Homecast Coltd Stock Retained Earnings
| 064240 Stock | KRW 2,620 10.00 0.38% |
Homecast CoLtd fundamentals help investors to digest information that contributes to Homecast CoLtd's financial success or failures. It also enables traders to predict the movement of Homecast Stock. The fundamental analysis module provides a way to measure Homecast CoLtd'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 Homecast CoLtd stock.
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Homecast CoLtd Company Retained Earnings Analysis
Homecast CoLtd's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Homecast CoLtd Retained Earnings | 30.88 B |
Most of Homecast CoLtd's fundamental indicators, such as Retained Earnings, 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, Homecast CoLtd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
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Based on the latest financial disclosure, Homecast CoLtd has a Retained Earnings of 30.88 B. This is much higher than that of the Communications Equipment sector and significantly higher than that of the Information Technology industry. The retained earnings for all Republic of Korea stocks is notably lower than that of the firm.
Homecast Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Homecast CoLtd's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Homecast CoLtd could also be used in its relative valuation, which is a method of valuing Homecast CoLtd by comparing valuation metrics of similar companies.Homecast CoLtd is currently under evaluation in retained earnings category among its peers.
Homecast Fundamentals
| Return On Equity | 5.47 | |||
| Return On Asset | -0.0362 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | (0.15) % | |||
| Current Valuation | 140.38 B | |||
| Shares Outstanding | 31.93 M | |||
| Shares Owned By Insiders | 10.28 % | |||
| Shares Owned By Institutions | 3.01 % | |||
| Price To Earning | 23.89 X | |||
| Price To Sales | 3.45 X | |||
| Revenue | 17.07 B | |||
| Gross Profit | 11.25 B | |||
| EBITDA | (3.84 B) | |||
| Net Income | 2.15 B | |||
| Cash And Equivalents | 16.17 B | |||
| Cash Per Share | 178.04 X | |||
| Total Debt | 16.16 M | |||
| Debt To Equity | 0.07 % | |||
| Current Ratio | 4.51 X | |||
| Cash Flow From Operations | (28.4 B) | |||
| Number Of Employees | 48 | |||
| Beta | 1.15 | |||
| Market Capitalization | 138.6 B | |||
| Total Asset | 104.08 B | |||
| Retained Earnings | 30.88 B | |||
| Working Capital | 55.75 B | |||
| Current Asset | 80.73 B | |||
| Current Liabilities | 24.98 B | |||
| Net Asset | 104.08 B |
About Homecast CoLtd Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Homecast CoLtd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Homecast CoLtd using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Homecast CoLtd 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 Homecast CoLtd
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 Homecast CoLtd 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 Homecast CoLtd will appreciate offsetting losses from the drop in the long position's value.Moving together with Homecast Stock
The ability to find closely correlated positions to Homecast CoLtd could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Homecast CoLtd 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 Homecast CoLtd - 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 Homecast CoLtd to buy it.
The correlation of Homecast CoLtd 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 Homecast CoLtd moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Homecast CoLtd 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 Homecast CoLtd 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 Homecast Stock
Homecast CoLtd financial ratios help investors to determine whether Homecast 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 Homecast with respect to the benefits of owning Homecast CoLtd security.