Singtex Industrial Net Income vs. Cash And Equivalents
| 4433 Stock | TWD 27.60 0.10 0.36% |
For Singtex Industrial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Singtex Industrial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Singtex Industrial Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Singtex Industrial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Singtex Industrial Co over time as well as its relative position and ranking within its peers.
Singtex |
Singtex Industrial Cash And Equivalents vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Singtex Industrial's current stock value. Our valuation model uses many indicators to compare Singtex Industrial value to that of its competitors to determine the firm's financial worth. Singtex Industrial Co is number one stock in net income category among its peers. It also is number one stock in cash and equivalents category among its peers creating about 6.75 of Cash And Equivalents per Net Income. 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 Singtex Industrial's earnings, one of the primary drivers of an investment's value.Singtex Cash And Equivalents vs. Net Income
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.
Singtex Industrial |
| = | 56.78 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.
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.
Singtex Industrial |
| = | 383.36 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).
Singtex Cash And Equivalents Comparison
Singtex Industrial is currently under evaluation in cash and equivalents category among its peers.
Singtex Industrial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Singtex Industrial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Singtex Industrial will eventually generate negative long term returns. The profitability progress is the general direction of Singtex Industrial's change in net profit over the period of time. It can combine multiple indicators of Singtex Industrial, 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.
Singtex Industrial Co., Ltd. engages in the research and development of textile products and technology primarily in Taiwan. Singtex Industrial Co., Ltd. was founded in 1989 is based in New Taipei City, Taiwan. SINGTEX INDUSTRIAL operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan OTC Exchange.
Singtex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Singtex Industrial. 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 Singtex Industrial 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 Singtex Industrial's important profitability drivers and their relationship over time.
Use Singtex Industrial 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 Singtex Industrial 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 Singtex Industrial will appreciate offsetting losses from the drop in the long position's value.Singtex Industrial Pair Trading
Singtex Industrial Co Pair Trading Analysis
The ability to find closely correlated positions to Singtex Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Singtex Industrial 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 Singtex Industrial - 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 Singtex Industrial Co to buy it.
The correlation of Singtex Industrial 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 Singtex Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Singtex Industrial 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 Singtex Industrial 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 Singtex Industrial position
In addition to having Singtex Industrial 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 Consumption Thematic Idea Now
Consumption
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 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 Consumption Theme or any other thematic opportunities.
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Additional Tools for Singtex Stock Analysis
When running Singtex Industrial's price analysis, check to measure Singtex Industrial'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 Singtex Industrial is operating at the current time. Most of Singtex Industrial's value examination focuses on studying past and present price action to predict the probability of Singtex Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Singtex Industrial's price. Additionally, you may evaluate how the addition of Singtex Industrial to your portfolios can decrease your overall portfolio volatility.