Crescent Steel Allied Stock Total Debt
| CSAP Stock | 105.07 0.48 0.46% |
Crescent Steel Allied fundamentals help investors to digest information that contributes to Crescent Steel's financial success or failures. It also enables traders to predict the movement of Crescent Stock. The fundamental analysis module provides a way to measure Crescent Steel'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 Crescent Steel stock.
Crescent |
Crescent Steel Allied Company Total Debt Analysis
Crescent Steel'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 Crescent Steel Total Debt | 50.38 M |
Most of Crescent Steel'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, Crescent Steel Allied 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, Crescent Steel Allied has a Total Debt of 50.38 M. This is much higher than that of the Materials sector and significantly higher than that of the Metals & Mining industry. The total debt for all Pakistan stocks is notably lower than that of the firm.
Crescent Steel Allied is the top company in total debt category among its peers. Total debt of Metals & Mining industry is currently estimated at about 561.97 Million. Crescent Steel holds roughly 50.38 Million in total debt claiming about 9% of all equities under Metals & Mining industry.Crescent Fundamentals
| Revenue | 7 B | |||
| EBITDA | (330.97 M) | |||
| Net Income | (647.29 M) | |||
| Total Debt | 50.38 M | |||
| Cash Flow From Operations | 74.23 M | |||
| Total Asset | 9.47 B | |||
| Net Asset | 9.47 B |
About Crescent Steel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Crescent Steel Allied's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Crescent Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Crescent Steel Allied 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 Crescent Steel
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 Crescent Steel 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 Crescent Steel will appreciate offsetting losses from the drop in the long position's value.Moving against Crescent Stock
| 0.48 | KAPCO | KOT Addu Power | PairCorr |
| 0.38 | LOADS | Loads | PairCorr |
| 0.38 | REWM | Reliance Weaving Mills | PairCorr |
| 0.32 | MARI | Mari Petroleum Earnings Call This Week | PairCorr |
| 0.32 | THCCL | Thatta Cement | PairCorr |
The ability to find closely correlated positions to Crescent Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crescent Steel 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 Crescent Steel - 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 Crescent Steel Allied to buy it.
The correlation of Crescent Steel 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 Crescent Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crescent Steel Allied 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 Crescent Steel 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 Crescent Stock
Crescent Steel financial ratios help investors to determine whether Crescent 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 Crescent with respect to the benefits of owning Crescent Steel security.