Korean Air Cash Flow From Operations vs. Revenue
| 003490 Stock | 25,250 1,050 4.34% |
For Korean Air profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Korean Air to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Korean Air Lines utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Korean Air's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Korean Air Lines over time as well as its relative position and ranking within its peers.
Korean |
Korean Air Lines Revenue vs. Cash Flow From Operations Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Korean Air's current stock value. Our valuation model uses many indicators to compare Korean Air value to that of its competitors to determine the firm's financial worth. Korean Air Lines is number one stock in cash flow from operations category among its peers. It also is the top company in revenue category among its peers totaling about 2.57 of Revenue per Cash Flow From Operations. Comparative valuation analysis is a catch-all model that can be used if you cannot value Korean Air by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Korean Air's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Korean Revenue vs. Cash Flow From Operations
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Korean Air |
| = | 3.51 T |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Korean Air |
| = | 9.02 T |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Korean Revenue vs Competition
Korean Air Lines is the top company in revenue category among its peers. Market size based on revenue of Industrials industry is presently estimated at about 9.45 Trillion. Korean Air totals roughly 9.02 Trillion in revenue claiming about 95% of equities under Industrials industry.
Korean Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Korean Air. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Korean Air position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Korean Air's important profitability drivers and their relationship over time.
Use Korean Air in pair-trading
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 Korean Air 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 Korean Air will appreciate offsetting losses from the drop in the long position's value.Korean Air Pair Trading
Korean Air Lines Pair Trading Analysis
The ability to find closely correlated positions to Korean Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korean Air 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 Korean Air - 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 Korean Air Lines to buy it.
The correlation of Korean Air 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 Korean Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Korean Air Lines 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 Korean Air 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.Use Investing Themes to Complement your Korean Air position
In addition to having Korean Air in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Giant Impact
An experimental equal-weighted decomposition of large high potential stocks based on Macroaxis scoring framework. The Giant Impact theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Giant Impact Theme or any other thematic opportunities.
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Other Information on Investing in Korean Stock
To fully project Korean Air's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Korean Air Lines at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Korean Air's income statement, its balance sheet, and the statement of cash flows.