Booster Co Stock Debt To Equity

008470 Stock  KRW 4,065  5.00  0.12%   
Booster Co fundamentals help investors to digest information that contributes to Booster's financial success or failures. It also enables traders to predict the movement of Booster Stock. The fundamental analysis module provides a way to measure Booster'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 Booster 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.

Booster Co Company Debt To Equity Analysis

Booster's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

 = 

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current Booster Debt To Equity

    
  0.01 %  
Most of Booster's fundamental indicators, such as Debt To Equity, 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, Booster Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Competition

According to the company disclosure, Booster Co has a Debt To Equity of 0.008%. This is 99.99% lower than that of the Industrials sector and 99.98% lower than that of the Machinery industry. The debt to equity for all Republic of Korea stocks is 99.98% higher than that of the company.

Did you try this?

Run Premium Stories Now

   

Premium Stories

Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
All  Next Launch Module

Booster Fundamentals

About Booster Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Booster Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Booster using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Booster Co 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 Booster

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

Moving together with Booster Stock

  0.7297090 CS BEARING CoLtdPairCorr

Moving against Booster Stock

  0.58175330 Jb FinancialPairCorr
The ability to find closely correlated positions to Booster could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Booster 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 Booster - 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 Booster Co to buy it.
The correlation of Booster 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 Booster moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Booster 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 Booster 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 Booster Stock

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