Goodyear Indonesia Return On Equity vs. Total Debt
| GDYR Stock | IDR 1,475 70.00 4.98% |
For Goodyear Indonesia profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Goodyear Indonesia to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Goodyear Indonesia Tbk utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Goodyear Indonesia's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Goodyear Indonesia Tbk over time as well as its relative position and ranking within its peers.
Goodyear |
Goodyear Indonesia Tbk Total Debt vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Goodyear Indonesia's current stock value. Our valuation model uses many indicators to compare Goodyear Indonesia value to that of its competitors to determine the firm's financial worth. Goodyear Indonesia Tbk is rated below average in return on equity category among its peers. It is rated # 5 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 Goodyear Indonesia's earnings, one of the primary drivers of an investment's value.Goodyear 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.
Goodyear Indonesia |
| = | -0.09 |
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.
Goodyear Indonesia |
| = | 418.02 K |
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.
Goodyear Total Debt vs Competition
Goodyear Indonesia Tbk is rated # 5 in total debt category among its peers. Total debt of Consumer Discretionary industry is currently estimated at about 18.98 Billion. Goodyear Indonesia adds roughly 418,020 in total debt claiming only tiny portion of stocks in Consumer Discretionary industry.
Goodyear Indonesia Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Goodyear Indonesia, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Goodyear Indonesia will eventually generate negative long term returns. The profitability progress is the general direction of Goodyear Indonesia's change in net profit over the period of time. It can combine multiple indicators of Goodyear Indonesia, 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.
PT Goodyear Indonesia Tbk manufactures, imports, exports, and distributes tires, inner tubes, flaps, and other rubber derivative products for automobiles, and airplanes and related components. PT Goodyear Indonesia Tbk is a subsidiary of The Goodyear Tire Rubber Company. Goodyear Indonesia operates under Auto Parts classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 842 people.
Goodyear Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Goodyear Indonesia. 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 Goodyear Indonesia 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 Goodyear Indonesia's important profitability drivers and their relationship over time.
Use Goodyear Indonesia 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 Goodyear Indonesia 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 Goodyear Indonesia will appreciate offsetting losses from the drop in the long position's value.Goodyear Indonesia Pair Trading
Goodyear Indonesia Tbk Pair Trading Analysis
The ability to find closely correlated positions to Goodyear Indonesia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goodyear Indonesia 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 Goodyear Indonesia - 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 Goodyear Indonesia Tbk to buy it.
The correlation of Goodyear Indonesia 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 Goodyear Indonesia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goodyear Indonesia 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 Goodyear Indonesia 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 Goodyear Indonesia position
In addition to having Goodyear Indonesia 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 Goodyear Stock
To fully project Goodyear Indonesia's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Goodyear Indonesia 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 Goodyear Indonesia's income statement, its balance sheet, and the statement of cash flows.