Asset Entities Class Stock EBITDA
| ASST Stock | 0.37 0.01 2.78% |
Asset Entities Class fundamentals help investors to digest information that contributes to Asset Entities' financial success or failures. It also enables traders to predict the movement of Asset Stock. The fundamental analysis module provides a way to measure Asset Entities' 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 Asset Entities stock.
| Last Reported | Projected for Next Year | ||
| EBITDA | -4.9 M | -4.7 M |
Asset | EBITDA |
Asset Entities Class Company EBITDA Analysis
Asset Entities' 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.
Current Asset Entities EBITDA | (4.93 M) |
Most of Asset Entities' fundamental indicators, such as EBITDA, 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, Asset Entities Class is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Asset EBITDA Driver Correlations
Understanding the fundamental principles of building solid financial models for Asset Entities is extremely important. It helps to project a fair market value of Asset Stock properly, considering its historical fundamentals such as EBITDA. Since Asset Entities' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Asset Entities' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Asset Entities' interrelated accounts and indicators.
Click cells to compare fundamentals
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.
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Asset Ebitda
Ebitda |
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According to the company disclosure, Asset Entities Class reported earnings before interest,tax, depreciation and amortization of (4.93 Million). This is 100.53% lower than that of the Entertainment sector and 101.99% lower than that of the Communication Services industry. The ebitda for all United States stocks is 100.13% higher than that of the company.
Asset EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Asset Entities' direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Asset Entities could also be used in its relative valuation, which is a method of valuing Asset Entities by comparing valuation metrics of similar companies.Asset Entities is currently under evaluation in ebitda category among related companies.
Asset Fundamentals
| Return On Equity | -3.21 | ||||
| Return On Asset | -1.79 | ||||
| Operating Margin | (16.68) % | ||||
| Current Valuation | 2.32 M | ||||
| Shares Outstanding | 7.51 M | ||||
| Shares Owned By Insiders | 44.10 % | ||||
| Shares Owned By Institutions | 2.45 % | ||||
| Number Of Shares Shorted | 68.89 K | ||||
| Price To Book | 1.97 X | ||||
| Price To Sales | 20.94 X | ||||
| Revenue | 277.04 K | ||||
| Gross Profit | 669.37 K | ||||
| EBITDA | (4.93 M) | ||||
| Net Income | (4.93 M) | ||||
| Total Debt | 214.59 K | ||||
| Book Value Per Share | 0.21 X | ||||
| Cash Flow From Operations | (3.81 M) | ||||
| Short Ratio | 0.04 X | ||||
| Earnings Per Share | (0.36) X | ||||
| Number Of Employees | 11 | ||||
| Market Capitalization | 5.57 M | ||||
| Total Asset | 3.08 M | ||||
| Retained Earnings | (5.56 M) | ||||
| Working Capital | 2.81 M | ||||
| Net Asset | 3.08 M |
About Asset Entities Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Asset Entities Class's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asset Entities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asset Entities Class based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Asset Entities in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Asset Entities' short interest history, or implied volatility extrapolated from Asset Entities options trading.
Pair Trading with Asset Entities
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 Asset Entities 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 Asset Entities will appreciate offsetting losses from the drop in the long position's value.Moving against Asset Stock
| 0.61 | DOYU | DouYu International Financial Report 16th of May 2024 | PairCorr |
| 0.54 | TME | Tencent Music Entert Financial Report 21st of May 2024 | PairCorr |
| 0.52 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
| 0.49 | YY | YY Inc Class Financial Report 4th of June 2024 | PairCorr |
| 0.45 | EVER | EverQuote Class A Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Asset Entities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asset Entities 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 Asset Entities - 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 Asset Entities Class to buy it.
The correlation of Asset Entities 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 Asset Entities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asset Entities Class 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 Asset Entities 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 Asset Entities Piotroski F Score and Asset Entities Altman Z Score analysis. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Asset Stock analysis
When running Asset Entities' price analysis, check to measure Asset Entities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asset Entities is operating at the current time. Most of Asset Entities' value examination focuses on studying past and present price action to predict the probability of Asset Entities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asset Entities' price. Additionally, you may evaluate how the addition of Asset Entities to your portfolios can decrease your overall portfolio volatility.
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Is Asset Entities' industry 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 Asset Entities. If investors know Asset 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 Asset Entities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.36) | Revenue Per Share 0.02 | Quarterly Revenue Growth 0.284 | Return On Assets (1.79) | Return On Equity (3.21) |
The market value of Asset Entities Class is measured differently than its book value, which is the value of Asset that is recorded on the company's balance sheet. Investors also form their own opinion of Asset Entities' value that differs from its market value or its book value, called intrinsic value, which is Asset Entities' 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 Asset Entities' market value can be influenced by many factors that don't directly affect Asset Entities' 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 Asset Entities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Asset Entities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asset Entities' 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.