JF Technology EBITDA vs. Total Debt
| 0146 Stock | 0.51 0.01 1.92% |
For JF Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of JF Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well JF Technology BHD utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between JF Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of JF Technology BHD over time as well as its relative position and ranking within its peers.
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JF Technology BHD Total Debt vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining JF Technology's current stock value. Our valuation model uses many indicators to compare JF Technology value to that of its competitors to determine the firm's financial worth. JF Technology BHD is rated below average in ebitda category among its peers. It is rated fifth in total debt category among its peers making up about 0.20 of Total Debt per EBITDA. The ratio of EBITDA to Total Debt for JF Technology BHD is roughly 4.93 . 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 JF Technology's earnings, one of the primary drivers of an investment's value.0146 Total Debt vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
JF Technology |
| = | 20.4 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
JF Technology |
| = | 4.14 M |
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.
0146 Total Debt vs Competition
JF Technology BHD is rated fifth in total debt category among its peers. Total debt of Machinery, Tools, Heavy Vehicles, Trains & Ships industry is presently estimated at about 76.14 Million. JF Technology holds roughly 4.14 Million in total debt claiming about 5% of all equities under Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
0146 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on JF Technology. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of JF Technology position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the JF Technology's important profitability drivers and their relationship over time.
Use JF Technology in pair-trading
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 JF Technology 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 JF Technology will appreciate offsetting losses from the drop in the long position's value.JF Technology Pair Trading
JF Technology BHD Pair Trading Analysis
The ability to find closely correlated positions to JF Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JF Technology 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 JF Technology - 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 JF Technology BHD to buy it.
The correlation of JF Technology 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 JF Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JF Technology BHD 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 JF Technology 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.Use Investing Themes to Complement your JF Technology position
In addition to having JF Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run FinTech Thematic Idea Now
FinTech
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The FinTech theme has 81 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize FinTech Theme or any other thematic opportunities.
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Other Information on Investing in 0146 Stock
To fully project JF Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of JF Technology BHD at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include JF Technology's income statement, its balance sheet, and the statement of cash flows.