Keum Kang Total Debt vs. EBITDA
| 053260 Stock | KRW 4,210 35.00 0.82% |
For Keum Kang profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Keum Kang to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Keum Kang Steel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Keum Kang's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Keum Kang Steel over time as well as its relative position and ranking within its peers.
Keum |
Keum Kang Steel EBITDA vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Keum Kang's current stock value. Our valuation model uses many indicators to compare Keum Kang value to that of its competitors to determine the firm's financial worth. Keum Kang Steel is rated below average in total debt category among its peers. It also is rated below average in ebitda category among its peers totaling about 121.20 of EBITDA per Total Debt. Comparative valuation analysis is a catch-all model that can be used if you cannot value Keum Kang by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Keum Kang'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.Keum Total Debt vs. Competition
Keum Kang Steel is rated below average in total debt category among its peers. Total debt of Materials industry is presently estimated at about 37.58 Trillion. Keum Kang adds roughly 80.12 Million in total debt claiming only tiny portion of all equities under Materials industry.
Keum EBITDA 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.
Keum Kang |
| = | 80.12 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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Keum Kang |
| = | 9.71 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Keum EBITDA Comparison
Keum Kang is currently under evaluation in ebitda category among its peers.
Keum Kang Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Keum Kang, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Keum Kang will eventually generate negative long term returns. The profitability progress is the general direction of Keum Kang's change in net profit over the period of time. It can combine multiple indicators of Keum Kang, 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.
Keum Kang Steel Co., Ltd. engages in the processing and selling of cold-rolled coils in South Korea. Keum Kang Steel Co., Ltd. was founded in 1977 and is headquartered in Seoul, South Korea. KEUM KANG is traded on Korean Securities Dealers Automated Quotations in South Korea.
Keum Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Keum Kang. 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 Keum Kang 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 Keum Kang's important profitability drivers and their relationship over time.
Use Keum Kang 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 Keum Kang 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 Keum Kang will appreciate offsetting losses from the drop in the long position's value.Keum Kang Pair Trading
Keum Kang Steel Pair Trading Analysis
The ability to find closely correlated positions to Keum Kang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Keum Kang 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 Keum Kang - 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 Keum Kang Steel to buy it.
The correlation of Keum Kang 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 Keum Kang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Keum Kang Steel 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 Keum Kang 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 Keum Kang position
In addition to having Keum Kang 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 Keum Stock
To fully project Keum Kang's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Keum Kang Steel 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 Keum Kang's income statement, its balance sheet, and the statement of cash flows.