GOME Retail Book Value Per Share vs. Total Debt
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For GOME Retail profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GOME Retail to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GOME Retail Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GOME Retail's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GOME Retail Holdings over time as well as its relative position and ranking within its peers.
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GOME Retail Holdings Total Debt vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GOME Retail's current stock value. Our valuation model uses many indicators to compare GOME Retail value to that of its competitors to determine the firm's financial worth. GOME Retail Holdings is number one stock in book value per share category among its peers. It also is the top company in total debt category among its peers making up about 10,031,457,516 of Total Debt per Book Value Per Share. 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 GOME Retail's earnings, one of the primary drivers of an investment's value.GOME Total Debt vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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.
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| = | 6.14 B |
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.
GOME Total Debt vs Competition
GOME Retail Holdings is the top company in total debt category among its peers. Total debt of Specialty Retail industry is currently estimated at about 18.29 Billion. GOME Retail totals roughly 6.14 Billion in total debt claiming about 34% of equities listed under Specialty Retail industry.
GOME Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GOME Retail. 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 GOME Retail 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 GOME Retail's important profitability drivers and their relationship over time.
Use GOME Retail 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 GOME Retail 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 GOME Retail will appreciate offsetting losses from the drop in the long position's value.GOME Retail Pair Trading
GOME Retail Holdings Pair Trading Analysis
The ability to find closely correlated positions to GOME Retail could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GOME Retail 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 GOME Retail - 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 GOME Retail Holdings to buy it.
The correlation of GOME Retail 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 GOME Retail moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GOME Retail Holdings 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 GOME Retail 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 GOME Retail position
In addition to having GOME Retail 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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Additional Tools for GOME Stock Analysis
When running GOME Retail's price analysis, check to measure GOME Retail'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 GOME Retail is operating at the current time. Most of GOME Retail's value examination focuses on studying past and present price action to predict the probability of GOME Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GOME Retail's price. Additionally, you may evaluate how the addition of GOME Retail to your portfolios can decrease your overall portfolio volatility.