WORK Medical Profitability Analysis
| WOK Stock | 5.46 0.75 15.92% |
Net Income | First Reported 2010-12-31 | Previous Quarter 100.8 K | Current Value 95.8 K | Quarterly Volatility 1.4 M |
For WORK Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WORK Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WORK Medical Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WORK Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WORK Medical Technology over time as well as its relative position and ranking within its peers.
WORK |
Is Health Care Equipment & Supplies 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 WORK Medical. If investors know WORK 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 WORK Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of WORK Medical Technology is measured differently than its book value, which is the value of WORK that is recorded on the company's balance sheet. Investors also form their own opinion of WORK Medical's value that differs from its market value or its book value, called intrinsic value, which is WORK Medical'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 WORK Medical's market value can be influenced by many factors that don't directly affect WORK Medical'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 WORK Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if WORK Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WORK Medical'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.
WORK Medical Technology Number Of Employees vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining WORK Medical's current stock value. Our valuation model uses many indicators to compare WORK Medical value to that of its competitors to determine the firm's financial worth. WORK Medical Technology is rated third in total debt category among its peers. It is rated third in number of employees category among its peers . The ratio of Total Debt to Number Of Employees for WORK Medical Technology is about 39,117 . Comparative valuation analysis is a catch-all technique that is used if you cannot value WORK Medical 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.WORK Total Debt vs. Competition
WORK Medical Technology is rated third in total debt category among its peers. Total debt of Health Care industry is at this time estimated at about 24.61 Billion. WORK Medical adds roughly 8.84 Million in total debt claiming only tiny portion of equities under Health Care industry.
WORK Number Of Employees 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.
WORK Medical |
| = | 8.84 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.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
WORK Medical |
| = | 226 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
WORK Number Of Employees vs Competition
WORK Medical Technology is rated third in number of employees category among its peers. The total workforce of Health Care industry is at this time estimated at about 36,743. WORK Medical maintains roughly 226 in number of employees contributing less than 1% to equities under Health Care industry.
WORK Medical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in WORK Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, WORK Medical will eventually generate negative long term returns. The profitability progress is the general direction of WORK Medical's change in net profit over the period of time. It can combine multiple indicators of WORK Medical, 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 | ||
| Net Interest Income | -330.6 K | -347.1 K | |
| Operating Income | 437.8 K | 415.9 K | |
| Net Income From Continuing Ops | 57 K | 54.2 K | |
| Income Before Tax | 99.4 K | 94.4 K | |
| Total Other Income Expense Net | -10.1 K | -10.6 K | |
| Net Income | 100.8 K | 95.8 K |
WORK Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WORK Medical. 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 WORK Medical 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 WORK Medical's important profitability drivers and their relationship over time.
| Revenue vs Total Debt | ||
| Number Of Employees vs Market Capitalization | ||
| Revenue vs Total Asset | ||
| Retained Earnings vs Market Capitalization | ||
| Revenue vs Working Capital |
WORK Medical Profitability Trends
WORK Medical profitability trend refers to the progression of profit or loss within a business. An upward trend means that WORK Medical's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is WORK Medical's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.
WORK Medical Profitability Drivers Correlations
One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between WORK Medical different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards WORK Medical in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down WORK Medical's future profitability.
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Use WORK Medical 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 WORK Medical 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 WORK Medical will appreciate offsetting losses from the drop in the long position's value.WORK Medical Pair Trading
WORK Medical Technology Pair Trading Analysis
The ability to find closely correlated positions to WORK Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WORK Medical 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 WORK Medical - 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 WORK Medical Technology to buy it.
The correlation of WORK Medical 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 WORK Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WORK Medical 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 WORK Medical 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 WORK Medical position
In addition to having WORK Medical 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?
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To fully project WORK Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of WORK Medical Technology 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 WORK Medical's income statement, its balance sheet, and the statement of cash flows.