TAT HONG Current Ratio vs. Net Income
| 1Q2 Stock | EUR 0.14 0.02 16.67% |
For TAT HONG profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TAT HONG to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TAT HONG EQSRV utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TAT HONG's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TAT HONG EQSRV over time as well as its relative position and ranking within its peers.
TAT |
TAT HONG EQSRV Net Income vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TAT HONG's current stock value. Our valuation model uses many indicators to compare TAT HONG value to that of its competitors to determine the firm's financial worth. TAT HONG EQSRV is number one stock in current ratio category among its peers. It also is number one stock in net income category among its peers making up about 38,344,697 of Net Income per Current Ratio. 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 TAT HONG's earnings, one of the primary drivers of an investment's value.TAT Net Income vs. Current Ratio
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.
TAT HONG |
| = | 2.64 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).
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.
TAT HONG |
| = | 101.23 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.
TAT Net Income Comparison
TAT HONG is currently under evaluation in net income category among its peers.
TAT HONG Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TAT HONG, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TAT HONG will eventually generate negative long term returns. The profitability progress is the general direction of TAT HONG's change in net profit over the period of time. It can combine multiple indicators of TAT HONG, 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.
Tat Hong Equipment Service Co., Ltd. provides tower crane solutions in the Peoples Republic of China. Tat Hong Equipment Service Co., Ltd. is a subsidiary of Tat Hong Equipment Pte. TAT HONG operates under Farm Heavy Construction Machinery classification in Germany and is traded on Frankfurt Stock Exchange. It employs 810 people.
TAT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TAT HONG. 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 TAT HONG 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 TAT HONG's important profitability drivers and their relationship over time.
Use TAT HONG 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 TAT HONG 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 TAT HONG will appreciate offsetting losses from the drop in the long position's value.TAT HONG Pair Trading
TAT HONG EQSRV Pair Trading Analysis
The ability to find closely correlated positions to TAT HONG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TAT HONG 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 TAT HONG - 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 TAT HONG EQSRV to buy it.
The correlation of TAT HONG 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 TAT HONG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TAT HONG EQSRV 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 TAT HONG 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 TAT HONG position
In addition to having TAT HONG 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 TAT Stock
To fully project TAT HONG's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TAT HONG EQSRV 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 TAT HONG's income statement, its balance sheet, and the statement of cash flows.