Premier Power Total Debt vs. Current Asset
| PPRW Stock | USD 0.0001 0.00 0.00% |
For Premier Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Premier Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Premier Power Renewable utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Premier Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Premier Power Renewable over time as well as its relative position and ranking within its peers.
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Premier Power Renewable Current Asset vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Premier Power's current stock value. Our valuation model uses many indicators to compare Premier Power value to that of its competitors to determine the firm's financial worth. Premier Power Renewable is currently under evaluation in total debt category among related companies. It is considered to be number one stock in current asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Premier Power by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Premier Power'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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Premier Power's earnings, one of the primary drivers of an investment's value.Premier Total Debt vs. Competition
Premier Power Renewable is currently under evaluation in total debt category among related companies. Total debt of Industrials industry is at this time estimated at about 106.8 Million. Premier Power adds roughly 0.0 in total debt claiming only tiny portion of equities under Industrials industry.
Premier Current Asset 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.
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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 Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
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| = | 24.2 M |
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Premier Current Asset Comparison
Premier Power is currently under evaluation in current asset category among related companies.
Premier Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Premier Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Premier Power will eventually generate negative long term returns. The profitability progress is the general direction of Premier Power's change in net profit over the period of time. It can combine multiple indicators of Premier Power, 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.
Premier Power Renewable Energy, Inc., through its wholly owned subsidiaries, engages in the design, development, and integration of ground mount and rooftop solar energy systems for commercial, industrial, residential, agricultural, and equity fund customers in North America, Europe, and Asia. Premier Power Renewable Energy, Inc. was founded in 2001 and is headquartered in El Dorado Hills, California. PREMIER POWER operates under Solar classification in the United States and is traded on PNK Exchange. It employs 48 people.
Premier Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Premier Power. 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 Premier Power 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 Premier Power's important profitability drivers and their relationship over time.
Use Premier Power 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 Premier Power 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 Premier Power will appreciate offsetting losses from the drop in the long position's value.Premier Power Pair Trading
Premier Power Renewable Pair Trading Analysis
The ability to find closely correlated positions to Premier Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Premier Power 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 Premier Power - 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 Premier Power Renewable to buy it.
The correlation of Premier Power 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 Premier Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Premier Power Renewable 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 Premier Power 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 Premier Power position
In addition to having Premier Power 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 Baby Boomer Prospects Thematic Idea Now
Baby Boomer Prospects
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 98 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 Baby Boomer Prospects Theme or any other thematic opportunities.
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Check out Your Equity Center. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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When running Premier Power's price analysis, check to measure Premier Power's 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 Premier Power is operating at the current time. Most of Premier Power's value examination focuses on studying past and present price action to predict the probability of Premier Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premier Power's price. Additionally, you may evaluate how the addition of Premier Power to your portfolios can decrease your overall portfolio volatility.
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To fully project Premier Power's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Premier Power Renewable 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 Premier Power's income statement, its balance sheet, and the statement of cash flows.