Jyske Bank As Stock Current Liabilities
| JYSK Stock | DKK 490.40 4.60 0.93% |
Jyske Bank AS fundamentals help investors to digest information that contributes to Jyske Bank's financial success or failures. It also enables traders to predict the movement of Jyske Stock. The fundamental analysis module provides a way to measure Jyske Bank'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 Jyske Bank stock.
Jyske |
Jyske Bank AS Company Current Liabilities Analysis
Jyske Bank's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Jyske Bank Current Liabilities | 186.71 B |
Most of Jyske Bank's fundamental indicators, such as Current Liabilities, 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, Jyske Bank AS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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In accordance with the recently published financial statements, Jyske Bank AS has a Current Liabilities of 186.71 B. This is much higher than that of the Banks sector and significantly higher than that of the Financials industry. The current liabilities for all Denmark stocks is significantly lower than that of the firm.
Jyske Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jyske Bank's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Jyske Bank could also be used in its relative valuation, which is a method of valuing Jyske Bank by comparing valuation metrics of similar companies.Jyske Bank is currently under evaluation in current liabilities category among its peers.
Jyske Fundamentals
| Return On Equity | 0.0771 | |||
| Return On Asset | 0.0044 | |||
| Profit Margin | 0.32 % | |||
| Operating Margin | 0.42 % | |||
| Current Valuation | 371.43 B | |||
| Shares Outstanding | 64.25 M | |||
| Shares Owned By Insiders | 28.12 % | |||
| Shares Owned By Institutions | 23.11 % | |||
| Price To Earning | 7.79 X | |||
| Price To Book | 0.70 X | |||
| Price To Sales | 2.95 X | |||
| Revenue | 9.2 B | |||
| Gross Profit | 9.46 B | |||
| EBITDA | 8.37 B | |||
| Net Income | 3.18 B | |||
| Cash And Equivalents | 77.07 B | |||
| Cash Per Share | 944.86 X | |||
| Total Debt | 428.3 B | |||
| Book Value Per Share | 608.24 X | |||
| Cash Flow From Operations | (3.09 B) | |||
| Earnings Per Share | 42.67 X | |||
| Price To Earnings To Growth | 0.86 X | |||
| Target Price | 533.0 | |||
| Number Of Employees | 3.28 K | |||
| Beta | 0.89 | |||
| Market Capitalization | 35.38 B | |||
| Total Asset | 647.12 B | |||
| Retained Earnings | 28.23 B | |||
| Working Capital | (82.36 B) | |||
| Current Asset | 104.34 B | |||
| Current Liabilities | 186.71 B | |||
| Net Asset | 647.12 B |
About Jyske Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Jyske Bank AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jyske Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jyske Bank AS 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 Jyske Bank
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 Jyske Bank 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 Jyske Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Jyske Stock
Moving against Jyske Stock
| 0.6 | MAJDKO | Maj Invest | PairCorr |
| 0.5 | DKIGLOVO | Danske Invest | PairCorr |
| 0.44 | MAJPEN | Maj Invest Pension | PairCorr |
| 0.37 | DKINYM | Investeringsforeningen | PairCorr |
The ability to find closely correlated positions to Jyske Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jyske Bank 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 Jyske Bank - 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 Jyske Bank AS to buy it.
The correlation of Jyske Bank 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 Jyske Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jyske Bank AS 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 Jyske Bank 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 Jyske Stock
Jyske Bank financial ratios help investors to determine whether Jyske 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 Jyske with respect to the benefits of owning Jyske Bank security.