Narae Nanotech Total Debt vs. Revenue
| 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 Revenue vs. Total Debt 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 the top company in total debt category among its peers. It also is the top company in revenue category among its peers totaling about 39.69 of Revenue per Total Debt. 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. Competition
Narae Nanotech Corp is the top company in total debt category among its peers. Total debt of Machinery, Tools, Heavy Vehicles, Trains & Ships industry is presently estimated at about 4.72 Billion. Narae Nanotech totals roughly 3.41 Billion in total debt claiming about 72% of all equities under Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
Narae Revenue vs. Total Debt
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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Narae Nanotech |
| = | 135.15 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Narae Revenue vs Competition
Narae Nanotech Corp is the top company in revenue category among its peers. Market size based on revenue of Machinery, Tools, Heavy Vehicles, Trains & Ships industry is presently estimated at about 174.09 Billion. Narae Nanotech totals roughly 135.15 Billion in revenue claiming about 78% 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.
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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 Consumer Funds Thematic Idea Now
Consumer Funds
Funds or Etfs that invest in consumer products such as packaged goods, clothing, food, beverages and retail services. The Consumer Funds theme has 46 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 Consumer Funds Theme or any other thematic opportunities.
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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.