COMMONWBK AUSTRSPADRS Return On Equity vs. Total Debt
| CWW0 Stock | EUR 95.00 0.50 0.53% |
For COMMONWBK AUSTRSPADRS profitability analysis, we use financial ratios and fundamental drivers that measure the ability of COMMONWBK AUSTRSPADRS to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well COMMONWBK AUSTRSPADRS utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between COMMONWBK AUSTRSPADRS's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of COMMONWBK AUSTRSPADRS over time as well as its relative position and ranking within its peers.
COMMONWBK |
COMMONWBK AUSTRSPADRS Total Debt vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining COMMONWBK AUSTRSPADRS's current stock value. Our valuation model uses many indicators to compare COMMONWBK AUSTRSPADRS value to that of its competitors to determine the firm's financial worth. COMMONWBK AUSTRSPADRS is number one stock in return on equity category among its peers. It also is the top company in total debt category among its peers making up about 1,957,008,613,939 of Total Debt per Return On Equity. 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 COMMONWBK AUSTRSPADRS's earnings, one of the primary drivers of an investment's value.COMMONWBK Total Debt vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
COMMONWBK AUSTRSPADRS |
| = | 0.13 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
COMMONWBK AUSTRSPADRS |
| = | 249.91 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.
COMMONWBK Total Debt vs Competition
COMMONWBK AUSTRSPADRS is the top company in total debt category among its peers. Total debt of Banks—Diversified industry is currently estimated at about 251.39 Billion. COMMONWBK AUSTRSPADRS totals roughly 249.91 Billion in total debt claiming about 99% of stocks in Banks—Diversified industry.
COMMONWBK AUSTRSPADRS Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in COMMONWBK AUSTRSPADRS, profitability is also one of the essential criteria for including it into their portfolios because, without profit, COMMONWBK AUSTRSPADRS will eventually generate negative long term returns. The profitability progress is the general direction of COMMONWBK AUSTRSPADRS's change in net profit over the period of time. It can combine multiple indicators of COMMONWBK AUSTRSPADRS, 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.
Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. The company was founded in 1911 and is based in Sydney, Australia. COMMONW BK operates under BanksDiversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 44375 people.
COMMONWBK Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on COMMONWBK AUSTRSPADRS. 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 COMMONWBK AUSTRSPADRS 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 COMMONWBK AUSTRSPADRS's important profitability drivers and their relationship over time.
Use COMMONWBK AUSTRSPADRS 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 COMMONWBK AUSTRSPADRS 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 COMMONWBK AUSTRSPADRS will appreciate offsetting losses from the drop in the long position's value.COMMONWBK AUSTRSPADRS Pair Trading
COMMONWBK AUSTRSPADRS Pair Trading Analysis
The ability to find closely correlated positions to COMMONWBK AUSTRSPADRS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace COMMONWBK AUSTRSPADRS 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 COMMONWBK AUSTRSPADRS - 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 COMMONWBK AUSTRSPADRS to buy it.
The correlation of COMMONWBK AUSTRSPADRS 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 COMMONWBK AUSTRSPADRS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if COMMONWBK AUSTRSPADRS 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 COMMONWBK AUSTRSPADRS 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 COMMONWBK AUSTRSPADRS position
In addition to having COMMONWBK AUSTRSPADRS 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 COMMONWBK Stock
To fully project COMMONWBK AUSTRSPADRS's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of COMMONWBK AUSTRSPADRS 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 COMMONWBK AUSTRSPADRS's income statement, its balance sheet, and the statement of cash flows.