1584 Financial Statements From 2010 to 2024
| 1584 Stock | TWD 28.85 0.45 1.54% |
Check S Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among S Tech's main balance sheet or income statement drivers, such as , as well as many indicators such as . 1584 financial statements analysis is a perfect complement when working with S Tech Valuation or Volatility modules.
1584 |
S Tech Corp Company Total Debt Analysis
S Tech's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current S Tech Total Debt | 1.03 B |
Most of S Tech's fundamental indicators, such as Total Debt, 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, S Tech Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Based on the latest financial disclosure, S Tech Corp has a Total Debt of 1.03 B. This is 46.95% lower than that of the Industrials sector and 245.86% higher than that of the Metal Fabrication industry. The total debt for all Taiwan stocks is 80.63% higher than that of the company.
S Tech Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining S Tech's current stock value. Our valuation model uses many indicators to compare S Tech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across S Tech competition to find correlations between indicators driving S Tech's intrinsic value. More Info.S Tech Corp is number one stock in ebitda category among its peers. It also is number one stock in net income category among its peers . 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 S Tech's earnings, one of the primary drivers of an investment's value.About S Tech Financial Statements
S Tech investors use historical fundamental indicators, such as S Tech's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in S Tech. Please read more on our technical analysis and fundamental analysis pages.
S-Tech Corp. manufactures and sells alloy products in Taiwan. S-Tech Corp. was founded in 2002 and is based in Tainan City, Taiwan. S TECH operates under Metal Fabrication classification in Taiwan and is traded on Taiwan OTC Exchange.
Pair Trading with S Tech
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 S Tech 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 S Tech will appreciate offsetting losses from the drop in the long position's value.Moving together with 1584 Stock
| 0.76 | 2474 | Catcher Technology | PairCorr |
| 0.9 | 2211 | Evergreen Steel Corp | PairCorr |
| 0.8 | 1532 | China Metal Products | PairCorr |
Moving against 1584 Stock
| 0.91 | 2881A | Fubon Financial Holding | PairCorr |
| 0.89 | 2882B | Cathay Financial Holding | PairCorr |
| 0.85 | 9904 | Pou Chen Corp | PairCorr |
| 0.78 | 1569 | Bin Chuan Enterprise | PairCorr |
| 0.7 | 0050 | YuantaP shares Taiwan | PairCorr |
The ability to find closely correlated positions to S Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace S Tech 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 S Tech - 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 S Tech Corp to buy it.
The correlation of S Tech 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 S Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if S Tech 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 S Tech 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.Additional Tools for 1584 Stock Analysis
When running S Tech's price analysis, check to measure S Tech'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 S Tech is operating at the current time. Most of S Tech's value examination focuses on studying past and present price action to predict the probability of S Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move S Tech's price. Additionally, you may evaluate how the addition of S Tech to your portfolios can decrease your overall portfolio volatility.