Nippon Light Total Debt vs. Current Valuation
| N9L Stock | EUR 9.40 0.10 1.08% |
For Nippon Light profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nippon Light to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nippon Light Metal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nippon Light's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nippon Light Metal over time as well as its relative position and ranking within its peers.
Nippon |
Nippon Light Metal Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nippon Light's current stock value. Our valuation model uses many indicators to compare Nippon Light value to that of its competitors to determine the firm's financial worth. Nippon Light Metal is rated top company in total debt category among its peers. It also is rated top company in current valuation category among its peers reporting about 0.02 of Current Valuation per Total Debt. The ratio of Total Debt to Current Valuation for Nippon Light Metal is roughly 49.78 . 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 Nippon Light's earnings, one of the primary drivers of an investment's value.Nippon Total Debt vs. Competition
Nippon Light Metal is rated top company in total debt category among its peers. Total debt of Other industry is now estimated at about 82.26 Billion. Nippon Light totals roughly 77.16 Billion in total debt claiming about 94% of all equities under Other industry.
Nippon Current Valuation 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.
Nippon Light |
| = | 77.16 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Nippon Light |
| = | 1.55 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Nippon Current Valuation vs Competition
Nippon Light Metal is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other industry is now estimated at about 17.87 Billion. Nippon Light holds roughly 1.55 Billion in current valuation claiming about 9% of all equities under Other industry.
Nippon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nippon Light. 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 Nippon Light 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 Nippon Light's important profitability drivers and their relationship over time.
Use Nippon Light 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 Nippon Light 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 Nippon Light will appreciate offsetting losses from the drop in the long position's value.Nippon Light Pair Trading
Nippon Light Metal Pair Trading Analysis
The ability to find closely correlated positions to Nippon Light could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nippon Light 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 Nippon Light - 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 Nippon Light Metal to buy it.
The correlation of Nippon Light 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 Nippon Light moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nippon Light Metal 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 Nippon Light 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 Nippon Light position
In addition to having Nippon Light 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?
Run Small Blend Funds Thematic Idea Now
Small Blend Funds
Fund or Etfs that invest in stocks of small to mid-sized entities that have characteristics of both growth and value companies. The Small Blend Funds theme has 38 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 Small Blend Funds Theme or any other thematic opportunities.
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Other Information on Investing in Nippon Stock
To fully project Nippon Light's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nippon Light Metal 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 Nippon Light's income statement, its balance sheet, and the statement of cash flows.