Cashlez Worldwide Current Ratio vs. Return On Asset
| CASH Stock | IDR 72.00 1.00 1.37% |
For Cashlez Worldwide profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cashlez Worldwide to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cashlez Worldwide Indonesia utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cashlez Worldwide's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cashlez Worldwide Indonesia over time as well as its relative position and ranking within its peers.
Cashlez |
Cashlez Worldwide Return On Asset vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cashlez Worldwide's current stock value. Our valuation model uses many indicators to compare Cashlez Worldwide value to that of its competitors to determine the firm's financial worth. Cashlez Worldwide Indonesia is number one stock in current ratio category among its peers. It also is number one stock in return on asset category among its peers . 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 Cashlez Worldwide's earnings, one of the primary drivers of an investment's value.Cashlez Return On Asset vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Cashlez Worldwide |
| = | 1.76 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Cashlez Worldwide |
| = | -0.0695 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Cashlez Return On Asset Comparison
Cashlez Worldwide is currently under evaluation in return on asset category among its peers.
Cashlez Worldwide Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cashlez Worldwide, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cashlez Worldwide will eventually generate negative long term returns. The profitability progress is the general direction of Cashlez Worldwide's change in net profit over the period of time. It can combine multiple indicators of Cashlez Worldwide, 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.
PT Cashlez Worldwide Indonesia Tbk provides digital financial technology and payment services in Indonesia. PT Cashlez Worldwide Indonesia Tbk was founded in 2015 and is headquartered in Jakarta Barat, Indonesia. Cashlez Worldwide operates under SoftwareInfrastructure classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 171 people.
Cashlez Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cashlez Worldwide. 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 Cashlez Worldwide 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 Cashlez Worldwide's important profitability drivers and their relationship over time.
Use Cashlez Worldwide 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 Cashlez Worldwide 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 Cashlez Worldwide will appreciate offsetting losses from the drop in the long position's value.Cashlez Worldwide Pair Trading
Cashlez Worldwide Indonesia Pair Trading Analysis
The ability to find closely correlated positions to Cashlez Worldwide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cashlez Worldwide 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 Cashlez Worldwide - 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 Cashlez Worldwide Indonesia to buy it.
The correlation of Cashlez Worldwide 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 Cashlez Worldwide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cashlez Worldwide 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 Cashlez Worldwide 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 Cashlez Worldwide position
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Other Information on Investing in Cashlez Stock
To fully project Cashlez Worldwide's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cashlez Worldwide 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 Cashlez Worldwide's income statement, its balance sheet, and the statement of cash flows.