Shyft Cash And Equivalents vs. Number Of Employees
| SHYF Stock | USD 12.68 0.26 2.09% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.18 | 0.1724 |
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For Shyft profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shyft to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shyft Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shyft's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shyft Group over time as well as its relative position and ranking within its peers.
Shyft |
Shyft's Revenue Breakdown by Earning Segment
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Is Industrial Machinery & Supplies & Components 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 Shyft. If investors know Shyft 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 Shyft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.73) | Dividend Share 0.2 | Revenue Per Share 23.936 | Quarterly Revenue Growth (0.19) | Return On Assets 0.0013 |
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft'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 Shyft's market value can be influenced by many factors that don't directly affect Shyft'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 Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft'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.
Shyft Group Number Of Employees vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shyft's current stock value. Our valuation model uses many indicators to compare Shyft value to that of its competitors to determine the firm's financial worth. Shyft Group is rated below average in cash and equivalents category among its peers. It is rated fourth in number of employees category among its peers . The ratio of Cash And Equivalents to Number Of Employees for Shyft Group is about 1,071 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Shyft 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.Shyft Number Of Employees vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Shyft |
| = | 2.86 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.
Shyft |
| = | 2.67 K |
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.
Shyft Number Of Employees vs Competition
Shyft Group is rated fourth in number of employees category among its peers. The total workforce of Industrials industry is at this time estimated at about 206,996. Shyft claims roughly 2,670 in number of employees contributing just under 2% to equities under Industrials industry.
Shyft Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shyft, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shyft will eventually generate negative long term returns. The profitability progress is the general direction of Shyft's change in net profit over the period of time. It can combine multiple indicators of Shyft, 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 | ||
| Operating Income | 6.8 M | 6.4 M | |
| Income Before Tax | 696 K | 661.2 K | |
| Total Other Income Expense Net | 470 K | 493.5 K | |
| Net Income | 6.5 M | 9.3 M | |
| Income Tax Expense | -5.8 M | -5.5 M | |
| Interest Income | 968.3 K | 1 M | |
| Net Income Applicable To Common Shares | 42 M | 44.1 M | |
| Net Interest Income | -6.5 M | -6.2 M | |
| Net Income From Continuing Ops | 6.5 M | 6.1 M | |
| Non Operating Income Net Other | -675 K | -641.2 K | |
| Change To Netincome | 3.4 M | 3.2 M | |
| Net Income Per Share | 0.19 | 0.22 | |
| Income Quality | 8.70 | 9.14 | |
| Net Income Per E B T | 9.33 | 9.80 |
Shyft Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shyft. 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 Shyft 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 Shyft's important profitability drivers and their relationship over time.
Use Shyft 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 Shyft 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 Shyft will appreciate offsetting losses from the drop in the long position's value.Shyft Pair Trading
Shyft Group Pair Trading Analysis
The ability to find closely correlated positions to Shyft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shyft 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 Shyft - 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 Shyft Group to buy it.
The correlation of Shyft 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 Shyft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shyft Group 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 Shyft 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 Shyft position
In addition to having Shyft 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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Additional Information and Resources on Investing in Shyft Stock
When determining whether Shyft Group is a strong investment it is important to analyze Shyft's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:Check out World Market Map. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
To fully project Shyft's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shyft Group 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 Shyft's income statement, its balance sheet, and the statement of cash flows.