Wattanapat Hospital Return On Asset vs. Total Debt
| WPH Stock | THB 9.10 0.05 0.55% |
For Wattanapat Hospital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wattanapat Hospital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wattanapat Hospital Trang utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wattanapat Hospital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wattanapat Hospital Trang over time as well as its relative position and ranking within its peers.
Wattanapat |
Wattanapat Hospital Trang Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wattanapat Hospital's current stock value. Our valuation model uses many indicators to compare Wattanapat Hospital value to that of its competitors to determine the firm's financial worth. Wattanapat Hospital Trang is rated first in return on asset category among its peers. It is rated first in total debt category among its peers making up about 4,124,422,881 of Total Debt per Return On Asset. 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 Wattanapat Hospital's earnings, one of the primary drivers of an investment's value.Wattanapat Total Debt vs. Return On Asset
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.
Wattanapat Hospital |
| = | 0.14 |
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.
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.
Wattanapat Hospital |
| = | 584.02 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.
Wattanapat Total Debt vs Competition
Wattanapat Hospital Trang is rated first in total debt category among its peers. Total debt of Medical Care industry is at this time estimated at about 4.87 Billion. Wattanapat Hospital retains roughly 584.02 Million in total debt claiming about 12% of all equities under Medical Care industry.
Wattanapat Hospital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wattanapat Hospital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wattanapat Hospital will eventually generate negative long term returns. The profitability progress is the general direction of Wattanapat Hospital's change in net profit over the period of time. It can combine multiple indicators of Wattanapat Hospital, 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.
Wattanapat Hospital Trang Public Company Limited owns and operates hospitals and clinics in Thailand. Wattanapat Hospital Trang Public Company Limited was founded in 1957 and is headquartered in Trang, Thailand. WATTANAPAT HOSPITAL operates under Medical Care classification in Thailand and is traded on Stock Exchange of Thailand.
Wattanapat Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wattanapat Hospital. 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 Wattanapat Hospital 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 Wattanapat Hospital's important profitability drivers and their relationship over time.
Use Wattanapat Hospital 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 Wattanapat Hospital 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 Wattanapat Hospital will appreciate offsetting losses from the drop in the long position's value.Wattanapat Hospital Pair Trading
Wattanapat Hospital Trang Pair Trading Analysis
The ability to find closely correlated positions to Wattanapat Hospital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wattanapat Hospital 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 Wattanapat Hospital - 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 Wattanapat Hospital Trang to buy it.
The correlation of Wattanapat Hospital 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 Wattanapat Hospital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wattanapat Hospital Trang 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 Wattanapat Hospital 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 Wattanapat Hospital position
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Other Information on Investing in Wattanapat Stock
To fully project Wattanapat Hospital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wattanapat Hospital Trang 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 Wattanapat Hospital's income statement, its balance sheet, and the statement of cash flows.