SDI Corp Cash And Equivalents vs. Net Income
| 2351 Stock | TWD 95.50 2.10 2.15% |
For SDI Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SDI Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SDI Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SDI Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SDI Corp over time as well as its relative position and ranking within its peers.
SDI |
SDI Corp Net Income vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SDI Corp's current stock value. Our valuation model uses many indicators to compare SDI Corp value to that of its competitors to determine the firm's financial worth. SDI Corp is rated below average in cash and equivalents category among its peers. It also is rated below average in net income category among its peers making up about 0.85 of Net Income per Cash And Equivalents. The ratio of Cash And Equivalents to Net Income for SDI Corp is roughly 1.17 . 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 SDI Corp's earnings, one of the primary drivers of an investment's value.SDI Net Income vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
SDI Corp |
| = | 1000 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
SDI Corp |
| = | 852.24 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
SDI Net Income Comparison
SDI Corp is currently under evaluation in net income category among its peers.
SDI Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SDI Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SDI Corp will eventually generate negative long term returns. The profitability progress is the general direction of SDI Corp's change in net profit over the period of time. It can combine multiple indicators of SDI Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
SDI Corporation manufactures and sells semiconductor lead frames, LED lead frames, stationery and office products, and high precision dies in Taiwan. The company was founded in 1953 and is headquartered in Changhua, Taiwan. SDI CORP is traded on Taiwan Stock Exchange in Taiwan.
SDI Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SDI Corp. 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 SDI Corp 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 SDI Corp's important profitability drivers and their relationship over time.
Use SDI Corp 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 SDI Corp 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 SDI Corp will appreciate offsetting losses from the drop in the long position's value.SDI Corp Pair Trading
SDI Corp Pair Trading Analysis
The ability to find closely correlated positions to SDI Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SDI Corp 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 SDI Corp - 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 SDI Corp to buy it.
The correlation of SDI Corp 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 SDI Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SDI 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 SDI Corp 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 SDI Corp position
In addition to having SDI Corp 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?
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Cash Cows
Entities with stable and reliable earnings or profits, which allows them to pay consistent dividends to their shareholders. The Cash Cows theme has 25 constituents at this time.
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Additional Tools for SDI Stock Analysis
When running SDI Corp's price analysis, check to measure SDI Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SDI Corp is operating at the current time. Most of SDI Corp's value examination focuses on studying past and present price action to predict the probability of SDI Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SDI Corp's price. Additionally, you may evaluate how the addition of SDI Corp to your portfolios can decrease your overall portfolio volatility.