth. Till Capital is rated second in cash and equivalents category among its peers. It is rated third in return on equity category among its peers . At this time, Till Capital's Return On Equity is fairly 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 Till Capital's earnings, one of the primary drivers of an investment's value.Till Return On Equity vs. Cash And Equivalents
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.
Till Capital |
| = | 2.87 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).
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Till Capital |
| = | -0.36 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Till Return On Equity Comparison
Till Capital is currently under evaluation in return on equity category among its peers.
Till Capital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Till Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Till Capital will eventually generate negative long term returns. The profitability progress is the general direction of Till Capital's change in net profit over the period of time. It can combine multiple indicators of Till Capital, 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 | -1.4 M | -1.5 M | |
| Operating Income | -2.6 M | -2.8 M | |
| Income Before Tax | -4.3 M | -4.5 M | |
| Total Other Income Expense Net | 250 K | 262.5 K | |
| Net Loss | -4.1 M | -4.3 M | |
| Income Tax Expense | -199.5 K | -209.5 K | |
| Net Loss | -4.1 M | -4.3 M | |
| Net Income Applicable To Common Shares | 5.5 M | 5.8 M | |
| Net Interest Income | -47.2 K | -44.9 K | |
| Interest Income | 93 K | 68.7 K | |
| Change To Netincome | -5.3 M | -5 M | |
| Net Loss | (0.70) | (0.73) | |
| Income Quality | 0.32 | 0.34 | |
| Net Income Per E B T | 0.52 | 0.49 |
Till Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Till Capital. 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 Till Capital 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 Till Capital's important profitability drivers and their relationship over time.
Use Till Capital 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 Till Capital 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 Till Capital will appreciate offsetting losses from the drop in the long position's value.Till Capital Pair Trading
Till Capital Pair Trading Analysis
The ability to find closely correlated positions to Till Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Till Capital 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 Till Capital - 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 Till Capital to buy it.
The correlation of Till Capital 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 Till Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Till Capital 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 Till Capital 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 Till Capital position
In addition to having Till Capital 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 Theme ETFs Thematic Idea Now
Theme ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Theme ETFs theme has 484 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 Theme ETFs Theme or any other thematic opportunities.
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Additional Tools for Till Stock Analysis
When running Till Capital's price analysis, check to measure Till Capital'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 Till Capital is operating at the current time. Most of Till Capital's value examination focuses on studying past and present price action to predict the probability of Till Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Till Capital's price. Additionally, you may evaluate how the addition of Till Capital to your portfolios can decrease your overall portfolio volatility.