Cemindo Gemilang Total Debt vs. Return On Asset
| CMNT Stock | 965.00 5.00 0.52% |
For Cemindo Gemilang profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cemindo Gemilang to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cemindo Gemilang Tbk utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cemindo Gemilang's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cemindo Gemilang Tbk over time as well as its relative position and ranking within its peers.
Cemindo |
Cemindo Gemilang Tbk Return On Asset vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cemindo Gemilang's current stock value. Our valuation model uses many indicators to compare Cemindo Gemilang value to that of its competitors to determine the firm's financial worth. Cemindo Gemilang Tbk is the top company in total debt category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Total Debt to Return On Asset for Cemindo Gemilang Tbk is about Huge . 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 Cemindo Gemilang's earnings, one of the primary drivers of an investment's value.Cemindo Total Debt vs. Competition
Cemindo Gemilang Tbk is the top company in total debt category among its peers. Total debt of Building Materials industry is currently estimated at about 7.85 Trillion. Cemindo Gemilang totals roughly 6.31 Trillion in total debt claiming about 80% of stocks in Building Materials industry.
Cemindo Return On Asset 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.
Cemindo Gemilang |
| = | 6.31 T |
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.
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.
Cemindo Gemilang |
| = | 0.0338 |
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.
Cemindo Return On Asset Comparison
Cemindo Gemilang is currently under evaluation in return on asset category among its peers.
Cemindo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cemindo Gemilang. 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 Cemindo Gemilang 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 Cemindo Gemilang's important profitability drivers and their relationship over time.
Use Cemindo Gemilang 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 Cemindo Gemilang 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 Cemindo Gemilang will appreciate offsetting losses from the drop in the long position's value.Cemindo Gemilang Pair Trading
Cemindo Gemilang Tbk Pair Trading Analysis
The ability to find closely correlated positions to Cemindo Gemilang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cemindo Gemilang 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 Cemindo Gemilang - 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 Cemindo Gemilang Tbk to buy it.
The correlation of Cemindo Gemilang 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 Cemindo Gemilang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cemindo Gemilang Tbk 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 Cemindo Gemilang 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 Cemindo Gemilang position
In addition to having Cemindo Gemilang 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 Cemindo Stock
To fully project Cemindo Gemilang's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cemindo Gemilang Tbk 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 Cemindo Gemilang's income statement, its balance sheet, and the statement of cash flows.