Inrom Construction EBITDA vs. Current Ratio
| INRM Stock | ILS 1,200 6.00 0.50% |
For Inrom Construction profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Inrom Construction to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Inrom Construction Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Inrom Construction's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Inrom Construction Industries over time as well as its relative position and ranking within its peers.
Inrom |
Inrom Construction Current Ratio vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Inrom Construction's current stock value. Our valuation model uses many indicators to compare Inrom Construction value to that of its competitors to determine the firm's financial worth. Inrom Construction Industries is currently regarded as number one stock in ebitda category among related companies. It is currently regarded as number one stock in current ratio category among related companies . The ratio of EBITDA to Current Ratio for Inrom Construction Industries is about 115,018,857 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Inrom Construction by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Inrom Construction'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 Inrom Construction's earnings, one of the primary drivers of an investment's value.Inrom Current Ratio vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Inrom Construction |
| = | 201.28 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Inrom Construction |
| = | 1.75 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).
Inrom Current Ratio Comparison
Inrom Construction is currently under evaluation in current ratio category among related companies.
Inrom Construction Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Inrom Construction, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Inrom Construction will eventually generate negative long term returns. The profitability progress is the general direction of Inrom Construction's change in net profit over the period of time. It can combine multiple indicators of Inrom Construction, 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.
Inrom Construction Industries Ltd produces, markets, and sells various products and solutions for the construction and renovation industries in Israel. Inrom Construction Industries Ltd was founded in 2013 and is based in Airport City, Israel. INROM CONSTRUCTION operates under Building Materials classification in Israel and is traded on Tel Aviv Stock Exchange.
Inrom Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Inrom Construction. 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 Inrom Construction 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 Inrom Construction's important profitability drivers and their relationship over time.
Use Inrom Construction 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 Inrom Construction 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 Inrom Construction will appreciate offsetting losses from the drop in the long position's value.Inrom Construction Pair Trading
Inrom Construction Industries Pair Trading Analysis
The ability to find closely correlated positions to Inrom Construction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inrom Construction 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 Inrom Construction - 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 Inrom Construction Industries to buy it.
The correlation of Inrom Construction 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 Inrom Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inrom Construction 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 Inrom Construction 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 Inrom Construction position
In addition to having Inrom Construction 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 Risk vs Return Analysis. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Inrom Stock analysis
When running Inrom Construction's price analysis, check to measure Inrom Construction'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 Inrom Construction is operating at the current time. Most of Inrom Construction's value examination focuses on studying past and present price action to predict the probability of Inrom Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inrom Construction's price. Additionally, you may evaluate how the addition of Inrom Construction to your portfolios can decrease your overall portfolio volatility.
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To fully project Inrom Construction's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Inrom Construction 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 Inrom Construction's income statement, its balance sheet, and the statement of cash flows.