New Advanced Total Debt vs. EBITDA
| 3465 Stock | TWD 52.30 1.30 2.43% |
For New Advanced profitability analysis, we use financial ratios and fundamental drivers that measure the ability of New Advanced to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well New Advanced Electronics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between New Advanced's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of New Advanced Electronics over time as well as its relative position and ranking within its peers.
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New Advanced Electronics EBITDA vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining New Advanced's current stock value. Our valuation model uses many indicators to compare New Advanced value to that of its competitors to determine the firm's financial worth. New Advanced Electronics is the top company in total debt category among its peers. It also is number one stock in ebitda category among its peers totaling about 1.13 of EBITDA per Total Debt. 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 New Advanced's earnings, one of the primary drivers of an investment's value.New Total Debt vs. Competition
New Advanced Electronics is the top company in total debt category among its peers. Total debt of Electronic Components industry is presently estimated at about 18.03 Billion. New Advanced holds roughly 553.31 Million in total debt claiming about 3% of equities under Electronic Components industry.
New 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.
New Advanced |
| = | 553.31 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.
New Advanced |
| = | 627.31 M |
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.
New EBITDA Comparison
New Advanced is currently under evaluation in ebitda category among its peers.
New Advanced Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in New Advanced, profitability is also one of the essential criteria for including it into their portfolios because, without profit, New Advanced will eventually generate negative long term returns. The profitability progress is the general direction of New Advanced's change in net profit over the period of time. It can combine multiple indicators of New Advanced, 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.
New Advanced Electronics Technologies Co., Ltd. researches and develops, manufactures, and sells portable power supplies and related power supply products in Taiwan and internationally. New Advanced Electronics Technologies Co., Ltd. was founded in 1993 and is headquartered in Taipei City, Taiwan. NEW ADVANCED is traded on Taiwan OTC Exchange in Taiwan.
New Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on New Advanced. 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 New Advanced 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 New Advanced's important profitability drivers and their relationship over time.
Use New Advanced 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 New Advanced 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 New Advanced will appreciate offsetting losses from the drop in the long position's value.New Advanced Pair Trading
New Advanced Electronics Pair Trading Analysis
The ability to find closely correlated positions to New Advanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Advanced 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 New Advanced - 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 New Advanced Electronics to buy it.
The correlation of New Advanced 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 New Advanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Advanced Electronics 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 New Advanced 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 New Advanced position
In addition to having New Advanced 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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Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Sports Theme or any other thematic opportunities.
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Additional Tools for New Stock Analysis
When running New Advanced's price analysis, check to measure New Advanced's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Advanced is operating at the current time. Most of New Advanced's value examination focuses on studying past and present price action to predict the probability of New Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Advanced's price. Additionally, you may evaluate how the addition of New Advanced to your portfolios can decrease your overall portfolio volatility.