TERADYNE Current Valuation vs. Total Debt
| TEY Stock | EUR 119.54 1.04 0.88% |
For TERADYNE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TERADYNE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TERADYNE utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TERADYNE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TERADYNE over time as well as its relative position and ranking within its peers.
TERADYNE |
TERADYNE Total Debt vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TERADYNE's current stock value. Our valuation model uses many indicators to compare TERADYNE value to that of its competitors to determine the firm's financial worth. TERADYNE is rated second in current valuation category among its peers. It is rated fourth in total debt category among its peers making up about 0.01 of Total Debt per Current Valuation. The ratio of Current Valuation to Total Debt for TERADYNE is roughly 149.07 . 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 TERADYNE's earnings, one of the primary drivers of an investment's value.TERADYNE Current Valuation vs. Competition
TERADYNE is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other industry is at this time estimated at about 62.81 Billion. TERADYNE totals roughly 13.3 Billion in current valuation claiming about 21% of all equities under Other industry.
TERADYNE Total Debt vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
TERADYNE |
| = | 13.3 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
TERADYNE |
| = | 89.24 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.
TERADYNE Total Debt vs Competition
TERADYNE is rated fourth in total debt category among its peers. Total debt of Other industry is at this time estimated at about 3.11 Trillion. TERADYNE adds roughly 89.24 Million in total debt claiming only tiny portion of all equities under Other industry.
TERADYNE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TERADYNE. 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 TERADYNE 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 TERADYNE's important profitability drivers and their relationship over time.
Use TERADYNE 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 TERADYNE 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 TERADYNE will appreciate offsetting losses from the drop in the long position's value.TERADYNE Pair Trading
TERADYNE Pair Trading Analysis
The ability to find closely correlated positions to TERADYNE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TERADYNE 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 TERADYNE - 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 TERADYNE to buy it.
The correlation of TERADYNE 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 TERADYNE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TERADYNE 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 TERADYNE 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 TERADYNE position
In addition to having TERADYNE 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 Investment Grade ETFs Thematic Idea Now
Investment Grade ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Investment Grade ETFs theme has 263 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 Investment Grade ETFs Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in TERADYNE Stock
When determining whether TERADYNE is a strong investment it is important to analyze TERADYNE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TERADYNE's future performance. For an informed investment choice regarding TERADYNE Stock, refer to the following important reports:Check out World Market Map. For information on how to trade TERADYNE Stock refer to our How to Trade TERADYNE Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
To fully project TERADYNE's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TERADYNE 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 TERADYNE's income statement, its balance sheet, and the statement of cash flows.