United Airlines EBITDA vs. Return On Asset
| U1AL34 Stock | BRL 292.00 0.71 0.24% |
For United Airlines profitability analysis, we use financial ratios and fundamental drivers that measure the ability of United Airlines to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well United Airlines Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between United Airlines's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of United Airlines Holdings over time as well as its relative position and ranking within its peers.
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United Airlines Holdings Return On Asset vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining United Airlines's current stock value. Our valuation model uses many indicators to compare United Airlines value to that of its competitors to determine the firm's financial worth. United Airlines Holdings is rated fifth in ebitda category among its peers. It is rated third in return on asset category among its peers . The ratio of EBITDA to Return On Asset for United Airlines Holdings is about 66,008,771,930 . Comparative valuation analysis is a catch-all model that can be used if you cannot value United Airlines by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for United Airlines' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.United Return On Asset vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
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| = | 1.5 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
United Airlines |
| = | 0.0228 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
United Return On Asset Comparison
United Airlines is rated second in return on asset category among its peers.
United Airlines Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in United Airlines, profitability is also one of the essential criteria for including it into their portfolios because, without profit, United Airlines will eventually generate negative long term returns. The profitability progress is the general direction of United Airlines' change in net profit over the period of time. It can combine multiple indicators of United Airlines, 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.
United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. United Airlines Holdings, Inc. is headquartered in Chicago, Illinois. UNITED AIRLIDRN operates under Airlines classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 84100 people.
United Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on United Airlines. 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 United Airlines 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 United Airlines' important profitability drivers and their relationship over time.
Use United Airlines 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 United Airlines 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 United Airlines will appreciate offsetting losses from the drop in the long position's value.United Airlines Pair Trading
United Airlines Holdings Pair Trading Analysis
The ability to find closely correlated positions to United Airlines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Airlines 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 United Airlines - 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 United Airlines Holdings to buy it.
The correlation of United Airlines 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 United Airlines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Airlines 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 United Airlines 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 United Airlines position
In addition to having United Airlines 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 Automobiles and Trucks Thematic Idea Now
Automobiles and Trucks
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Automobiles and Trucks 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 Automobiles and Trucks Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in United Stock
When determining whether United Airlines Holdings is a strong investment it is important to analyze United Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United Airlines' future performance. For an informed investment choice regarding United Stock, refer to the following important reports:Check out World Market Map. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
To fully project United Airlines' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of United Airlines Holdings 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 United Airlines' income statement, its balance sheet, and the statement of cash flows.