Wing Yip Food Stock Total Debt
| 900340 Stock | 2,110 235.00 10.02% |
Wing Yip Food fundamentals help investors to digest information that contributes to Wing Yip's financial success or failures. It also enables traders to predict the movement of Wing Stock. The fundamental analysis module provides a way to measure Wing Yip'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 Wing Yip stock.
Wing |
Wing Yip Food Company Total Debt Analysis
Wing Yip'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 Wing Yip Total Debt | 15.1 M |
Most of Wing Yip'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, Wing Yip Food 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, Wing Yip Food has a Total Debt of 15.1 M. This is much higher than that of the Consumer Staples sector and significantly higher than that of the Food Products industry. The total debt for all Republic of Korea stocks is notably lower than that of the firm.
Wing Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wing Yip's 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 Wing Yip could also be used in its relative valuation, which is a method of valuing Wing Yip by comparing valuation metrics of similar companies.Wing Yip is currently under evaluation in total debt category among its peers.
Wing Fundamentals
| Return On Equity | 9.2 | |||
| Return On Asset | 0.0839 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | (6.57 B) | |||
| Shares Outstanding | 40.41 M | |||
| Shares Owned By Insiders | 47.11 % | |||
| Shares Owned By Institutions | 6.59 % | |||
| Price To Sales | 0.33 X | |||
| Revenue | 864.8 M | |||
| Gross Profit | 40.45 B | |||
| EBITDA | 24 B | |||
| Net Income | 128.07 M | |||
| Cash And Equivalents | 489.16 M | |||
| Total Debt | 15.1 M | |||
| Cash Flow From Operations | 148.86 M | |||
| Number Of Employees | 419 | |||
| Beta | 0.8 | |||
| Market Capitalization | 41.14 B | |||
| Total Asset | 1.05 B | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 1.05 B |
About Wing Yip Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wing Yip Food's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wing Yip using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wing Yip Food 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 Wing Yip
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 Wing Yip 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 Wing Yip will appreciate offsetting losses from the drop in the long position's value.Moving against Wing Stock
| 0.62 | 050960 | SOOSAN INT | PairCorr |
| 0.61 | 106240 | Finetechnix CoLtd | PairCorr |
| 0.59 | 154030 | Asia Seed CoLtd | PairCorr |
| 0.58 | 215480 | Daewoo SBI SPAC | PairCorr |
| 0.57 | 293780 | AptaBio Therapeutics | PairCorr |
The ability to find closely correlated positions to Wing Yip could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wing Yip 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 Wing Yip - 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 Wing Yip Food to buy it.
The correlation of Wing Yip 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 Wing Yip moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wing Yip Food 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 Wing Yip 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 Information and Resources on Investing in Wing Stock
When determining whether Wing Yip Food is a strong investment it is important to analyze Wing Yip's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wing Yip's future performance. For an informed investment choice regarding Wing Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wing Yip Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..