Integer Holdings Corp IFCCN Bond
| ITGR Stock | USD 140.80 2.02 1.46% |
Integer Holdings Corp holds a debt-to-equity ratio of 0.749. . Integer Holdings' financial risk is the risk to Integer Holdings stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Integer Holdings' liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Integer Holdings' cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Integer Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Integer Holdings' stakeholders.
For most companies, including Integer Holdings, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Integer Holdings Corp, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Integer Holdings' management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Integer |
Given the importance of Integer Holdings' capital structure, the first step in the capital decision process is for the management of Integer Holdings to decide how much external capital it will need to raise to operate in a sustainable way. Once the amount of financing is determined, management needs to examine the financial markets to determine the terms in which the company can boost capital. This move is crucial to the process because the market environment may reduce the ability of Integer Holdings Corp to issue bonds at a reasonable cost.
| Popular Name | Integer Holdings IFCCN 5459 22 SEP 32 |
| Specialization | Medical Devices |
| Equity ISIN Code | US45826H1095 |
| Bond Issue ISIN Code | US45823TAL08 |
| S&P Rating | Others |
| Maturity Date | Others |
| Issuance Date | Others |
Integer Holdings Corp Outstanding Bond Obligations
| HSBC Holdings PLC | US404280DR76 | Details | |
| US45824TBC80 | US45824TBC80 | Details | |
| MPLX LP 52 | US55336VAL45 | Details | |
| IFCCN 5459 22 SEP 32 | US45823TAL08 | Details | |
| Morgan Stanley 3591 | US61744YAK47 | Details | |
| INTELLIGENT PACKAGING LTD | US45827MAA53 | Details |
Understaning Integer Holdings Use of Financial Leverage
Integer Holdings' financial leverage ratio measures its total debt position, including all of its outstanding liabilities, and compares it to Integer Holdings' current equity. If creditors own a majority of Integer Holdings' assets, the company is considered highly leveraged. Understanding the composition and structure of Integer Holdings' outstanding bonds gives an idea of how risky it is and if it is worth investing in.
Integer Holdings Corporation operates as a medical device outsource manufacturer in the United States, Puerto Rico, Costa Rica, and internationally. Integer Holdings Corporation was founded in 1970 and is headquartered in Plano, Texas. Integer Holdings operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 9000 people. Please read more on our technical analysis page.
Pair Trading with Integer Holdings
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 Integer Holdings 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 Integer Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Integer Stock
Moving against Integer Stock
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| 0.63 | VIVE | Viveve Medical | PairCorr |
The ability to find closely correlated positions to Integer Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Integer Holdings 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 Integer Holdings - 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 Integer Holdings Corp to buy it.
The correlation of Integer Holdings 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 Integer Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Integer Holdings 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 Integer Holdings 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.Additional Tools for Integer Stock Analysis
When running Integer Holdings' price analysis, check to measure Integer Holdings' 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 Integer Holdings is operating at the current time. Most of Integer Holdings' value examination focuses on studying past and present price action to predict the probability of Integer Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Integer Holdings' price. Additionally, you may evaluate how the addition of Integer Holdings to your portfolios can decrease your overall portfolio volatility.
What is Financial Leverage?
Financial leverage is the use of borrowed money (debt) to finance the purchase of assets with the expectation that the income or capital gain from the new asset will exceed the cost of borrowing. In most cases, the debt provider will limit how much risk it is ready to take and indicate a limit on the extent of the leverage it will allow. In the case of asset-backed lending, the financial provider uses the assets as collateral until the borrower repays the loan. In the case of a cash flow loan, the general creditworthiness of the company is used to back the loan. The concept of leverage is common in the business world. It is mostly used to boost the returns on equity capital of a company, especially when the business is unable to increase its operating efficiency and returns on total investment. Because earnings on borrowing are higher than the interest payable on debt, the company's total earnings will increase, ultimately boosting stockholders' profits.Leverage and Capital Costs
The debt to equity ratio plays a role in the working average cost of capital (WACC). The overall interest on debt represents the break-even point that must be obtained to profitability in a given venture. Thus, WACC is essentially the average interest an organization owes on the capital it has borrowed for leverage. Let's say equity represents 60% of borrowed capital, and debt is 40%. This results in a financial leverage calculation of 40/60, or 0.6667. The organization owes 10% on all equity and 5% on all debt. That means that the weighted average cost of capital is (.4)(5) + (.6)(10) - or 8%. For every $10,000 borrowed, this organization will owe $800 in interest. Profit must be higher than 8% on the project to offset the cost of interest and justify this leverage.Benefits of Financial Leverage
Leverage provides the following benefits for companies:- Leverage is an essential tool a company's management can use to make the best financing and investment decisions.
- It provides a variety of financing sources by which the firm can achieve its target earnings.
- Leverage is also an essential technique in investing as it helps companies set a threshold for the expansion of business operations. For example, it can be used to recommend restrictions on business expansion once the projected return on additional investment is lower than the cost of debt.