Nexcom International Co Stock Debt To Equity
| 8234 Stock | TWD 52.60 0.70 1.35% |
NEXCOM International Co fundamentals help investors to digest information that contributes to NEXCOM International's financial success or failures. It also enables traders to predict the movement of NEXCOM Stock. The fundamental analysis module provides a way to measure NEXCOM International'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 NEXCOM International stock.
NEXCOM |
NEXCOM International Co Company Debt To Equity Analysis
NEXCOM International's 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.
Current NEXCOM International Debt To Equity | 105.50 % |
Most of NEXCOM International's fundamental indicators, such as Debt To Equity, 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, NEXCOM International Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
According to the company disclosure, NEXCOM International Co has a Debt To Equity of 105%. This is 78.69% higher than that of the Technology sector and 156.63% higher than that of the Computer Systems industry. The debt to equity for all Taiwan stocks is 116.63% lower than that of the firm.
NEXCOM Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NEXCOM International's 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 NEXCOM International could also be used in its relative valuation, which is a method of valuing NEXCOM International by comparing valuation metrics of similar companies.NEXCOM International is currently under evaluation in debt to equity category among its peers.
NEXCOM Fundamentals
| Return On Equity | 0.31 | |||
| Return On Asset | 0.0302 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 7.41 B | |||
| Shares Outstanding | 141.23 M | |||
| Shares Owned By Insiders | 40.02 % | |||
| Shares Owned By Institutions | 2.40 % | |||
| Price To Earning | 18.77 X | |||
| Price To Book | 1.47 X | |||
| Price To Sales | 0.60 X | |||
| Revenue | 6.78 B | |||
| Gross Profit | 1.56 B | |||
| EBITDA | 497.35 M | |||
| Net Income | 141.54 M | |||
| Cash And Equivalents | 735.93 M | |||
| Cash Per Share | 5.17 X | |||
| Total Debt | 477 K | |||
| Debt To Equity | 105.50 % | |||
| Current Ratio | 1.12 X | |||
| Book Value Per Share | 23.84 X | |||
| Cash Flow From Operations | (559.62 M) | |||
| Earnings Per Share | 6.55 X | |||
| Number Of Employees | 16 | |||
| Beta | 0.8 | |||
| Market Capitalization | 5 B | |||
| Total Asset | 7.98 B | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 3.88 % | |||
| Net Asset | 7.98 B | |||
| Last Dividend Paid | 1.0 |
About NEXCOM International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NEXCOM International Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NEXCOM International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NEXCOM International Co 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 NEXCOM International
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 NEXCOM International 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 NEXCOM International will appreciate offsetting losses from the drop in the long position's value.Moving together with NEXCOM Stock
Moving against NEXCOM Stock
| 0.84 | 2881B | Fubon Financial Holding | PairCorr |
| 0.83 | 910322 | Tingyi Holding Corp | PairCorr |
| 0.75 | 2882 | Cathay Financial Holding | PairCorr |
| 0.65 | 2357 | Asustek Computer | PairCorr |
| 0.65 | 2882B | Cathay Financial Holding | PairCorr |
The ability to find closely correlated positions to NEXCOM International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NEXCOM International 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 NEXCOM International - 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 NEXCOM International Co to buy it.
The correlation of NEXCOM International 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 NEXCOM International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NEXCOM International 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 NEXCOM International 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 NEXCOM Stock Analysis
When running NEXCOM International's price analysis, check to measure NEXCOM International's 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 NEXCOM International is operating at the current time. Most of NEXCOM International's value examination focuses on studying past and present price action to predict the probability of NEXCOM International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXCOM International's price. Additionally, you may evaluate how the addition of NEXCOM International to your portfolios can decrease your overall portfolio volatility.