NACCO Industries Total Debt vs. Current Asset
| NC Stock | USD 28.64 0.49 1.74% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0513 | 0.054 |
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For NACCO Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NACCO Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NACCO Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NACCO Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NACCO Industries over time as well as its relative position and ranking within its peers.
NACCO |
Is NACCO Industries' 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 NACCO Industries. If investors know NACCO 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 NACCO Industries 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 (0.93) | Dividend Share 0.86 | Earnings Share (5.29) | Revenue Per Share 28.723 | Quarterly Revenue Growth (0.11) |
The market value of NACCO Industries is measured differently than its book value, which is the value of NACCO that is recorded on the company's balance sheet. Investors also form their own opinion of NACCO Industries' value that differs from its market value or its book value, called intrinsic value, which is NACCO Industries' 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 NACCO Industries' market value can be influenced by many factors that don't directly affect NACCO Industries' 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 NACCO Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NACCO Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NACCO Industries' 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.
NACCO Industries Current Asset vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NACCO Industries's current stock value. Our valuation model uses many indicators to compare NACCO Industries value to that of its competitors to determine the firm's financial worth. NACCO Industries is rated below average in total debt category among related companies. It is regarded third in current asset category among related companies fabricating about 7.82 of Current Asset per Total Debt. At present, NACCO Industries' Other Current Assets are projected to decrease significantly based on the last few years of reporting.Comparative valuation analysis is a catch-all model that can be used if you cannot value NACCO Industries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NACCO Industries' 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 NACCO Industries' earnings, one of the primary drivers of an investment's value.NACCO Total Debt vs. Competition
NACCO Industries is rated below average in total debt category among related companies. Total debt of Energy industry is now estimated at about 81.87 Billion. NACCO Industries adds roughly 46.22 Million in total debt claiming only tiny portion of equities under Energy industry.
NACCO 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.
NACCO Industries |
| = | 46.22 M |
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.
NACCO Industries |
| = | 361.43 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.
NACCO Current Asset Comparison
NACCO Industries is currently under evaluation in current asset category among related companies.
NACCO Industries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NACCO Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NACCO Industries will eventually generate negative long term returns. The profitability progress is the general direction of NACCO Industries' change in net profit over the period of time. It can combine multiple indicators of NACCO Industries, 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 | -9.7 M | -10.1 M | |
| Operating Income | -54 M | -51.3 M | |
| Income Before Tax | -64.2 M | -61 M | |
| Total Other Income Expense Net | -10.1 M | -10.6 M | |
| Net Loss | -39.6 M | -37.6 M | |
| Income Tax Expense | -24.6 M | -23.3 M | |
| Net Income Applicable To Common Shares | 66.7 M | 41.3 M | |
| Net Income From Continuing Ops | 18.2 M | 28.7 M | |
| Non Operating Income Net Other | 17.8 M | 18.7 M | |
| Interest Income | 5.3 M | 2.8 M | |
| Net Interest Income | 3 M | 3.2 M | |
| Change To Netincome | -220.5 K | -209.5 K | |
| Net Loss | (5.29) | (5.03) | |
| Income Quality | (1.38) | (1.31) | |
| Net Income Per E B T | 0.62 | 0.59 |
NACCO Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NACCO Industries. 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 NACCO Industries 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 NACCO Industries' important profitability drivers and their relationship over time.
Use NACCO Industries 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 NACCO Industries 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 NACCO Industries will appreciate offsetting losses from the drop in the long position's value.NACCO Industries Pair Trading
NACCO Industries Pair Trading Analysis
The ability to find closely correlated positions to NACCO Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NACCO Industries 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 NACCO Industries - 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 NACCO Industries to buy it.
The correlation of NACCO Industries 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 NACCO Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NACCO Industries 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 NACCO Industries 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 NACCO Industries position
In addition to having NACCO Industries 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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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Check out Correlation Analysis. For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.Note that the NACCO Industries information on this page should be used as a complementary analysis to other NACCO Industries' 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for NACCO Stock analysis
When running NACCO Industries' price analysis, check to measure NACCO Industries' 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 NACCO Industries is operating at the current time. Most of NACCO Industries' value examination focuses on studying past and present price action to predict the probability of NACCO Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NACCO Industries' price. Additionally, you may evaluate how the addition of NACCO Industries to your portfolios can decrease your overall portfolio volatility.
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To fully project NACCO Industries' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NACCO Industries 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 NACCO Industries' income statement, its balance sheet, and the statement of cash flows.