Endexx Corp Net Income vs. Retained Earnings
| EDXC Stock | USD 0.02 0.01 25.94% |
For Endexx Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Endexx Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Endexx Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Endexx Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Endexx Corp over time as well as its relative position and ranking within its peers.
Endexx |
Endexx Corp Retained Earnings vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Endexx Corp's current stock value. Our valuation model uses many indicators to compare Endexx Corp value to that of its competitors to determine the firm's financial worth. Endexx Corp is rated # 4 in net income category among related companies. It is one of the top stocks in retained earnings category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Endexx Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Endexx Corp's Pink Sheet. 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 Endexx Corp's earnings, one of the primary drivers of an investment's value.Endexx Retained Earnings vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Endexx Corp |
| = | (4.13 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Endexx Corp |
| = | (11.24 M) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Endexx Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Endexx Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Endexx Corp will eventually generate negative long term returns. The profitability progress is the general direction of Endexx Corp's change in net profit over the period of time. It can combine multiple indicators of Endexx Corp, 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.
Endexx Corporation engages in the manufacturing and sale of cannabidiol -based products for the health and wellness market. The company was formerly known as CBD Unlimited, Inc. and changed its name to Endexx Corporation in May 2020. Endexx Corp is traded on OTC Exchange in the United States.
Endexx Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Endexx Corp. 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 Endexx Corp 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 Endexx Corp's important profitability drivers and their relationship over time.
Use Endexx Corp 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 Endexx Corp 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 Endexx Corp will appreciate offsetting losses from the drop in the long position's value.Endexx Corp Pair Trading
Endexx Corp Pair Trading Analysis
The ability to find closely correlated positions to Endexx Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endexx Corp 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 Endexx Corp - 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 Endexx Corp to buy it.
The correlation of Endexx Corp 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 Endexx Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endexx Corp 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 Endexx Corp 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 Endexx Corp position
In addition to having Endexx Corp 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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Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 constituents at this time.
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Check out Investing Opportunities. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Endexx Pink Sheet analysis
When running Endexx Corp's price analysis, check to measure Endexx Corp'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 Endexx Corp is operating at the current time. Most of Endexx Corp's value examination focuses on studying past and present price action to predict the probability of Endexx Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Endexx Corp's price. Additionally, you may evaluate how the addition of Endexx Corp to your portfolios can decrease your overall portfolio volatility.
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To fully project Endexx Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Endexx Corp 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 Endexx Corp's income statement, its balance sheet, and the statement of cash flows.