Wearable Health Total Debt vs. Revenue
| WHSI Stock | USD 0.0001 0.00 0.00% |
For Wearable Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wearable Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wearable Health Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wearable Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wearable Health Solutions over time as well as its relative position and ranking within its peers.
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Wearable Health Solutions Revenue vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wearable Health's current stock value. Our valuation model uses many indicators to compare Wearable Health value to that of its competitors to determine the firm's financial worth. Wearable Health Solutions is rated first in total debt category among its peers. It is rated first in revenue category among its peers totaling about 0.62 of Revenue per Total Debt. The ratio of Total Debt to Revenue for Wearable Health Solutions is roughly 1.63 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Wearable Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wearable Health's Pink Sheet. 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.Wearable Total Debt vs. Competition
Wearable Health Solutions is rated first in total debt category among its peers. Total debt of Medical Instruments & Supplies industry is at this time estimated at about 115.84 Million. Wearable Health claims roughly 1.7 Million in total debt contributing just under 2% to all equities under Medical Instruments & Supplies industry.
Wearable Revenue 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.
Wearable Health |
| = | 1.7 M |
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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Wearable Health |
| = | 1.05 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Wearable Revenue vs Competition
Wearable Health Solutions is rated first in revenue category among its peers. Market size based on revenue of Medical Instruments & Supplies industry is at this time estimated at about 338.62 Million. Wearable Health adds roughly 1.05 Million in revenue claiming only tiny portion of all equities under Medical Instruments & Supplies industry.
Wearable Health Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wearable Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wearable Health will eventually generate negative long term returns. The profitability progress is the general direction of Wearable Health's change in net profit over the period of time. It can combine multiple indicators of Wearable Health, 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.
Wearable Health Solutions, Inc. provides mobile health products and services in the United States, Canada, New Zealand, and Bermuda. Wearable Health Solutions, Inc. was incorporated in 2008 and is headquartered in Newport Beach, California. Wearable Health operates under Medical Instruments Supplies classification in the United States and is traded on OTC Exchange. It employs 11 people.
Wearable Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wearable Health. 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 Wearable Health 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 Wearable Health's important profitability drivers and their relationship over time.
Use Wearable Health 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 Wearable Health 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 Wearable Health will appreciate offsetting losses from the drop in the long position's value.Wearable Health Pair Trading
Wearable Health Solutions Pair Trading Analysis
The ability to find closely correlated positions to Wearable Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wearable Health 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 Wearable Health - 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 Wearable Health Solutions to buy it.
The correlation of Wearable Health 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 Wearable Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wearable Health Solutions 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 Wearable Health 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 Wearable Health position
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Other Information on Investing in Wearable Pink Sheet
To fully project Wearable Health's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wearable Health Solutions 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 Wearable Health's income statement, its balance sheet, and the statement of cash flows.