Mida Assets Price To Book vs. Total Debt
| MIDA Stock | THB 0.36 0.01 2.70% |
For Mida Assets profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mida Assets to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mida Assets Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mida Assets's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mida Assets Public over time as well as its relative position and ranking within its peers.
Mida |
Mida Assets Public Total Debt vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mida Assets's current stock value. Our valuation model uses many indicators to compare Mida Assets value to that of its competitors to determine the firm's financial worth. Mida Assets Public is considered to be number one stock in price to book category among its peers. It also is rated top company in total debt category among its peers making up about 5,285,084,975 of Total Debt per Price To Book. 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 Mida Assets' earnings, one of the primary drivers of an investment's value.Mida Total Debt vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Mida Assets |
| = | 0.31 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
Mida Assets |
| = | 1.66 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.
Mida Total Debt vs Competition
Mida Assets Public is rated top company in total debt category among its peers. Total debt of Financials industry is now estimated at about 20.44 Billion. Mida Assets holds roughly 1.66 Billion in total debt claiming about 8% of equities under Financials industry.
Mida Assets Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mida Assets, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mida Assets will eventually generate negative long term returns. The profitability progress is the general direction of Mida Assets' change in net profit over the period of time. It can combine multiple indicators of Mida Assets, 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.
Mida Assets Public Company Limited engages in the sale and hire-purchase of electronic equipment, mobile phones, motorcycles, and used cars in Thailand. Mida Assets Public Company Limited was founded in 1991 and is based in Bangkok, Thailand. MIDA ASSETS operates under Credit Services classification in Thailand and is traded on Stock Exchange of Thailand.
Mida Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mida Assets. 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 Mida Assets 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 Mida Assets' important profitability drivers and their relationship over time.
Use Mida Assets 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 Mida Assets 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 Mida Assets will appreciate offsetting losses from the drop in the long position's value.Mida Assets Pair Trading
Mida Assets Public Pair Trading Analysis
The ability to find closely correlated positions to Mida Assets could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mida Assets 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 Mida Assets - 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 Mida Assets Public to buy it.
The correlation of Mida Assets 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 Mida Assets moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mida Assets 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 Mida Assets 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 Mida Assets position
In addition to having Mida Assets 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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Agriculture
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Agriculture theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Agriculture Theme or any other thematic opportunities.
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Other Information on Investing in Mida Stock
To fully project Mida Assets' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mida Assets 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 Mida Assets' income statement, its balance sheet, and the statement of cash flows.