Nippon Light Total Debt vs. Gross Profit
| N9L Stock | EUR 9.30 0.10 1.09% |
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 Gross Profit 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 considered to be number one stock in gross profit category among its peers fabricating about 1.22 of Gross Profit per Total Debt. 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 8.88 Trillion. Nippon Light maintains roughly 77.16 Billion in total debt contributing less than 1% to all equities under Other industry.
Nippon Gross Profit 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Nippon Light |
| = | 94.03 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Nippon Gross Profit Comparison
Nippon Light is currently under evaluation in gross profit category among its peers.
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 Gold and Gold Mining Thematic Idea Now
Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 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 Gold and Gold Mining 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.