Moving on tracing line, Tesla Motors, Inc. (NASDAQ:TSLA) need to consider for profitability analysis, in latest session share price swings at $200.15 with percentage change of 1.80%. Chief Executive of Tesla Motors Inc, Elon Musk stated on Sunday firm would not need to raise equity or corporate debt in the fourth quarter for its planned acquisition of SolarCity Corp, contradicting a filing the firm made with regulators last week.
Asked on Twitter whether the firm would raise funds in first quarter of 2017, Musk tweeted, “Probably not then either.” A spokeswoman stated the firm would not comment beyond Musk’s tweets. In a filing with the Securities and Exchange Commission on Friday, Tesla stated it “is presently planning to raise additional funds by the end of this year, comprising through potential equity or debt offerings, subject to market conditions and recognizing that Tesla cannot be certain that additional funds would be accessible to it on favorable terms or at all.”
The Co has negative -24.60% profit margin to find consistent trends in a firm’s earnings. Gross profit margin and operating profit margin are its sub parts that firm have 21.40% and -20.40% respectively. TSLA has returns on investment of -16.50%. The returns on assets was -12.30% that gives an idea about how efficient management is at using its assets to generate earnings. It has returns on equity of -76.50%, which is measuring profitability by disclosing how much profit generates by TSLA with the shareholders’ money.
The firm attains analyst recommendation of 3.00 on scale of 1-5 with week’s performance of -3.64%. The firm current ratio calculated as 1.40, this value is acceptable if it lies in 1.3% to 3%. But its varies industry to industry. To strengthen these views, active industry firm has Quick Ratio of 1.00, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 1.30, sometimes its remain same with long term debt to equity ratio.
Waking on tracing line of previous stocks, Nova Lifestyle, Inc. (NASDAQ:NVFY) also making a luring appeal, share price swings at $3.74 with percentage change of -2.41% in most recent trading session.
The profit margin can answer significantly to find consistent trends in a firm’s earnings, the Co has positive 0.10% profit margin that indicates every dollar of sales a firm actually keeps in earnings, and the larger number indicates improving and vise worse. Gross profit margin, operating profit margin are its sub parts that firm has 15.10% and 0.80% respectively. Moving toward returns ratio, NVFY has returns on investment of 4.60% which indicates firm’s investment efficiency or to compare the efficiency of a number of different investments.
While returns on assets calculated as 0.10% hat gives an idea about how efficient management is at using its assets to generate earnings. It has returns on equity of 0.20%, which is measuring a corporation’s profitability by revealing how much profit generates by NVFY with the shareholders’ money. Moving toward ratio analysis, it has current ratio of 3.40 and quick ratio was calculated as 3.20. The debt to equity ratio appeared as 0.00 for seeing its liquidity position.