Daya Materials Total Debt vs. Net Income
| 0091 Stock | 0.11 0.01 8.33% |
For Daya Materials profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Daya Materials to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Daya Materials Bhd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Daya Materials's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Daya Materials Bhd over time as well as its relative position and ranking within its peers.
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Daya Materials Bhd Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Daya Materials's current stock value. Our valuation model uses many indicators to compare Daya Materials value to that of its competitors to determine the firm's financial worth. Daya Materials Bhd is rated below average in total debt category among its peers. It is rated below average in net income category among its peers making up about 17.54 of Net Income per Total Debt. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Daya Materials' earnings, one of the primary drivers of an investment's value.Daya Total Debt vs. Competition
Daya Materials Bhd is rated below average in total debt category among its peers. Total debt of Oil & Gas Related Equipment and Services industry is presently estimated at about 477.89 Million. Daya Materials holds roughly 25.93 Million in total debt claiming about 5% of all equities under Oil & Gas Related Equipment and Services industry.
Daya Net Income vs. Total Debt
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.
Daya Materials |
| = | 25.93 M |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Daya Materials |
| = | 454.92 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Daya Net Income Comparison
Daya Materials is rated fifth in net income category among its peers.
Daya Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Daya Materials. 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 Daya Materials 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 Daya Materials' important profitability drivers and their relationship over time.
Use Daya Materials 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 Daya Materials 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 Daya Materials will appreciate offsetting losses from the drop in the long position's value.Daya Materials Pair Trading
Daya Materials Bhd Pair Trading Analysis
The ability to find closely correlated positions to Daya Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daya Materials 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 Daya Materials - 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 Daya Materials Bhd to buy it.
The correlation of Daya Materials 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 Daya Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daya Materials Bhd 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 Daya Materials 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 Daya Materials position
In addition to having Daya Materials 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?
Run Utilities Thematic Idea Now
Utilities
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 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 Utilities Theme or any other thematic opportunities.
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Other Information on Investing in Daya Stock
To fully project Daya Materials' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Daya Materials Bhd 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 Daya Materials' income statement, its balance sheet, and the statement of cash flows.