Jeil Steel Profit Margin vs. Current Ratio
| 023440 Stock | KRW 1,790 9.00 0.50% |
For Jeil Steel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jeil Steel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jeil Steel Mfg utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jeil Steel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jeil Steel Mfg over time as well as its relative position and ranking within its peers.
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Jeil Steel Mfg Current Ratio vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Jeil Steel's current stock value. Our valuation model uses many indicators to compare Jeil Steel value to that of its competitors to determine the firm's financial worth. Jeil Steel Mfg is rated fifth in profit margin category among its peers. It also is rated fifth in current ratio category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Jeil Steel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Jeil Steel'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.Jeil Current Ratio vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
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In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
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| = | 0.50 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Jeil Current Ratio Comparison
Jeil Steel is rated fourth in current ratio category among its peers.
Jeil Steel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Jeil Steel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Jeil Steel will eventually generate negative long term returns. The profitability progress is the general direction of Jeil Steel's change in net profit over the period of time. It can combine multiple indicators of Jeil Steel, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Jeil Steel Mfg Co., Ltd. manufactures and sells rolling steel products.
Jeil Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Jeil Steel. 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 Jeil Steel 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 Jeil Steel's important profitability drivers and their relationship over time.
Use Jeil Steel 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 Jeil Steel 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 Jeil Steel will appreciate offsetting losses from the drop in the long position's value.Jeil Steel Pair Trading
Jeil Steel Mfg Pair Trading Analysis
The ability to find closely correlated positions to Jeil Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jeil Steel 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 Jeil Steel - 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 Jeil Steel Mfg to buy it.
The correlation of Jeil Steel 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 Jeil Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jeil Steel Mfg 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 Jeil Steel 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 Jeil Steel position
In addition to having Jeil Steel 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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Farming
Companies producing farming products and providing services for farmers. The Farming theme has 43 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 Farming Theme or any other thematic opportunities.
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Other Information on Investing in Jeil Stock
To fully project Jeil Steel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Jeil Steel Mfg 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 Jeil Steel's income statement, its balance sheet, and the statement of cash flows.