Osteonic Current Ratio vs. Total Debt
| 226400 Stock | KRW 4,880 140.00 2.79% |
For Osteonic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Osteonic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Osteonic Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Osteonic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Osteonic Co over time as well as its relative position and ranking within its peers.
Osteonic |
Osteonic Total Debt vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Osteonic's current stock value. Our valuation model uses many indicators to compare Osteonic value to that of its competitors to determine the firm's financial worth. Osteonic Co is number one stock in current ratio category among its peers. It also is the top company in total debt category among its peers making up about 495,146 of Total Debt per Current Ratio. Comparative valuation analysis is a catch-all model that can be used if you cannot value Osteonic by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Osteonic'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.Osteonic Total Debt 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.
Osteonic |
| = | 4.03 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).
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.
Osteonic |
| = | 2 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.
Osteonic Total Debt vs Competition
Osteonic Co is the top company in total debt category among its peers. Total debt of Health Care Equipment & Supplies industry is presently estimated at about 11.24 Billion. Osteonic adds roughly 2 Million in total debt claiming only tiny portion of equities under Health Care Equipment & Supplies industry.
Osteonic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Osteonic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Osteonic will eventually generate negative long term returns. The profitability progress is the general direction of Osteonic's change in net profit over the period of time. It can combine multiple indicators of Osteonic, 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.
Osteonic Co., Ltd. develops, manufactures, and sells bone fixation systems. Osteonic Co., Ltd. was founded in 2012 and is based in Seoul, South Korea. OSTEONIC is traded on Korean Securities Dealers Automated Quotations in South Korea.
Osteonic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Osteonic. 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 Osteonic 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 Osteonic's important profitability drivers and their relationship over time.
Use Osteonic 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 Osteonic 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 Osteonic will appreciate offsetting losses from the drop in the long position's value.Osteonic Pair Trading
Osteonic Co Pair Trading Analysis
The ability to find closely correlated positions to Osteonic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Osteonic 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 Osteonic - 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 Osteonic Co to buy it.
The correlation of Osteonic 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 Osteonic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Osteonic 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 Osteonic 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 Osteonic position
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Other Information on Investing in Osteonic Stock
To fully project Osteonic's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Osteonic 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 Osteonic's income statement, its balance sheet, and the statement of cash flows.