Chison Medical Working Capital vs. Total Debt
| 688358 Stock | 28.29 0.05 0.18% |
For Chison Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chison Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chison Medical Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chison Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chison Medical Technologies over time as well as its relative position and ranking within its peers.
Chison |
Chison Medical Techn Total Debt vs. Working Capital Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chison Medical's current stock value. Our valuation model uses many indicators to compare Chison Medical value to that of its competitors to determine the firm's financial worth. Chison Medical Technologies is number one stock in working capital category among its peers. It also is the top company in total debt category among its peers . The ratio of Working Capital to Total Debt for Chison Medical Technologies is about 299.04 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Chison Medical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Chison Medical'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.Chison Total Debt vs. Working Capital
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Chison Medical |
| = | 1.2 B |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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.
Chison Medical |
| = | 4.02 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.
Chison Total Debt vs Competition
Chison Medical Technologies is the top company in total debt category among its peers. Total debt of Health Care industry is presently estimated at about 3.46 Billion. Chison Medical adds roughly 4.02 Million in total debt claiming only tiny portion of equities under Health Care industry.
Chison Medical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chison Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chison Medical will eventually generate negative long term returns. The profitability progress is the general direction of Chison Medical's change in net profit over the period of time. It can combine multiple indicators of Chison Medical, 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.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | 18.2 M | 19.2 M | |
| Operating Income | 131 M | 97.4 M | |
| Net Income From Continuing Ops | 146.5 M | 104.4 M | |
| Income Before Tax | 162.2 M | 116.3 M | |
| Net Income | 146.5 M | 104.4 M | |
| Interest Income | 19 M | 19.9 M |
Chison Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chison Medical. 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 Chison Medical 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 Chison Medical's important profitability drivers and their relationship over time.
Use Chison Medical 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 Chison Medical 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 Chison Medical will appreciate offsetting losses from the drop in the long position's value.Chison Medical Pair Trading
Chison Medical Technologies Pair Trading Analysis
The ability to find closely correlated positions to Chison Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chison Medical 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 Chison Medical - 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 Chison Medical Technologies to buy it.
The correlation of Chison Medical 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 Chison Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chison Medical Techn 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 Chison Medical 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 Chison Medical position
In addition to having Chison Medical 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 Investor Favorites Thematic Idea Now
Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 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 Investor Favorites Theme or any other thematic opportunities.
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Other Information on Investing in Chison Stock
To fully project Chison Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Chison Medical Techn 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 Chison Medical's income statement, its balance sheet, and the statement of cash flows.