Narae Financial Statements From 2010 to 2024
| 137080 Stock | 3,330 65.00 1.99% |
Check Narae Nanotech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Narae Nanotech's main balance sheet or income statement drivers, such as , as well as many indicators such as . Narae financial statements analysis is a perfect complement when working with Narae Nanotech Valuation or Volatility modules.
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Narae Nanotech Corp Company Total Debt Analysis
Narae Nanotech's 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.
Current Narae Nanotech Total Debt | 3.41 B |
Most of Narae Nanotech's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Narae Nanotech Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Narae Nanotech Corp has a Total Debt of 3.41 B. This is much higher than that of the sector and significantly higher than that of the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The total debt for all Republic of Korea stocks is notably lower than that of the firm.
Narae Nanotech Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Narae Nanotech's current stock value. Our valuation model uses many indicators to compare Narae Nanotech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Narae Nanotech competition to find correlations between indicators driving Narae Nanotech's intrinsic value. More Info.Narae Nanotech Corp is number one stock in return on equity category among its peers. It also is the top company in revenue category among its peers totaling about 19,210,083,157 of Revenue per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Narae Nanotech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Narae Nanotech's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Narae Nanotech Financial Statements
Narae Nanotech stakeholders use historical fundamental indicators, such as Narae Nanotech's revenue or net income, to determine how well the company is positioned to perform in the future. Although Narae Nanotech investors may analyze each financial statement separately, they are all interrelated. For example, changes in Narae Nanotech's assets and liabilities are reflected in the revenues and expenses on Narae Nanotech's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Narae Nanotech Corp. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Narae Nanotech
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 Narae Nanotech 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 Narae Nanotech will appreciate offsetting losses from the drop in the long position's value.Moving together with Narae Stock
Moving against Narae Stock
The ability to find closely correlated positions to Narae Nanotech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Narae Nanotech 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 Narae Nanotech - 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 Narae Nanotech Corp to buy it.
The correlation of Narae Nanotech 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 Narae Nanotech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Narae Nanotech Corp 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 Narae Nanotech 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.Other Information on Investing in Narae Stock
Narae Nanotech financial ratios help investors to determine whether Narae Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Narae with respect to the benefits of owning Narae Nanotech security.