Crown Asia Revenue vs. Total Debt
| CROWN Stock | 1.80 0.02 1.12% |
For Crown Asia profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Crown Asia to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Crown Asia Chemicals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Crown Asia's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Crown Asia Chemicals over time as well as its relative position and ranking within its peers.
Crown |
Crown Asia Chemicals Total Debt vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Crown Asia's current stock value. Our valuation model uses many indicators to compare Crown Asia value to that of its competitors to determine the firm's financial worth. Crown Asia Chemicals is the top company in revenue category among its peers. It also is the top company in total debt category among its peers making up about 0.01 of Total Debt per Revenue. The ratio of Revenue to Total Debt for Crown Asia Chemicals is roughly 96.80 . 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 Crown Asia's earnings, one of the primary drivers of an investment's value.Crown Revenue vs. Competition
Crown Asia Chemicals is the top company in revenue category among its peers. Market size based on revenue of Chemicals industry is currently estimated at about 98.2 Billion. Crown Asia claims roughly 1.74 Billion in revenue contributing just under 2% to stocks in Chemicals industry.
Crown Total Debt vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Crown Asia |
| = | 1.74 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Crown Asia |
| = | 17.98 M |
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.
Crown Total Debt vs Competition
Crown Asia Chemicals is the top company in total debt category among its peers. Total debt of Chemicals industry is currently estimated at about 32.51 Billion. Crown Asia adds roughly 17.98 Million in total debt claiming only tiny portion of stocks in Chemicals industry.
Crown Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Crown Asia. 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 Crown Asia 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 Crown Asia's important profitability drivers and their relationship over time.
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| Cash And Equivalents vs Total Debt | ||
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| Earnings Per Share vs Total Debt | ||
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| Revenue vs Z Score |
Use Crown Asia 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 Crown Asia 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 Crown Asia will appreciate offsetting losses from the drop in the long position's value.Crown Asia Pair Trading
Crown Asia Chemicals Pair Trading Analysis
The ability to find closely correlated positions to Crown Asia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crown Asia 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 Crown Asia - 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 Crown Asia Chemicals to buy it.
The correlation of Crown Asia 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 Crown Asia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crown Asia Chemicals 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 Crown Asia 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 Crown Asia position
In addition to having Crown Asia 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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Cash Cows
Entities with stable and reliable earnings or profits, which allows them to pay consistent dividends to their shareholders. The Cash Cows theme has 25 constituents at this time.
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Additional Tools for Crown Stock Analysis
When running Crown Asia's price analysis, check to measure Crown Asia'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 Crown Asia is operating at the current time. Most of Crown Asia's value examination focuses on studying past and present price action to predict the probability of Crown Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crown Asia's price. Additionally, you may evaluate how the addition of Crown Asia to your portfolios can decrease your overall portfolio volatility.