World Poker Total Debt vs. Current Liabilities
| WPFH Stock | USD 3.46 0.23 6.23% |
For World Poker profitability analysis, we use financial ratios and fundamental drivers that measure the ability of World Poker to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well World Poker Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between World Poker's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of World Poker Fund over time as well as its relative position and ranking within its peers.
World |
World Poker Fund Current Liabilities vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining World Poker's current stock value. Our valuation model uses many indicators to compare World Poker value to that of its competitors to determine the firm's financial worth. World Poker Fund is rated fifth in total debt category among its peers. It is rated first in current liabilities category among its peers creating about 2.39 of Current Liabilities per Total Debt. Comparative valuation analysis is a catch-all model that can be used if you cannot value World Poker by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for World Poker'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.World Total Debt vs. Competition
World Poker Fund is rated fifth in total debt category among its peers. Total debt of Gambling industry is at this time estimated at about 2.33 Billion. World Poker adds roughly 408,180 in total debt claiming only tiny portion of equities under Gambling industry.
World Current Liabilities 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.
World Poker |
| = | 408.18 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.
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
World Poker |
| = | 975 K |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
World Poker Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in World Poker, profitability is also one of the essential criteria for including it into their portfolios because, without profit, World Poker will eventually generate negative long term returns. The profitability progress is the general direction of World Poker's change in net profit over the period of time. It can combine multiple indicators of World Poker, 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.
World Poker Fund Holdings, Inc., engages in development and operation of on-line technology, gaming platforms, and brands. World Poker Fund Holdings, Inc. was incorporated in 2002 and is based in Los Angeles, California. World Poker operates under Gambling classification in the United States and is traded on OTC Exchange.
World Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on World Poker. 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 World Poker 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 World Poker's important profitability drivers and their relationship over time.
Use World Poker 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 World Poker 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 World Poker will appreciate offsetting losses from the drop in the long position's value.World Poker Pair Trading
World Poker Fund Pair Trading Analysis
The ability to find closely correlated positions to World Poker could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace World Poker 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 World Poker - 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 World Poker Fund to buy it.
The correlation of World Poker 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 World Poker moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if World Poker Fund 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 World Poker 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 World Poker position
In addition to having World Poker 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 Gambling Thematic Idea Now
Gambling
Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 38 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 Gambling Theme or any other thematic opportunities.
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Other Information on Investing in World Pink Sheet
To fully project World Poker's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of World Poker Fund 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 World Poker's income statement, its balance sheet, and the statement of cash flows.