Escalade Incorporated Return On Equity vs. Current Ratio
| ESCA Stock | USD 12.76 0.16 1.24% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.05972208 | Current Value 0.0567 | Quarterly Volatility 0.04887925 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.31 | 0.225 |
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| Net Profit Margin | 0.0358 | 0.0373 |
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| Operating Profit Margin | 0.0588 | 0.0676 |
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| Pretax Profit Margin | 0.0554 | 0.0474 |
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| Return On Assets | 0.0497 | 0.0379 |
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| Return On Equity | 0.0567 | 0.0597 |
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For Escalade Incorporated profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Escalade Incorporated to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Escalade Incorporated utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Escalade Incorporated's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Escalade Incorporated over time as well as its relative position and ranking within its peers.
Escalade |
Is Escalade Incorporated's 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 Escalade Incorporated. If investors know Escalade 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 Escalade Incorporated 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 0.072 | Dividend Share 0.6 | Earnings Share 0.71 | Revenue Per Share 19.219 | Quarterly Revenue Growth (0.09) |
The market value of Escalade Incorporated is measured differently than its book value, which is the value of Escalade that is recorded on the company's balance sheet. Investors also form their own opinion of Escalade Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Escalade Incorporated'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 Escalade Incorporated's market value can be influenced by many factors that don't directly affect Escalade Incorporated'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 Escalade Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Escalade Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Escalade Incorporated'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.
Escalade Incorporated Current Ratio vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Escalade Incorporated's current stock value. Our valuation model uses many indicators to compare Escalade Incorporated value to that of its competitors to determine the firm's financial worth. Escalade Incorporated is rated # 3 in return on equity category among related companies. It is one of the top stocks in current ratio category among related companies fabricating about 69.13 of Current Ratio per Return On Equity. At present, Escalade Incorporated's Return On Equity is projected to slightly decrease based on the last few years of reporting.Comparative valuation analysis is a catch-all model that can be used if you cannot value Escalade Incorporated by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Escalade Incorporated'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 Escalade Incorporated's earnings, one of the primary drivers of an investment's value.Escalade Current Ratio vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Escalade Incorporated |
| = | 0.0609 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Escalade Incorporated |
| = | 4.21 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).
Escalade Current Ratio Comparison
Escalade Incorporated is currently under evaluation in current ratio category among related companies.
Escalade Incorporated Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Escalade Incorporated, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Escalade Incorporated will eventually generate negative long term returns. The profitability progress is the general direction of Escalade Incorporated's change in net profit over the period of time. It can combine multiple indicators of Escalade Incorporated, 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 | ||
| Accumulated Other Comprehensive Income | -32.6 M | -31 M | |
| Operating Income | 17.8 M | 12.1 M | |
| Income Before Tax | 12.5 M | 11.7 M | |
| Total Other Income Expense Net | -5.3 M | -5.1 M | |
| Net Income | 9.8 M | 9.3 M | |
| Income Tax Expense | 2.7 M | 3.7 M | |
| Net Income Applicable To Common Shares | 20.7 M | 12.3 M | |
| Net Income From Continuing Ops | 9.7 M | 14.3 M | |
| Non Operating Income Net Other | 71.1 K | 67.5 K | |
| Interest Income | 754.2 K | 1.3 M | |
| Net Interest Income | -5.6 M | -5.3 M | |
| Change To Netincome | 1.6 M | 1.7 M | |
| Net Income Per Share | 0.72 | 0.41 | |
| Income Quality | 4.92 | 3.06 | |
| Net Income Per E B T | 0.79 | 0.58 |
Escalade Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Escalade Incorporated. 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 Escalade Incorporated 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 Escalade Incorporated's important profitability drivers and their relationship over time.
Use Escalade Incorporated 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 Escalade Incorporated 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 Escalade Incorporated will appreciate offsetting losses from the drop in the long position's value.Escalade Incorporated Pair Trading
Escalade Incorporated Pair Trading Analysis
The ability to find closely correlated positions to Escalade Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Escalade Incorporated 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 Escalade Incorporated - 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 Escalade Incorporated to buy it.
The correlation of Escalade Incorporated 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 Escalade Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Escalade Incorporated 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 Escalade Incorporated 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 Escalade Incorporated position
In addition to having Escalade Incorporated 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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Check out Investing Opportunities. For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.Note that the Escalade Incorporated information on this page should be used as a complementary analysis to other Escalade Incorporated'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Escalade Stock analysis
When running Escalade Incorporated's price analysis, check to measure Escalade Incorporated'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 Escalade Incorporated is operating at the current time. Most of Escalade Incorporated's value examination focuses on studying past and present price action to predict the probability of Escalade Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Escalade Incorporated's price. Additionally, you may evaluate how the addition of Escalade Incorporated to your portfolios can decrease your overall portfolio volatility.
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To fully project Escalade Incorporated's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Escalade Incorporated 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 Escalade Incorporated's income statement, its balance sheet, and the statement of cash flows.