Eminent Luggage Cash Flow From Operations vs. Total Debt
| 9950 Stock | TWD 12.80 0.15 1.16% |
For Eminent Luggage profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eminent Luggage to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eminent Luggage utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eminent Luggage's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eminent Luggage over time as well as its relative position and ranking within its peers.
Eminent |
Eminent Luggage Total Debt vs. Cash Flow From Operations Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eminent Luggage's current stock value. Our valuation model uses many indicators to compare Eminent Luggage value to that of its competitors to determine the firm's financial worth. Eminent Luggage is rated third in cash flow from operations category among its peers. It is the top company in total debt category among its peers . 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 Eminent Luggage's earnings, one of the primary drivers of an investment's value.Eminent Total Debt vs. Cash Flow From Operations
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Eminent Luggage |
| = | (25.74 M) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
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.
Eminent Luggage |
| = | 2.41 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.
Eminent Total Debt vs Competition
Eminent Luggage is the top company in total debt category among its peers. Total debt of Footwear & Accessories industry is presently estimated at about 62.37 Billion. Eminent Luggage holds roughly 2.41 Billion in total debt claiming about 4% of equities under Footwear & Accessories industry.
Eminent Luggage Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eminent Luggage, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eminent Luggage will eventually generate negative long term returns. The profitability progress is the general direction of Eminent Luggage's change in net profit over the period of time. It can combine multiple indicators of Eminent Luggage, 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.
Eminent Luggage Corporation designs, manufactures, and sells luggage products worldwide. Eminent Luggage Corporation was founded in 1979 and is headquartered in Tainan, Taiwan. EMINENT LUGGAGE operates under Footwear Accessories classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 1565 people.
Eminent Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eminent Luggage. 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 Eminent Luggage 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 Eminent Luggage's important profitability drivers and their relationship over time.
Use Eminent Luggage 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 Eminent Luggage 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 Eminent Luggage will appreciate offsetting losses from the drop in the long position's value.Eminent Luggage Pair Trading
Eminent Luggage Pair Trading Analysis
The ability to find closely correlated positions to Eminent Luggage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eminent Luggage 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 Eminent Luggage - 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 Eminent Luggage to buy it.
The correlation of Eminent Luggage 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 Eminent Luggage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eminent Luggage 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 Eminent Luggage 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 Eminent Luggage position
In addition to having Eminent Luggage 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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Additional Tools for Eminent Stock Analysis
When running Eminent Luggage's price analysis, check to measure Eminent Luggage'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 Eminent Luggage is operating at the current time. Most of Eminent Luggage's value examination focuses on studying past and present price action to predict the probability of Eminent Luggage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eminent Luggage's price. Additionally, you may evaluate how the addition of Eminent Luggage to your portfolios can decrease your overall portfolio volatility.