Atlantic Sapphire As Stock Total Asset
| ASA Stock | NOK 0.95 0.04 4.40% |
Atlantic Sapphire As fundamentals help investors to digest information that contributes to Atlantic Sapphire's financial success or failures. It also enables traders to predict the movement of Atlantic Stock. The fundamental analysis module provides a way to measure Atlantic Sapphire'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 Atlantic Sapphire stock.
Atlantic |
Atlantic Sapphire As Company Total Asset Analysis
Atlantic Sapphire's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Atlantic Sapphire Total Asset | 311.74 M |
Most of Atlantic Sapphire's fundamental indicators, such as Total Asset, 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, Atlantic Sapphire As is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Based on the latest financial disclosure, Atlantic Sapphire As has a Total Asset of 311.74 M. This is 98.74% lower than that of the Consumer Defensive sector and 96.92% lower than that of the Farm Products industry. The total asset for all Norway stocks is 98.94% higher than that of the company.
Atlantic Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Atlantic Sapphire's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Atlantic Sapphire could also be used in its relative valuation, which is a method of valuing Atlantic Sapphire by comparing valuation metrics of similar companies.Atlantic Sapphire is currently under evaluation in total asset category among related companies.
Atlantic Fundamentals
| Return On Equity | -0.33 | |||
| Return On Asset | -0.14 | |||
| Operating Margin | (5.43) % | |||
| Current Valuation | 1.84 B | |||
| Shares Outstanding | 153.27 M | |||
| Shares Owned By Insiders | 26.69 % | |||
| Shares Owned By Institutions | 27.06 % | |||
| Price To Book | 0.53 X | |||
| Price To Sales | 76.38 X | |||
| Revenue | 16.85 M | |||
| Gross Profit | (51.24 M) | |||
| EBITDA | (115.1 M) | |||
| Net Income | (132.78 M) | |||
| Cash And Equivalents | 17.01 M | |||
| Cash Per Share | 0.35 X | |||
| Total Debt | 52.84 M | |||
| Debt To Equity | 0.21 % | |||
| Current Ratio | 5.30 X | |||
| Book Value Per Share | 2.40 X | |||
| Cash Flow From Operations | (67.88 M) | |||
| Earnings Per Share | (15.15) X | |||
| Target Price | 9.22 | |||
| Number Of Employees | 166 | |||
| Beta | 1.49 | |||
| Market Capitalization | 1.38 B | |||
| Total Asset | 311.74 M | |||
| Z Score | 15.6 | |||
| Net Asset | 311.74 M |
About Atlantic Sapphire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Atlantic Sapphire As's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atlantic Sapphire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atlantic Sapphire As 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.
Pair Trading with Atlantic Sapphire
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 Atlantic Sapphire 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 Atlantic Sapphire will appreciate offsetting losses from the drop in the long position's value.Moving together with Atlantic Stock
| 0.72 | AFISH | Arctic Fish Holding | PairCorr |
Moving against Atlantic Stock
| 0.88 | SALM | SalMar ASA | PairCorr |
| 0.82 | AUSS | Austevoll Seafood ASA | PairCorr |
| 0.68 | EQNR | Equinor ASA | PairCorr |
| 0.53 | AKSO | Aker Solutions ASA | PairCorr |
The ability to find closely correlated positions to Atlantic Sapphire could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atlantic Sapphire 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 Atlantic Sapphire - 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 Atlantic Sapphire As to buy it.
The correlation of Atlantic Sapphire 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 Atlantic Sapphire moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atlantic Sapphire 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 Atlantic Sapphire 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 Atlantic Sapphire As. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Atlantic Sapphire information on this page should be used as a complementary analysis to other Atlantic Sapphire'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 CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Atlantic Stock analysis
When running Atlantic Sapphire's price analysis, check to measure Atlantic Sapphire'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 Atlantic Sapphire is operating at the current time. Most of Atlantic Sapphire's value examination focuses on studying past and present price action to predict the probability of Atlantic Sapphire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlantic Sapphire's price. Additionally, you may evaluate how the addition of Atlantic Sapphire to your portfolios can decrease your overall portfolio volatility.
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