Wafer Works Total Debt vs. Gross Profit
| 6182 Stock | TWD 29.25 0.05 0.17% |
For Wafer Works profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wafer Works to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wafer Works utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wafer Works's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wafer Works over time as well as its relative position and ranking within its peers.
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Wafer Works Gross Profit vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wafer Works's current stock value. Our valuation model uses many indicators to compare Wafer Works value to that of its competitors to determine the firm's financial worth. Wafer Works is rated second in total debt category among its peers. It also is rated second in gross profit category among its peers fabricating about 0.81 of Gross Profit per Total Debt. The ratio of Total Debt to Gross Profit for Wafer Works is roughly 1.23 . 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 Wafer Works' earnings, one of the primary drivers of an investment's value.Wafer Total Debt vs. Competition
Wafer Works is rated second in total debt category among its peers. Total debt of Information Technology industry is presently estimated at about 120.31 Billion. Wafer Works holds roughly 4.45 Billion in total debt claiming about 4% of equities under Information Technology industry.
Wafer Gross Profit 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.
Wafer Works |
| = | 4.45 B |
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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Wafer Works |
| = | 3.62 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Wafer Gross Profit Comparison
Wafer Works is currently under evaluation in gross profit category among its peers.
Wafer Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wafer Works. 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 Wafer Works 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 Wafer Works' important profitability drivers and their relationship over time.
Use Wafer Works 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 Wafer Works 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 Wafer Works will appreciate offsetting losses from the drop in the long position's value.Wafer Works Pair Trading
Wafer Works Pair Trading Analysis
The ability to find closely correlated positions to Wafer Works could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wafer Works 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 Wafer Works - 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 Wafer Works to buy it.
The correlation of Wafer Works 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 Wafer Works moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wafer Works 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 Wafer Works 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 Wafer Works position
In addition to having Wafer Works 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?
Run Computers Thematic Idea Now
Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 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 Computers Theme or any other thematic opportunities.
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Additional Tools for Wafer Stock Analysis
When running Wafer Works' price analysis, check to measure Wafer Works' 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 Wafer Works is operating at the current time. Most of Wafer Works' value examination focuses on studying past and present price action to predict the probability of Wafer Works' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wafer Works' price. Additionally, you may evaluate how the addition of Wafer Works to your portfolios can decrease your overall portfolio volatility.