Bombardier Current Ratio vs. Total Debt
| BBD-B Stock | CAD 56.68 0.67 1.17% |
For Bombardier profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bombardier to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bombardier utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bombardier's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bombardier over time as well as its relative position and ranking within its peers.
Bombardier |
Bombardier Total Debt vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bombardier's current stock value. Our valuation model uses many indicators to compare Bombardier value to that of its competitors to determine the firm's financial worth. Bombardier is number one stock in current ratio category among related companies. It is the top company in total debt category among related companies making up about 6,873,563,218 of Total Debt per Current Ratio. Comparative valuation analysis is a catch-all model that can be used if you cannot value Bombardier by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bombardier's Stock. 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 Bombardier's earnings, one of the primary drivers of an investment's value.Bombardier Total Debt vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Bombardier |
| = | 0.87 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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.
Bombardier |
| = | 5.98 B |
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.
Bombardier Total Debt vs Competition
Bombardier is the top company in total debt category among related companies. Total debt of Industrials industry is currently estimated at about 7.85 Billion. Bombardier totals roughly 5.98 Billion in total debt claiming about 76% of equities under Industrials industry.
Bombardier Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bombardier, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bombardier will eventually generate negative long term returns. The profitability progress is the general direction of Bombardier's change in net profit over the period of time. It can combine multiple indicators of Bombardier, 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.
Bombardier Inc., together with its subsidiaries, manufactures and sells transportation equipment worldwide. Bombardier Inc. was incorporated in 1902 and is headquartered in Montreal, Canada. BOMBARDIER INC operates under Aerospace Defense classification in Canada and is traded on Toronto Stock Exchange. It employs 53900 people.
Bombardier Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bombardier. 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 Bombardier 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 Bombardier's important profitability drivers and their relationship over time.
Use Bombardier 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 Bombardier 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 Bombardier will appreciate offsetting losses from the drop in the long position's value.Bombardier Pair Trading
Bombardier Pair Trading Analysis
The ability to find closely correlated positions to Bombardier could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bombardier 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 Bombardier - 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 Bombardier to buy it.
The correlation of Bombardier 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 Bombardier moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bombardier 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 Bombardier 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 Bombardier position
In addition to having Bombardier 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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Funds or Etfs that invest in companies involved in research, development, testing, or distribution of technologically based goods and services. The Tech Funds theme has 42 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 Tech Funds Theme or any other thematic opportunities.
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Check out Trending Equities. Note that the Bombardier information on this page should be used as a complementary analysis to other Bombardier'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Bombardier Stock analysis
When running Bombardier's price analysis, check to measure Bombardier'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 Bombardier is operating at the current time. Most of Bombardier's value examination focuses on studying past and present price action to predict the probability of Bombardier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bombardier's price. Additionally, you may evaluate how the addition of Bombardier to your portfolios can decrease your overall portfolio volatility.
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To fully project Bombardier's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bombardier 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 Bombardier's income statement, its balance sheet, and the statement of cash flows.