Tenet Fintech Profitability Analysis

PKKFF Stock

USD 0.56 0.01 1.82%

For Tenet Fintech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tenet Fintech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tenet Fintech Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tenet Fintech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tenet Fintech Group over time as well as its relative position and ranking within its peers. Please check Your Equity Center.

Please note, there is a significant difference between Tenet Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine Tenet Fintech value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Fintech's 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.

Tenet Fintech Group Revenue vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Tenet Fintech's current stock value. Our valuation model uses many indicators to compare Tenet Fintech value to that of its competitors to determine the firm's financial worth.

Tenet Fintech Group is considered to be number one stock in current ratio category among related companies. It is rated top company in revenue category among related companies totaling about 20,851,665 of Revenue per Current Ratio. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tenet Fintech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tenet Fintech's OTC 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 Tenet Fintech's earnings, one of the primary drivers of an investment's value.

Tenet Revenue vs. Current Ratio

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.

Tenet Fintech

Current Ratio

Current Asset

Current Liabilities

4.97 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).

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Tenet Fintech

Revenue

Money Received

Discounts and Returns

103.63 M

Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Tenet Revenue vs Competition

Tenet Fintech Group is rated top company in revenue category among related companies. Market size based on revenue of Information Technology industry is at this time estimated at about 27.83 Billion. Tenet Fintech adds roughly 103.63 Million in revenue claiming only tiny portion of equities under Information Technology industry.

Revenue Capitalization Total debt Workforce Valuation

Tenet Fintech Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Tenet Fintech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tenet Fintech will eventually generate negative long term returns. The profitability progress is the general direction of Tenet Fintech's change in net profit over the period of time. It can combine multiple indicators of Tenet Fintech, 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.

Tenet Fintech Group Inc., through its subsidiaries, operates in the commercial lending industry in China. Tenet Fintech Group Inc. was incorporated in 2008 and is headquartered in Toronto, Canada. Tenet Fintech is traded on OTC Exchange in the United States.

Tenet Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Tenet Fintech. 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 Tenet Fintech 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 Tenet Fintech's important profitability drivers and their relationship over time.

Use Tenet Fintech 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 Tenet Fintech 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 Tenet Fintech will appreciate offsetting losses from the drop in the long position's value.

Tenet Fintech Pair Trading

Tenet Fintech Group Pair Trading Analysis

The ability to find closely correlated positions to Tenet Fintech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tenet Fintech 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 Tenet Fintech - 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 Tenet Fintech Group to buy it.

The correlation of Tenet Fintech is a statistical measure of how it moves in relation to other equities. 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 Tenet Fintech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tenet Fintech Group 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 Tenet Fintech 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.

Pair Correlation Correlation Matching

Use Investing Themes to Complement your Tenet Fintech position

In addition to having Tenet Fintech 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.

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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Insurance theme has 61 constituents at this time.

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Please check Your Equity Center. Note that the Tenet Fintech Group information on this page should be used as a complementary analysis to other Tenet Fintech'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Tenet OTC Stock analysis

When running Tenet Fintech Group price analysis, check to measure Tenet Fintech'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 Tenet Fintech is operating at the current time. Most of Tenet Fintech's value examination focuses on studying past and present price action to predict the probability of Tenet Fintech's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tenet Fintech's price. Additionally, you may evaluate how the addition of Tenet Fintech to your portfolios can decrease your overall portfolio volatility.

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To fully project Tenet Fintech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tenet Fintech Group 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 Tenet Fintech's income statement, its balance sheet, and the statement of cash flows.

Potential Tenet Fintech investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Tenet Fintech investors may work on each financial statement separately, they are all related. The changes in Tenet Fintech's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tenet Fintech's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

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	Revenue vs Z Score
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Tenet Fintech Profitability Analysis

Tenet Fintech Group Revenue vs. Current Ratio Fundamental Analysis

Tenet Revenue vs. Current Ratio

Tenet Revenue vs Competition

Tenet Fintech Profitability Projections

Tenet Profitability Driver Comparison

Use Tenet Fintech in pair-trading

Tenet Fintech Pair Trading

Tenet Fintech Group Pair Trading Analysis

Use Investing Themes to Complement your Tenet Fintech position

Did You Try This Idea?

Run Insurance Thematic Idea Now

Insurance

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