Showbox Corp Stock Current Liabilities

086980 Stock  KRW 4,355  35.00  0.81%   
Showbox Corp fundamentals help investors to digest information that contributes to Showbox Corp's financial success or failures. It also enables traders to predict the movement of Showbox Stock. The fundamental analysis module provides a way to measure Showbox Corp'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 Showbox Corp 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.

Showbox Corp Company Current Liabilities Analysis

Showbox Corp'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 Showbox Corp Current Liabilities

    
  67.9 B  
Most of Showbox Corp'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, Showbox Corp 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, Showbox Corp has a Current Liabilities of 67.9 B. This is much higher than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The current liabilities for all Republic of Korea stocks is notably lower than that of the firm.

Showbox Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Showbox Corp's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Showbox Corp could also be used in its relative valuation, which is a method of valuing Showbox Corp by comparing valuation metrics of similar companies.
Showbox Corp is currently under evaluation in current liabilities category among its peers.

Showbox Fundamentals

About Showbox Corp Fundamental Analysis

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

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

Moving against Showbox Stock

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

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