Tci Co Stock Current Liabilities
| 8436 Stock | TWD 154.50 4.50 2.83% |
TCI Co fundamentals help investors to digest information that contributes to TCI's financial success or failures. It also enables traders to predict the movement of TCI Stock. The fundamental analysis module provides a way to measure TCI'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 TCI stock.
TCI |
TCI Co Company Current Liabilities Analysis
TCI's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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In accordance with the recently published financial statements, TCI Co has a Current Liabilities of 0.0. This is 100.0% lower than that of the Consumer Defensive sector and 100.0% lower than that of the Household & Personal Products industry. The current liabilities for all Taiwan stocks is 100.0% higher than that of the company.
TCI Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TCI's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TCI could also be used in its relative valuation, which is a method of valuing TCI by comparing valuation metrics of similar companies.TCI is currently under evaluation in current liabilities category among its peers.
TCI Fundamentals
| Return On Equity | 0.0775 | |||
| Return On Asset | 0.0432 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 17.53 B | |||
| Shares Outstanding | 117.73 M | |||
| Shares Owned By Insiders | 24.32 % | |||
| Shares Owned By Institutions | 17.83 % | |||
| Price To Earning | 14.44 X | |||
| Price To Book | 2.59 X | |||
| Price To Sales | 2.48 X | |||
| Revenue | 8.58 B | |||
| Gross Profit | 3.72 B | |||
| EBITDA | 2.5 B | |||
| Net Income | 1.55 B | |||
| Cash And Equivalents | 5.69 B | |||
| Cash Per Share | 48.53 X | |||
| Total Debt | 967.51 M | |||
| Debt To Equity | 0.20 % | |||
| Current Ratio | 1.78 X | |||
| Book Value Per Share | 66.72 X | |||
| Cash Flow From Operations | 1.58 B | |||
| Earnings Per Share | 5.20 X | |||
| Target Price | 144.25 | |||
| Number Of Employees | 33 | |||
| Beta | 0.68 | |||
| Market Capitalization | 23.84 B | |||
| Total Asset | 14.71 B | |||
| Z Score | 14.4 | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 1.75 % | |||
| Net Asset | 14.71 B | |||
| Last Dividend Paid | 8.88 |
About TCI Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TCI Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TCI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TCI Co 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 TCI
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 TCI 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 TCI will appreciate offsetting losses from the drop in the long position's value.Moving together with TCI Stock
Moving against TCI Stock
| 0.89 | 2330 | Taiwan Semiconductor | PairCorr |
| 0.87 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.86 | 0053 | YuantaP shares Taiwan | PairCorr |
| 0.85 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.55 | 6504 | Nan Liu Enterprise | PairCorr |
The ability to find closely correlated positions to TCI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TCI 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 TCI - 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 TCI Co to buy it.
The correlation of TCI 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 TCI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TCI Co 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 TCI 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 TCI Stock Analysis
When running TCI's price analysis, check to measure TCI'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 TCI is operating at the current time. Most of TCI's value examination focuses on studying past and present price action to predict the probability of TCI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TCI's price. Additionally, you may evaluate how the addition of TCI to your portfolios can decrease your overall portfolio volatility.