Hankukpackage Cash And Equivalents vs. Return On Asset
| 037230 Stock | KRW 1,843 24.00 1.29% |
For Hankukpackage profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hankukpackage to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hankukpackage Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hankukpackage's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hankukpackage Co over time as well as its relative position and ranking within its peers.
Hankukpackage |
Hankukpackage Return On Asset vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hankukpackage's current stock value. Our valuation model uses many indicators to compare Hankukpackage value to that of its competitors to determine the firm's financial worth. Hankukpackage Co is number one stock in cash and equivalents category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Cash And Equivalents to Return On Asset for Hankukpackage Co is about 3,253,544,623,077 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hankukpackage by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hankukpackage'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.Hankukpackage Return On Asset vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Hankukpackage |
| = | 4.23 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.
Hankukpackage |
| = | 0.0013 |
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.
Hankukpackage Return On Asset Comparison
Hankukpackage is currently under evaluation in return on asset category among its peers.
Hankukpackage Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hankukpackage, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hankukpackage will eventually generate negative long term returns. The profitability progress is the general direction of Hankukpackage's change in net profit over the period of time. It can combine multiple indicators of Hankukpackage, 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.
Hankuk Package Co. Ltd. engages in the production and sale of liquid food packaging solutions in South Korea.
Hankukpackage Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hankukpackage. 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 Hankukpackage 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 Hankukpackage's important profitability drivers and their relationship over time.
Use Hankukpackage 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 Hankukpackage 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 Hankukpackage will appreciate offsetting losses from the drop in the long position's value.Hankukpackage Pair Trading
Hankukpackage Co Pair Trading Analysis
The ability to find closely correlated positions to Hankukpackage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hankukpackage 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 Hankukpackage - 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 Hankukpackage Co to buy it.
The correlation of Hankukpackage 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 Hankukpackage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hankukpackage 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 Hankukpackage 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 Hankukpackage position
In addition to having Hankukpackage 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 Gold and Gold Mining Thematic Idea Now
Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 99 constituents at this time.
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Other Information on Investing in Hankukpackage Stock
To fully project Hankukpackage's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hankukpackage 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 Hankukpackage's income statement, its balance sheet, and the statement of cash flows.