Cayman Tung Total Debt vs. Cash Per Share
| 2924 Stock | TWD 33.30 1.15 3.34% |
For Cayman Tung profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cayman Tung to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cayman Tung Ling utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cayman Tung's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cayman Tung Ling over time as well as its relative position and ranking within its peers.
Cayman |
Cayman Tung Ling Cash Per Share vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cayman Tung's current stock value. Our valuation model uses many indicators to compare Cayman Tung value to that of its competitors to determine the firm's financial worth. Cayman Tung Ling is the top company in total debt category among its peers. It also is number one stock in cash per share category among its peers . The ratio of Total Debt to Cash Per Share for Cayman Tung Ling is about 42,952,790 . 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 Cayman Tung's earnings, one of the primary drivers of an investment's value.Cayman Total Debt vs. Competition
Cayman Tung Ling is the top company in total debt category among its peers. Total debt of Apparel Stores industry is presently estimated at about 4.81 Billion. Cayman Tung holds roughly 200.16 Million in total debt claiming about 4% of stocks in Apparel Stores industry.
Cayman Cash Per Share 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.
Cayman Tung |
| = | 200.16 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Cayman Tung |
| = | 4.66 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Cayman Cash Per Share Comparison
Cayman Tung is currently under evaluation in cash per share category among its peers.
Cayman Tung Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cayman Tung, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cayman Tung will eventually generate negative long term returns. The profitability progress is the general direction of Cayman Tung's change in net profit over the period of time. It can combine multiple indicators of Cayman Tung, 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.
Cayman Tung Ling Co., Limited researches, develops, manufactures, and sells baby apparel products in Taiwan and internationally. Cayman Tung Ling Co., Limited was founded in 1988 and is headquartered in Taipei, Taiwan. CAYMAN TUNG operates under Apparel Stores classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 560 people.
Cayman Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cayman Tung. 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 Cayman Tung 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 Cayman Tung's important profitability drivers and their relationship over time.
Use Cayman Tung 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 Cayman Tung 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 Cayman Tung will appreciate offsetting losses from the drop in the long position's value.Cayman Tung Pair Trading
Cayman Tung Ling Pair Trading Analysis
The ability to find closely correlated positions to Cayman Tung could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cayman Tung 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 Cayman Tung - 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 Cayman Tung Ling to buy it.
The correlation of Cayman Tung 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 Cayman Tung moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cayman Tung Ling 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 Cayman Tung 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 Cayman Tung position
In addition to having Cayman Tung 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 Recreation Thematic Idea Now
Recreation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Recreation theme has 34 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 Recreation Theme or any other thematic opportunities.
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Additional Tools for Cayman Stock Analysis
When running Cayman Tung's price analysis, check to measure Cayman Tung'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 Cayman Tung is operating at the current time. Most of Cayman Tung's value examination focuses on studying past and present price action to predict the probability of Cayman Tung's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cayman Tung's price. Additionally, you may evaluate how the addition of Cayman Tung to your portfolios can decrease your overall portfolio volatility.