Led Ibond International Stock Current Asset
| LEDIBOND | DKK 0.29 0.07 19.44% |
LED iBond International fundamentals help investors to digest information that contributes to LED IBond's financial success or failures. It also enables traders to predict the movement of LED Stock. The fundamental analysis module provides a way to measure LED IBond'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 LED IBond stock.
LED |
LED iBond International Company Current Asset Analysis
LED IBond's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
| Competition |
In accordance with the recently published financial statements, LED iBond International has a Current Asset of 0.0. This is 100.0% lower than that of the Industrials sector and about the same as Electrical Equipment & Parts (which currently averages 0.0) industry. The current asset for all Denmark stocks is 100.0% higher than that of the company.
LED Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LED IBond's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LED IBond could also be used in its relative valuation, which is a method of valuing LED IBond by comparing valuation metrics of similar companies.LED IBond is currently under evaluation in current asset category among its peers.
LED Fundamentals
| Return On Equity | -0.34 | |||
| Return On Asset | -0.21 | |||
| Profit Margin | (2.28) % | |||
| Operating Margin | (2.82) % | |||
| Current Valuation | 17.72 M | |||
| Shares Outstanding | 18.36 M | |||
| Shares Owned By Insiders | 28.29 % | |||
| Price To Book | 0.24 X | |||
| Price To Sales | 1.69 X | |||
| Revenue | 5.38 M | |||
| Gross Profit | 1.87 M | |||
| EBITDA | (13.86 M) | |||
| Net Income | (21.07 M) | |||
| Cash And Equivalents | 43.02 M | |||
| Cash Per Share | 2.71 X | |||
| Total Debt | 4.52 M | |||
| Debt To Equity | 0.14 % | |||
| Current Ratio | 4.47 X | |||
| Book Value Per Share | 3.57 X | |||
| Cash Flow From Operations | (12.67 M) | |||
| Earnings Per Share | (1.41) X | |||
| Number Of Employees | 23 | |||
| Beta | 1.43 | |||
| Market Capitalization | 17.16 M | |||
| Total Asset | 94.93 M | |||
| Z Score | 1.8 | |||
| Net Asset | 94.93 M |
About LED IBond Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LED iBond International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LED IBond using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LED iBond International 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 LED IBond
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 LED IBond 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 LED IBond will appreciate offsetting losses from the drop in the long position's value.Moving against LED Stock
The ability to find closely correlated positions to LED IBond could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LED IBond 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 LED IBond - 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 LED iBond International to buy it.
The correlation of LED IBond 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 LED IBond moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LED iBond International 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 LED IBond 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 LED Stock
LED IBond financial ratios help investors to determine whether LED 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 LED with respect to the benefits of owning LED IBond security.