Golden Friends Stock Total Debt
| 4506 Stock | TWD 102.50 0.50 0.49% |
Golden Friends fundamentals help investors to digest information that contributes to Golden Friends' financial success or failures. It also enables traders to predict the movement of Golden Stock. The fundamental analysis module provides a way to measure Golden Friends' 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 Golden Friends stock.
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Golden Friends Company Total Debt Analysis
Golden Friends' 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.
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.
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Based on the latest financial disclosure, Golden Friends has a Total Debt of 0.0. This is 100.0% lower than that of the Industrials sector and about the same as Specialty Industrial Machinery (which currently averages 0.0) industry. The total debt for all Taiwan stocks is 100.0% higher than that of the company.
Golden Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Golden Friends' direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Golden Friends could also be used in its relative valuation, which is a method of valuing Golden Friends by comparing valuation metrics of similar companies.Golden Friends is currently under evaluation in total debt category among its peers.
Golden Fundamentals
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0682 | |||
| Profit Margin | 0.18 % | |||
| Operating Margin | 0.19 % | |||
| Current Valuation | 9.75 B | |||
| Shares Outstanding | 177.01 M | |||
| Shares Owned By Insiders | 70.59 % | |||
| Shares Owned By Institutions | 3.07 % | |||
| Price To Book | 2.54 X | |||
| Price To Sales | 2.60 X | |||
| Revenue | 4.61 B | |||
| Gross Profit | 1.42 B | |||
| EBITDA | 1.04 B | |||
| Net Income | 777.92 M | |||
| Book Value Per Share | 27.22 X | |||
| Cash Flow From Operations | 1.02 B | |||
| Earnings Per Share | 4.98 X | |||
| Target Price | 75.0 | |||
| Number Of Employees | 16 | |||
| Beta | 0.14 | |||
| Market Capitalization | 12.89 B | |||
| Total Asset | 8.41 B | |||
| Annual Yield | 0.04 % | |||
| Net Asset | 8.41 B | |||
| Last Dividend Paid | 3.2 |
About Golden Friends Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Golden Friends's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Friends using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Friends 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 Golden Friends
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 Golden Friends 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 Golden Friends will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Golden Friends could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Friends 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 Golden Friends - 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 Golden Friends to buy it.
The correlation of Golden Friends 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 Golden Friends moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Friends 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 Golden Friends 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.Additional Tools for Golden Stock Analysis
When running Golden Friends' price analysis, check to measure Golden Friends' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golden Friends is operating at the current time. Most of Golden Friends' value examination focuses on studying past and present price action to predict the probability of Golden Friends' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Friends' price. Additionally, you may evaluate how the addition of Golden Friends to your portfolios can decrease your overall portfolio volatility.