Ramkhamhaeng Hospital Net Income vs. Total Debt
| RAM Stock | THB 23.20 0.30 1.31% |
For Ramkhamhaeng Hospital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ramkhamhaeng Hospital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ramkhamhaeng Hospital Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ramkhamhaeng Hospital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ramkhamhaeng Hospital Public over time as well as its relative position and ranking within its peers.
Ramkhamhaeng |
Ramkhamhaeng Hospital Total Debt vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ramkhamhaeng Hospital's current stock value. Our valuation model uses many indicators to compare Ramkhamhaeng Hospital value to that of its competitors to determine the firm's financial worth. Ramkhamhaeng Hospital Public is rated fourth in net income category among its peers. It is rated third in total debt category among its peers making up about 0.47 of Total Debt per Net Income. The ratio of Net Income to Total Debt for Ramkhamhaeng Hospital Public is roughly 2.13 . 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 Ramkhamhaeng Hospital's earnings, one of the primary drivers of an investment's value.Ramkhamhaeng Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Ramkhamhaeng Hospital |
| = | 4.19 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Ramkhamhaeng Hospital |
| = | 1.97 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.
Ramkhamhaeng Total Debt vs Competition
Ramkhamhaeng Hospital Public is rated third in total debt category among its peers. Total debt of Health Care industry is at this time estimated at about 18.88 Billion. Ramkhamhaeng Hospital retains roughly 1.97 Billion in total debt claiming about 10% of equities under Health Care industry.
Ramkhamhaeng Hospital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ramkhamhaeng Hospital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ramkhamhaeng Hospital will eventually generate negative long term returns. The profitability progress is the general direction of Ramkhamhaeng Hospital's change in net profit over the period of time. It can combine multiple indicators of Ramkhamhaeng Hospital, 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.
Ramkhamhaeng Hospital Public Company Limited, together with its subsidiaries, operates a private hospital that provides medical services in Thailand. Ramkhamhaeng Hospital Public Company Limited was founded in 1988 and is based in Bangkok, Thailand. RAMKHAMHAENG HOSPITAL operates under Medical Care classification in Thailand and is traded on Stock Exchange of Thailand.
Ramkhamhaeng Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ramkhamhaeng Hospital. 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 Ramkhamhaeng Hospital 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 Ramkhamhaeng Hospital's important profitability drivers and their relationship over time.
Use Ramkhamhaeng Hospital 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 Ramkhamhaeng Hospital 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 Ramkhamhaeng Hospital will appreciate offsetting losses from the drop in the long position's value.Ramkhamhaeng Hospital Pair Trading
Ramkhamhaeng Hospital Public Pair Trading Analysis
The ability to find closely correlated positions to Ramkhamhaeng Hospital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ramkhamhaeng Hospital 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 Ramkhamhaeng Hospital - 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 Ramkhamhaeng Hospital Public to buy it.
The correlation of Ramkhamhaeng Hospital 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 Ramkhamhaeng Hospital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ramkhamhaeng Hospital 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 Ramkhamhaeng Hospital 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 Ramkhamhaeng Hospital position
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Other Information on Investing in Ramkhamhaeng Stock
To fully project Ramkhamhaeng Hospital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ramkhamhaeng Hospital 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 Ramkhamhaeng Hospital's income statement, its balance sheet, and the statement of cash flows.