Korea Aerospace Industries Stock Working Capital
| 047810 Stock | 58,400 1,800 2.99% |
Korea Aerospace Industries fundamentals help investors to digest information that contributes to Korea Aerospace's financial success or failures. It also enables traders to predict the movement of Korea Stock. The fundamental analysis module provides a way to measure Korea Aerospace'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 Korea Aerospace stock.
Korea |
Korea Aerospace Industries Company Working Capital Analysis
Korea Aerospace's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
In accordance with the company's disclosures, Korea Aerospace Industries has a Working Capital of 0.0. This indicator is about the same for the Aerospace & Defense average (which is currently at 0.0) sector and about the same as Industrials (which currently averages 0.0) industry. This indicator is about the same for all Republic of Korea stocks average (which is currently at 0.0).
Korea Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Korea Aerospace's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Korea Aerospace could also be used in its relative valuation, which is a method of valuing Korea Aerospace by comparing valuation metrics of similar companies.Korea Aerospace is currently under evaluation in working capital category among its peers.
Korea Fundamentals
| Return On Equity | 0.0884 | |||
| Return On Asset | 0.0098 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 5.21 T | |||
| Shares Outstanding | 97.48 M | |||
| Shares Owned By Insiders | 1.54 % | |||
| Shares Owned By Institutions | 51.28 % | |||
| Price To Book | 3.36 X | |||
| Price To Sales | 1.71 X | |||
| Revenue | 2.56 T | |||
| Gross Profit | 263.26 B | |||
| EBITDA | 226.54 B | |||
| Net Income | 63.9 B | |||
| Total Debt | 1.1 T | |||
| Cash Flow From Operations | 439.96 B | |||
| Earnings Per Share | 320.89 X | |||
| Target Price | 69667.0 | |||
| Number Of Employees | 36 | |||
| Beta | 0.66 | |||
| Market Capitalization | 4.78 T | |||
| Total Asset | 5.86 T | |||
| Z Score | 2.4 | |||
| Annual Yield | 0 % | |||
| Net Asset | 5.86 T | |||
| Last Dividend Paid | 200.0 |
About Korea Aerospace Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Korea Aerospace Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Korea Aerospace using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Korea Aerospace Industries 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 Korea Aerospace
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 Korea Aerospace 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 Korea Aerospace will appreciate offsetting losses from the drop in the long position's value.Moving against Korea Stock
| 0.76 | 005380 | Hyundai Motor | PairCorr |
| 0.61 | 005930 | Samsung Electronics | PairCorr |
| 0.6 | 005935 | Samsung Electronics | PairCorr |
The ability to find closely correlated positions to Korea Aerospace could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korea Aerospace 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 Korea Aerospace - 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 Korea Aerospace Industries to buy it.
The correlation of Korea Aerospace 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 Korea Aerospace moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Korea Aerospace Indu 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 Korea Aerospace 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 Korea Stock
Korea Aerospace financial ratios help investors to determine whether Korea 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 Korea with respect to the benefits of owning Korea Aerospace security.