DENSO CORP Debt To Equity vs. Book Value Per Share
| DNOA Stock | EUR 13.20 0.10 0.76% |
For DENSO CORP profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DENSO CORP to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DENSO P ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DENSO CORP's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DENSO P ADR over time as well as its relative position and ranking within its peers.
DENSO |
DENSO P ADR Book Value Per Share vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DENSO CORP's current stock value. Our valuation model uses many indicators to compare DENSO CORP value to that of its competitors to determine the firm's financial worth. DENSO P ADR is rated below average in debt to equity category among its peers. It is rated below average in book value per share category among its peers creating about 13,576 of Book Value Per Share per Debt To Equity. 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 DENSO CORP's earnings, one of the primary drivers of an investment's value.DENSO Book Value Per Share vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
DENSO CORP |
| = | 0.21 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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.
DENSO CORP |
| = | 2,837 X |
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.
DENSO Book Value Per Share Comparison
DENSO P is rated below average in book value per share category among its peers.
DENSO CORP Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in DENSO CORP, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DENSO CORP will eventually generate negative long term returns. The profitability progress is the general direction of DENSO CORP's change in net profit over the period of time. It can combine multiple indicators of DENSO CORP, 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.
DENSO Corporation manufactures and sells automotive components in Japan. DENSO Corporation was founded in 1949 and is based in Kariya, Japan. DENSO CORP is traded on Frankfurt Stock Exchange in Germany.
DENSO Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DENSO CORP. 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 DENSO CORP 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 DENSO CORP's important profitability drivers and their relationship over time.
Use DENSO CORP 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 DENSO CORP 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 DENSO CORP will appreciate offsetting losses from the drop in the long position's value.DENSO CORP Pair Trading
DENSO P ADR Pair Trading Analysis
The ability to find closely correlated positions to DENSO CORP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DENSO CORP 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 DENSO CORP - 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 DENSO P ADR to buy it.
The correlation of DENSO CORP 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 DENSO CORP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DENSO P ADR 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 DENSO CORP 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 DENSO CORP position
In addition to having DENSO CORP 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 Shipbuilding Railroad Equipment Thematic Idea Now
Shipbuilding Railroad Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 16 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 Shipbuilding Railroad Equipment Theme or any other thematic opportunities.
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Other Information on Investing in DENSO Stock
To fully project DENSO CORP's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of DENSO P ADR 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 DENSO CORP's income statement, its balance sheet, and the statement of cash flows.