REC Silicon Cash Per Share vs. Total Debt
| RECSI Stock | NOK 4.13 0.28 6.35% |
For REC Silicon profitability analysis, we use financial ratios and fundamental drivers that measure the ability of REC Silicon to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well REC Silicon ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between REC Silicon's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of REC Silicon ASA over time as well as its relative position and ranking within its peers.
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REC Silicon ASA Total Debt vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining REC Silicon's current stock value. Our valuation model uses many indicators to compare REC Silicon value to that of its competitors to determine the firm's financial worth. REC Silicon ASA is currently regarded as top stock in cash per share category among its peers. It also is currently regarded number one company in total debt category among its peers making up about 590,645,161 of Total Debt per Cash Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value REC Silicon by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for REC Silicon's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.REC Total Debt vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
REC Silicon |
| = | 0.31 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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.
REC Silicon |
| = | 183.1 M |
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.
REC Total Debt vs Competition
REC Silicon ASA is currently regarded number one company in total debt category among its peers. Total debt of Semiconductor Equipment & Materials industry is at this time estimated at about 18.08 Billion. REC Silicon claims roughly 183.1 Million in total debt contributing just under 2% to equities listed under Semiconductor Equipment & Materials industry.
REC Silicon Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in REC Silicon, profitability is also one of the essential criteria for including it into their portfolios because, without profit, REC Silicon will eventually generate negative long term returns. The profitability progress is the general direction of REC Silicon's change in net profit over the period of time. It can combine multiple indicators of REC Silicon, 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.
REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide. REC Silicon ASA was founded in 1996 and is headquartered in Lysaker, Norway. REC SILICON operates under Semiconductor Equipment Materials classification in Norway and is traded on Oslo Stock Exchange. It employs 281 people.
REC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on REC Silicon. 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 REC Silicon 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 REC Silicon's important profitability drivers and their relationship over time.
Use REC Silicon 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 REC Silicon 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 REC Silicon will appreciate offsetting losses from the drop in the long position's value.REC Silicon Pair Trading
REC Silicon ASA Pair Trading Analysis
The ability to find closely correlated positions to REC Silicon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace REC Silicon 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 REC Silicon - 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 REC Silicon ASA to buy it.
The correlation of REC Silicon 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 REC Silicon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if REC Silicon ASA 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 REC Silicon 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 REC Silicon position
In addition to having REC Silicon 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 REC Stock
To fully project REC Silicon's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of REC Silicon ASA 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 REC Silicon's income statement, its balance sheet, and the statement of cash flows.