Mechema Chemicals Int Stock Debt To Equity
| 4721 Stock | TWD 72.10 1.90 2.71% |
Mechema Chemicals Int fundamentals help investors to digest information that contributes to Mechema Chemicals' financial success or failures. It also enables traders to predict the movement of Mechema Stock. The fundamental analysis module provides a way to measure Mechema Chemicals' 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 Mechema Chemicals stock.
Mechema |
Mechema Chemicals Int Company Debt To Equity Analysis
Mechema Chemicals' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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According to the company disclosure, Mechema Chemicals Int has a Debt To Equity of 0.0%. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Specialty Chemicals industry. The debt to equity for all Taiwan stocks is 100.0% higher than that of the company.
Mechema Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mechema Chemicals' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mechema Chemicals could also be used in its relative valuation, which is a method of valuing Mechema Chemicals by comparing valuation metrics of similar companies.Mechema Chemicals is currently under evaluation in debt to equity category among its peers.
Mechema Fundamentals
| Return On Equity | 0.37 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 9.55 B | |||
| Shares Outstanding | 74.99 M | |||
| Shares Owned By Insiders | 30.10 % | |||
| Shares Owned By Institutions | 0.87 % | |||
| Price To Book | 5.09 X | |||
| Price To Sales | 1.37 X | |||
| Revenue | 4.13 B | |||
| Gross Profit | 551.41 M | |||
| EBITDA | 490.24 M | |||
| Net Income | 360.63 M | |||
| Book Value Per Share | 20.35 X | |||
| Cash Flow From Operations | (316.12 M) | |||
| Earnings Per Share | 6.86 X | |||
| Number Of Employees | 18 | |||
| Beta | 1.5 | |||
| Market Capitalization | 8.17 B | |||
| Total Asset | 2.44 B | |||
| Z Score | 1.0 | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 2.44 B | |||
| Last Dividend Paid | 3.8 |
About Mechema Chemicals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mechema Chemicals Int's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mechema Chemicals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mechema Chemicals Int 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 Mechema Chemicals
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 Mechema Chemicals 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 Mechema Chemicals will appreciate offsetting losses from the drop in the long position's value.Moving together with Mechema Stock
Moving against Mechema Stock
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| 0.57 | 2881B | Fubon Financial Holding | PairCorr |
| 0.56 | 2891 | CTBC Financial Holding | PairCorr |
The ability to find closely correlated positions to Mechema Chemicals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mechema Chemicals 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 Mechema Chemicals - 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 Mechema Chemicals Int to buy it.
The correlation of Mechema Chemicals 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 Mechema Chemicals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mechema Chemicals Int 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 Mechema Chemicals 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 Mechema Stock Analysis
When running Mechema Chemicals' price analysis, check to measure Mechema Chemicals' 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 Mechema Chemicals is operating at the current time. Most of Mechema Chemicals' value examination focuses on studying past and present price action to predict the probability of Mechema Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mechema Chemicals' price. Additionally, you may evaluate how the addition of Mechema Chemicals to your portfolios can decrease your overall portfolio volatility.