RYOHIN UNSPADR1 Current Ratio vs. Book Value Per Share

3RKU Stock  EUR 20.40  0.40  1.92%   
Based on the key profitability measurements obtained from RYOHIN UNSPADR1's financial statements, RYOHIN UNSPADR1 may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess RYOHIN UNSPADR1's ability to earn profits and add value for shareholders.
For RYOHIN UNSPADR1 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of RYOHIN UNSPADR1 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well RYOHIN UNSPADR1 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between RYOHIN UNSPADR1's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of RYOHIN UNSPADR1 over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between RYOHIN UNSPADR1's value and its price as these two are different measures arrived at by different means. Investors typically determine if RYOHIN UNSPADR1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RYOHIN UNSPADR1's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

RYOHIN UNSPADR1 Book Value Per Share vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining RYOHIN UNSPADR1's current stock value. Our valuation model uses many indicators to compare RYOHIN UNSPADR1 value to that of its competitors to determine the firm's financial worth.
RYOHIN UNSPADR1 is number one stock in current ratio category among its peers. It also is number one stock in book value per share category among its peers creating about  192.88  of Book Value Per Share 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 RYOHIN UNSPADR1's earnings, one of the primary drivers of an investment's value.

RYOHIN Book Value Per Share 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.

RYOHIN UNSPADR1

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
4.01 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).
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

RYOHIN UNSPADR1

Book Value per Share

 = 

Common Equity

Average Shares

 = 
773.43 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

RYOHIN Book Value Per Share Comparison

RYOHIN UNSPADR1 is currently under evaluation in book value per share category among its peers.

RYOHIN UNSPADR1 Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in RYOHIN UNSPADR1, profitability is also one of the essential criteria for including it into their portfolios because, without profit, RYOHIN UNSPADR1 will eventually generate negative long term returns. The profitability progress is the general direction of RYOHIN UNSPADR1's change in net profit over the period of time. It can combine multiple indicators of RYOHIN UNSPADR1, 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.
Ryohin Keikaku Co., Ltd. develops, manufactures, distributes, and sells clothing, household goods, and food items under the MUJI brand. Ryohin Keikaku Co., Ltd. was founded in 1989 and is based in Tokyo, Japan. RYOHIN UNSP is traded on Frankfurt Stock Exchange in Germany.

RYOHIN Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on RYOHIN UNSPADR1. 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 RYOHIN UNSPADR1 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 RYOHIN UNSPADR1's important profitability drivers and their relationship over time.

Use RYOHIN UNSPADR1 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 RYOHIN UNSPADR1 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 RYOHIN UNSPADR1 will appreciate offsetting losses from the drop in the long position's value.

RYOHIN UNSPADR1 Pair Trading

RYOHIN UNSPADR1 Pair Trading Analysis

The ability to find closely correlated positions to RYOHIN UNSPADR1 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RYOHIN UNSPADR1 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 RYOHIN UNSPADR1 - 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 RYOHIN UNSPADR1 to buy it.
The correlation of RYOHIN UNSPADR1 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 RYOHIN UNSPADR1 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RYOHIN UNSPADR1 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 RYOHIN UNSPADR1 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.
Pair CorrelationCorrelation Matching

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Other Information on Investing in RYOHIN Stock

To fully project RYOHIN UNSPADR1's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of RYOHIN UNSPADR1 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 RYOHIN UNSPADR1's income statement, its balance sheet, and the statement of cash flows.
Potential RYOHIN UNSPADR1 investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although RYOHIN UNSPADR1 investors may work on each financial statement separately, they are all related. The changes in RYOHIN UNSPADR1's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on RYOHIN UNSPADR1's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.