Youngsin Metal Industrial Stock Current Liabilities

007530 Stock  KRW 2,015  15.00  0.74%   
Youngsin Metal Industrial fundamentals help investors to digest information that contributes to Youngsin Metal's financial success or failures. It also enables traders to predict the movement of Youngsin Stock. The fundamental analysis module provides a way to measure Youngsin Metal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Youngsin Metal stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Youngsin Metal Industrial Company Current Liabilities Analysis

Youngsin Metal's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Current Youngsin Metal Current Liabilities

    
  50.29 B  
Most of Youngsin Metal's fundamental indicators, such as Current Liabilities, 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, Youngsin Metal Industrial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

In accordance with the recently published financial statements, Youngsin Metal Industrial has a Current Liabilities of 50.29 B. This is much higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The current liabilities for all Republic of Korea stocks is significantly lower than that of the firm.

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Youngsin Fundamentals

About Youngsin Metal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Youngsin Metal Industrial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Youngsin Metal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Youngsin Metal Industrial based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Youngsin Metal

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 Youngsin Metal 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 Youngsin Metal will appreciate offsetting losses from the drop in the long position's value.

Moving together with Youngsin Stock

  0.81222800 SIMMTECHPairCorr
The ability to find closely correlated positions to Youngsin Metal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Youngsin Metal 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 Youngsin Metal - 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 Youngsin Metal Industrial to buy it.
The correlation of Youngsin Metal 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 Youngsin Metal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Youngsin Metal Industrial 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 Youngsin Metal 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Youngsin Stock

Youngsin Metal financial ratios help investors to determine whether Youngsin 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 Youngsin with respect to the benefits of owning Youngsin Metal security.