Adva Optical Networking Stock Debt To Equity
ADVOF Stock | USD 21.57 0.00 0.00% |
ADVA Optical Networking fundamentals help investors to digest information that contributes to ADVA Optical's financial success or failures. It also enables traders to predict the movement of ADVA Pink Sheet. The fundamental analysis module provides a way to measure ADVA Optical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ADVA Optical pink sheet.
ADVA |
ADVA Optical Networking Company Debt To Equity Analysis
ADVA Optical's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current ADVA Optical Debt To Equity | 0.18 % |
Most of ADVA Optical's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ADVA Optical Networking is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Competition |
According to the company disclosure, ADVA Optical Networking has a Debt To Equity of 0.176%. This is 99.7% lower than that of the Technology sector and 99.65% lower than that of the Communication Equipment industry. The debt to equity for all United States stocks is 99.64% higher than that of the company.
ADVA Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ADVA Optical's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of ADVA Optical could also be used in its relative valuation, which is a method of valuing ADVA Optical by comparing valuation metrics of similar companies.ADVA Optical is currently under evaluation in debt to equity category among related companies.
ADVA Fundamentals
Return On Equity | 0.0927 | |||
Return On Asset | 0.0186 | |||
Profit Margin | 0.05 % | |||
Operating Margin | 0.03 % | |||
Current Valuation | 1.18 B | |||
Shares Outstanding | 51.45 M | |||
Shares Owned By Insiders | 3.80 % | |||
Shares Owned By Institutions | 46.54 % | |||
Price To Earning | 22.33 X | |||
Price To Book | 2.97 X | |||
Price To Sales | 1.74 X | |||
Revenue | 603.32 M | |||
Gross Profit | 218.56 M | |||
EBITDA | 118.48 M | |||
Net Income | 59.22 M | |||
Cash And Equivalents | 63.78 M | |||
Cash Per Share | 1.23 X | |||
Total Debt | 22.52 M | |||
Debt To Equity | 0.18 % | |||
Current Ratio | 1.74 X | |||
Book Value Per Share | 7.16 X | |||
Cash Flow From Operations | 123.25 M | |||
Earnings Per Share | 0.67 X | |||
Price To Earnings To Growth | 1.96 X | |||
Number Of Employees | 2.02 K | |||
Beta | 0.72 | |||
Market Capitalization | 1.24 B | |||
Total Asset | 601.52 M | |||
Retained Earnings | (141 M) | |||
Working Capital | 126 M | |||
Current Asset | 280 M | |||
Current Liabilities | 154 M | |||
Z Score | 34.0 | |||
Net Asset | 601.52 M |
About ADVA Optical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ADVA Optical Networking's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ADVA Optical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ADVA Optical Networking based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ADVA Optical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ADVA Optical's short interest history, or implied volatility extrapolated from ADVA Optical options trading.
Pair Trading with ADVA Optical
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 ADVA Optical 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 ADVA Optical will appreciate offsetting losses from the drop in the long position's value.Moving together with ADVA Pink Sheet
0.82 | HPE | Hewlett Packard Ente Aggressive Push | PairCorr |
Moving against ADVA Pink Sheet
0.65 | GFGY | Granite Falls Energy | PairCorr |
0.58 | AMKBF | AP Mller | PairCorr |
The ability to find closely correlated positions to ADVA Optical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ADVA Optical 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 ADVA Optical - 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 ADVA Optical Networking to buy it.
The correlation of ADVA Optical 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 ADVA Optical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADVA Optical Networking 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 ADVA Optical 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADVA Optical Networking. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for ADVA Pink Sheet analysis
When running ADVA Optical's price analysis, check to measure ADVA Optical'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 ADVA Optical is operating at the current time. Most of ADVA Optical's value examination focuses on studying past and present price action to predict the probability of ADVA Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADVA Optical's price. Additionally, you may evaluate how the addition of ADVA Optical to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |