Chememan Public Return On Asset vs. Total Debt
| CMAN Stock | THB 2.18 0.02 0.93% |
For Chememan Public profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chememan Public to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chememan Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chememan Public's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chememan Public over time as well as its relative position and ranking within its peers.
Chememan |
Chememan Public Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chememan Public's current stock value. Our valuation model uses many indicators to compare Chememan Public value to that of its competitors to determine the firm's financial worth. Chememan Public is number one stock in return on asset category among its peers. It also is the top company in total debt category among its peers making up about 82,747,697,639 of Total Debt per Return On Asset. 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 Chememan Public's earnings, one of the primary drivers of an investment's value.Chememan Total Debt vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Chememan Public |
| = | 0.0288 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Chememan Public |
| = | 2.38 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.
Chememan Total Debt vs Competition
Chememan Public is the top company in total debt category among its peers. Total debt of Specialty Chemicals industry is currently estimated at about 7.47 Billion. Chememan Public totals roughly 2.38 Billion in total debt claiming about 32% of equities listed under Specialty Chemicals industry.
Chememan Public Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chememan Public, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chememan Public will eventually generate negative long term returns. The profitability progress is the general direction of Chememan Public's change in net profit over the period of time. It can combine multiple indicators of Chememan Public, 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.
Chememan Public Company Limited manufactures and distributes mineral lime and chemical products in Thailand. The company was incorporated in 2003 and is headquartered in Bangkok, Thailand. CHEMEMAN PUBLIC operates under Specialty Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
Chememan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chememan Public. 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 Chememan Public 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 Chememan Public's important profitability drivers and their relationship over time.
Use Chememan Public 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 Chememan Public 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 Chememan Public will appreciate offsetting losses from the drop in the long position's value.Chememan Public Pair Trading
Chememan Public Pair Trading Analysis
The ability to find closely correlated positions to Chememan Public could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chememan Public 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 Chememan Public - 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 Chememan Public to buy it.
The correlation of Chememan Public 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 Chememan Public moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chememan Public 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 Chememan Public 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 Chememan Public position
In addition to having Chememan Public 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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Other Information on Investing in Chememan Stock
To fully project Chememan Public's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Chememan Public 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 Chememan Public's income statement, its balance sheet, and the statement of cash flows.