Southern Concrete Return On Equity vs. Total Debt
| SCP Stock | THB 6.80 0.05 0.73% |
For Southern Concrete profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Southern Concrete to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Southern Concrete Pile utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Southern Concrete's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Southern Concrete Pile over time as well as its relative position and ranking within its peers.
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Southern Concrete Pile Total Debt vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Southern Concrete's current stock value. Our valuation model uses many indicators to compare Southern Concrete value to that of its competitors to determine the firm's financial worth. Southern Concrete Pile is currently regarded as top stock in return on equity category among its peers. It also is currently regarded number one company in total debt category among its peers making up about 373,817,035 of Total Debt per Return On Equity. 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 Southern Concrete's earnings, one of the primary drivers of an investment's value.Southern Total Debt vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Southern Concrete |
| = | 0.0317 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Southern Concrete |
| = | 11.85 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.
Southern Total Debt vs Competition
Southern Concrete Pile is currently regarded number one company in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 37.26 Billion. Southern Concrete adds roughly 11.85 Million in total debt claiming only tiny portion of all equities under Materials industry.
Southern Concrete Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Southern Concrete, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Southern Concrete will eventually generate negative long term returns. The profitability progress is the general direction of Southern Concrete's change in net profit over the period of time. It can combine multiple indicators of Southern Concrete, 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.
Southern Concrete Pile Public Company Limited manufactures, sells, installs, and services prestressed concrete products primarily in Thailand. The company was founded in 1979 and is headquartered in Bangkok, Thailand. SOUTHERN CONCRETE operates under Building Materials classification in Thailand and is traded on Stock Exchange of Thailand.
Southern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Southern Concrete. 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 Southern Concrete 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 Southern Concrete's important profitability drivers and their relationship over time.
Use Southern Concrete 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 Southern Concrete 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 Southern Concrete will appreciate offsetting losses from the drop in the long position's value.Southern Concrete Pair Trading
Southern Concrete Pile Pair Trading Analysis
The ability to find closely correlated positions to Southern Concrete could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southern Concrete 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 Southern Concrete - 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 Southern Concrete Pile to buy it.
The correlation of Southern Concrete 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 Southern Concrete moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southern Concrete Pile 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 Southern Concrete 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 Southern Concrete position
In addition to having Southern Concrete 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 Southern Stock
To fully project Southern Concrete's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Southern Concrete Pile 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 Southern Concrete's income statement, its balance sheet, and the statement of cash flows.