Tourmaline Bio Total Debt vs. Current Valuation
| TRML Stock | 24.38 0.62 2.48% |
For Tourmaline Bio profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tourmaline Bio to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tourmaline Bio utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tourmaline Bio's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tourmaline Bio over time as well as its relative position and ranking within its peers.
Tourmaline |
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tourmaline Bio. If investors know Tourmaline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tourmaline Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.49) | Return On Assets (0.24) | Return On Equity (0.32) |
The market value of Tourmaline Bio is measured differently than its book value, which is the value of Tourmaline that is recorded on the company's balance sheet. Investors also form their own opinion of Tourmaline Bio's value that differs from its market value or its book value, called intrinsic value, which is Tourmaline Bio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tourmaline Bio's market value can be influenced by many factors that don't directly affect Tourmaline Bio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tourmaline Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tourmaline Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tourmaline Bio'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.
Tourmaline Bio Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tourmaline Bio's current stock value. Our valuation model uses many indicators to compare Tourmaline Bio value to that of its competitors to determine the firm's financial worth. Tourmaline Bio is currently regarded number one company in total debt category among its peers. It also is currently regarded number one company in current valuation category among its peers reporting about 888.34 of Current Valuation per Total Debt. Comparative valuation analysis is a catch-all technique that is used if you cannot value Tourmaline Bio by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Tourmaline Total Debt vs. Competition
Tourmaline Bio is currently regarded number one company in total debt category among its peers. Total debt of Health Care industry is at this time estimated at about 19.12 Billion. Tourmaline Bio adds roughly 415,000 in total debt claiming only tiny portion of equities under Health Care industry.
Tourmaline Current Valuation 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.
Tourmaline Bio |
| = | 415 K |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Tourmaline Bio |
| = | 368.66 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Tourmaline Current Valuation vs Competition
Tourmaline Bio is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is at this time estimated at about 32.09 Billion. Tourmaline Bio claims roughly 368.66 Million in current valuation contributing just under 2% to equities under Health Care industry.
Tourmaline Bio Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tourmaline Bio, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tourmaline Bio will eventually generate negative long term returns. The profitability progress is the general direction of Tourmaline Bio's change in net profit over the period of time. It can combine multiple indicators of Tourmaline Bio, 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 | 77 K | 80.9 K | |
| Operating Income | -45.4 M | -43.1 M | |
| Income Before Tax | -42.1 M | -40 M | |
| Total Other Income Expense Net | 3 M | 3.1 M | |
| Net Loss | -42.1 M | -44.2 M | |
| Income Tax Expense | -42.5 M | -44.6 M | |
| Net Loss | -42.1 M | -44.2 M | |
| Net Loss | (8.87) | (9.32) | |
| Income Quality | 0.67 | 0.80 |
Tourmaline Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tourmaline Bio. 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 Tourmaline Bio 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 Tourmaline Bio's important profitability drivers and their relationship over time.
Use Tourmaline Bio 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 Tourmaline Bio 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 Tourmaline Bio will appreciate offsetting losses from the drop in the long position's value.Tourmaline Bio Pair Trading
Tourmaline Bio Pair Trading Analysis
The ability to find closely correlated positions to Tourmaline Bio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tourmaline Bio 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 Tourmaline Bio - 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 Tourmaline Bio to buy it.
The correlation of Tourmaline Bio 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 Tourmaline Bio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tourmaline Bio 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 Tourmaline Bio 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 Tourmaline Bio position
In addition to having Tourmaline Bio 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 Medical Equipment Thematic Idea Now
Medical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Medical Equipment 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 Medical Equipment Theme or any other thematic opportunities.
| View All Next | Launch |
Check out World Market Map. For more information on how to buy Tourmaline Stock please use our How to buy in Tourmaline Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
To fully project Tourmaline Bio's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tourmaline Bio at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Tourmaline Bio's income statement, its balance sheet, and the statement of cash flows.