Narae Nanotech Cash Flow From Operations vs. Total Debt
| 137080 Stock | 4,175 100.00 2.45% |
For Narae Nanotech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Narae Nanotech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Narae Nanotech Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Narae Nanotech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Narae Nanotech Corp over time as well as its relative position and ranking within its peers.
Narae |
Narae Nanotech Corp Total Debt vs. Cash Flow From Operations Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Narae Nanotech's current stock value. Our valuation model uses many indicators to compare Narae Nanotech value to that of its competitors to determine the firm's financial worth. Narae Nanotech Corp is number one stock in cash flow from operations category among its peers. It is rated fourth in total debt category among its peers making up about 0.14 of Total Debt per Cash Flow From Operations. The ratio of Cash Flow From Operations to Total Debt for Narae Nanotech Corp is roughly 6.97 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Narae Nanotech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Narae Nanotech's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Narae Total Debt vs. Cash Flow From Operations
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Narae Nanotech |
| = | 23.74 B |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
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.
Narae Nanotech |
| = | 3.41 B |
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.
Narae Total Debt vs Competition
Narae Nanotech Corp is rated fourth in total debt category among its peers. Total debt of Machinery, Tools, Heavy Vehicles, Trains & Ships industry is presently estimated at about 163.21 Billion. Narae Nanotech holds roughly 3.41 Billion in total debt claiming about 2.09% of all equities under Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
Narae Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Narae Nanotech. 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 Narae Nanotech 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 Narae Nanotech's important profitability drivers and their relationship over time.
Use Narae Nanotech 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 Narae Nanotech 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 Narae Nanotech will appreciate offsetting losses from the drop in the long position's value.Narae Nanotech Pair Trading
Narae Nanotech Corp Pair Trading Analysis
The ability to find closely correlated positions to Narae Nanotech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Narae Nanotech 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 Narae Nanotech - 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 Narae Nanotech Corp to buy it.
The correlation of Narae Nanotech 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 Narae Nanotech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Narae Nanotech Corp 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 Narae Nanotech 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 Narae Nanotech position
In addition to having Narae Nanotech 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 Sector ETFs Thematic Idea Now
Sector ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Sector ETFs theme has 439 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 Sector ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Narae Stock
To fully project Narae Nanotech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Narae Nanotech Corp 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 Narae Nanotech's income statement, its balance sheet, and the statement of cash flows.