Altaba Inc Stock Total Debt
Altaba Inc fundamentals help investors to digest information that contributes to Altaba's financial success or failures. It also enables traders to predict the movement of Altaba Stock. The fundamental analysis module provides a way to measure Altaba's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altaba stock.
Altaba |
Altaba Inc Company Total Debt Analysis
Altaba's 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.
Current Altaba Total Debt | 891.08 M |
Most of Altaba's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altaba Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Altaba Inc has a Total Debt of 891.08 M. This is 97.79% lower than that of the Financial Services sector and 84.02% lower than that of the Asset Management industry. The total debt for all United States stocks is 83.24% higher than that of the company.
Altaba Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altaba's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Altaba could also be used in its relative valuation, which is a method of valuing Altaba by comparing valuation metrics of similar companies.Altaba is currently under evaluation in total debt category among related companies.
Altaba Fundamentals
| Return On Equity | -0.0084 | |||
| Return On Asset | -1.0E-4 | |||
| Profit Margin | (4.89) % | |||
| Operating Margin | 64.58 % | |||
| Current Valuation | 10.18 B | |||
| Shares Outstanding | 519.51 M | |||
| Shares Owned By Insiders | 5.22 % | |||
| Shares Owned By Institutions | 73.03 % | |||
| Number Of Shares Shorted | 16.26 M | |||
| Price To Earning | 2.48 X | |||
| Price To Book | 0.26 X | |||
| Price To Sales | 45.95 X | |||
| Revenue | 221.91 M | |||
| Gross Profit | 332.8 M | |||
| EBITDA | (904.81 M) | |||
| Net Income | (4.21 B) | |||
| Cash And Equivalents | 17.25 M | |||
| Cash Per Share | 1.64 X | |||
| Total Debt | 891.08 M | |||
| Debt To Equity | 8.50 % | |||
| Current Ratio | 0.32 X | |||
| Book Value Per Share | 31.61 X | |||
| Cash Flow From Operations | 12.23 B | |||
| Short Ratio | 4.68 X | |||
| Earnings Per Share | (8.10) X | |||
| Price To Earnings To Growth | (30.68) X | |||
| Number Of Employees | 8.8 K | |||
| Beta | 1.8 | |||
| Market Capitalization | 10.2 B | |||
| Total Asset | 49.1 B | |||
| Retained Earnings | 3.4 B | |||
| Working Capital | 6.88 B | |||
| Current Asset | 8.23 B | |||
| Current Liabilities | 1.35 B | |||
| Z Score | 6.6 | |||
| Last Dividend Paid | 51.5 |
Pair Trading with Altaba
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 Altaba 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 Altaba will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bank of America could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of America 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 Bank of America - 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 Bank of America to buy it.
The correlation of Bank of America 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 Bank of America moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of America 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 Bank of America 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Altaba Inc information on this page should be used as a complementary analysis to other Altaba's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in Altaba Stock
If you are still planning to invest in Altaba Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altaba's history and understand the potential risks before investing.
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