Incar Financial Service Stock Fundamentals
| 211050 Stock | 6,160 100.00 1.60% |
Incar Financial Service fundamentals help investors to digest information that contributes to Incar Financial's financial success or failures. It also enables traders to predict the movement of Incar Stock. The fundamental analysis module provides a way to measure Incar Financial'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 Incar Financial stock.
Incar |
Incar Financial Service Company Total Debt Analysis
Incar Financial's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Incar Financial Total Debt | 3.57 B |
Most of Incar Financial's fundamental indicators, such as Total Debt, 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, Incar Financial Service is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Based on the latest financial disclosure, Incar Financial Service has a Total Debt of 3.57 B. This is much higher than that of the sector and significantly higher than that of the Insurance industry. The total debt for all Republic of Korea stocks is notably lower than that of the firm.
Incar Financial Service Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Incar Financial's current stock value. Our valuation model uses many indicators to compare Incar Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Incar Financial competition to find correlations between indicators driving Incar Financial's intrinsic value. More Info.Incar Financial Service is number one stock in shares owned by insiders category among its peers. It also is number one stock in shares owned by institutions category among its peers producing about 0.52 of Shares Owned By Institutions per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Shares Owned By Institutions for Incar Financial Service is roughly 1.92 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Incar Financial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Incar Financial's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. Incar Financial Service is the top company in total debt category among its peers. Total debt of Insurance industry is presently estimated at about 5.41 Billion. Incar Financial totals roughly 3.57 Billion in total debt claiming about 66% of equities under Insurance industry.Incar Fundamentals
| Shares Owned By Insiders | 50.56 % | |||
| Shares Owned By Institutions | 26.39 % | |||
| Net Income | 21.5 B | |||
| Cash And Equivalents | 4.59 B | |||
| Total Debt | 3.57 B | |||
| Cash Flow From Operations | (549.5 M) | |||
| Market Capitalization | 73.06 B | |||
| Total Asset | 214.91 B | |||
| Z Score | 12.0 | |||
| Net Asset | 214.91 B |
About Incar Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Incar Financial Service's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Incar Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Incar Financial Service 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 Incar Financial
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 Incar Financial 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 Incar Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Incar Stock
Moving against Incar Stock
| 0.52 | 005380 | Hyundai Motor | PairCorr |
| 0.51 | 005930 | Samsung Electronics | PairCorr |
| 0.48 | 005935 | Samsung Electronics | PairCorr |
The ability to find closely correlated positions to Incar Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Incar Financial 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 Incar Financial - 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 Incar Financial Service to buy it.
The correlation of Incar Financial 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 Incar Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Incar Financial Service 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 Incar Financial 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 Incar Stock
Incar Financial financial ratios help investors to determine whether Incar 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 Incar with respect to the benefits of owning Incar Financial security.