Tk Chemical Stock Debt To Equity
| 104480 Stock | KRW 1,360 10.00 0.73% |
TK Chemical fundamentals help investors to digest information that contributes to TK Chemical's financial success or failures. It also enables traders to predict the movement of 104480 Stock. The fundamental analysis module provides a way to measure TK Chemical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TK Chemical stock.
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TK Chemical Company Debt To Equity Analysis
TK Chemical's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current TK Chemical Debt To Equity | 0.83 % |
Most of TK Chemical's fundamental indicators, such as Debt To Equity, 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, TK Chemical is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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According to the company disclosure, TK Chemical has a Debt To Equity of 0.826%. This is much higher than that of the Textiles, Apparel & Luxury Goods sector and significantly higher than that of the Consumer Discretionary industry. The debt to equity for all Republic of Korea stocks is notably lower than that of the firm.
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104480 Fundamentals
| Return On Equity | 45.3 | |||
| Return On Asset | 0.0264 | |||
| Profit Margin | 0.44 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 873.48 B | |||
| Shares Outstanding | 90.9 M | |||
| Shares Owned By Insiders | 47.91 % | |||
| Shares Owned By Institutions | 3.45 % | |||
| Price To Sales | 0.49 X | |||
| Revenue | 693.9 B | |||
| Gross Profit | 10.19 B | |||
| EBITDA | 46.97 B | |||
| Net Income | 350.83 B | |||
| Cash And Equivalents | 12.56 B | |||
| Cash Per Share | 114.17 X | |||
| Total Debt | 51.5 B | |||
| Debt To Equity | 0.83 % | |||
| Current Ratio | 0.69 X | |||
| Cash Flow From Operations | 44.28 B | |||
| Target Price | 3500.0 | |||
| Number Of Employees | 26 | |||
| Beta | 0.47 | |||
| Market Capitalization | 278.14 B | |||
| Total Asset | 1.15 T | |||
| Z Score | 3.0 | |||
| Net Asset | 1.15 T |
About TK Chemical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TK Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TK Chemical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TK Chemical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with TK Chemical
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 TK Chemical 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 TK Chemical will appreciate offsetting losses from the drop in the long position's value.Moving together with 104480 Stock
The ability to find closely correlated positions to TK Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TK Chemical 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 TK Chemical - 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 TK Chemical to buy it.
The correlation of TK Chemical 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 TK Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TK Chemical 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 TK Chemical 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.Other Information on Investing in 104480 Stock
TK Chemical financial ratios help investors to determine whether 104480 Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 104480 with respect to the benefits of owning TK Chemical security.