Taegu Broadcasting Debt To Equity vs. Return On Asset
| 033830 Stock | KRW 808.00 9.00 1.10% |
For Taegu Broadcasting profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Taegu Broadcasting to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Taegu Broadcasting utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Taegu Broadcasting's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Taegu Broadcasting over time as well as its relative position and ranking within its peers.
Taegu |
Taegu Broadcasting Return On Asset vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Taegu Broadcasting's current stock value. Our valuation model uses many indicators to compare Taegu Broadcasting value to that of its competitors to determine the firm's financial worth. Taegu Broadcasting is number one stock in debt to equity category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Debt To Equity to Return On Asset for Taegu Broadcasting is about 240.63 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Taegu Broadcasting by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Taegu Broadcasting'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.Taegu Return On Asset vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Taegu Broadcasting |
| = | 7.70 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Taegu Broadcasting |
| = | 0.032 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Taegu Return On Asset Comparison
Taegu Broadcasting is currently under evaluation in return on asset category among its peers.
Taegu Broadcasting Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Taegu Broadcasting, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Taegu Broadcasting will eventually generate negative long term returns. The profitability progress is the general direction of Taegu Broadcasting's change in net profit over the period of time. It can combine multiple indicators of Taegu Broadcasting, 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.
Taegu Broadcasting Corporation engages in the provision of television broadcasting services in South Korea. The company was founded in 1994 and is based in Daegu, South Korea. TBC is traded on Korean Securities Dealers Automated Quotations in South Korea.
Taegu Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Taegu Broadcasting. 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 Taegu Broadcasting 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 Taegu Broadcasting's important profitability drivers and their relationship over time.
Use Taegu Broadcasting 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 Taegu Broadcasting 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 Taegu Broadcasting will appreciate offsetting losses from the drop in the long position's value.Taegu Broadcasting Pair Trading
Taegu Broadcasting Pair Trading Analysis
The ability to find closely correlated positions to Taegu Broadcasting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taegu Broadcasting 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 Taegu Broadcasting - 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 Taegu Broadcasting to buy it.
The correlation of Taegu Broadcasting 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 Taegu Broadcasting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taegu Broadcasting 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 Taegu Broadcasting 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 Taegu Broadcasting position
In addition to having Taegu Broadcasting 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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Other Information on Investing in Taegu Stock
To fully project Taegu Broadcasting's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Taegu Broadcasting 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 Taegu Broadcasting's income statement, its balance sheet, and the statement of cash flows.