Western Digital Total Debt vs. Operating Margin
| W1DC34 Stock | BRL 365.00 0.00 0.00% |
For Western Digital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Western Digital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Western Digital utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Western Digital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Western Digital over time as well as its relative position and ranking within its peers.
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Western Digital Operating Margin vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Western Digital's current stock value. Our valuation model uses many indicators to compare Western Digital value to that of its competitors to determine the firm's financial worth. Western Digital is rated first in total debt category among its peers. It is rated first in operating margin category among its peers . The ratio of Total Debt to Operating Margin for Western Digital is about 126,750,902,527 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Western Digital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Western Digital'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.Western Total Debt vs. Competition
Western Digital is rated first in total debt category among its peers. Total debt of Computer Hardware industry is at this time estimated at about 67.89 Billion. Western Digital retains roughly 7.02 Billion in total debt claiming about 10% of stocks in Computer Hardware industry.
Western Operating Margin 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.
Western Digital |
| = | 7.02 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.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Western Digital |
| = | 0.06 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Western Operating Margin Comparison
Western Digital is currently under evaluation in operating margin category among its peers.
Western Digital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Western Digital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Western Digital will eventually generate negative long term returns. The profitability progress is the general direction of Western Digital's change in net profit over the period of time. It can combine multiple indicators of Western Digital, 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.
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California. WESTERN DIG operates under Computer Hardware classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 63800 people.
Western Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Western Digital. 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 Western Digital 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 Western Digital's important profitability drivers and their relationship over time.
Use Western Digital 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 Western Digital 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 Western Digital will appreciate offsetting losses from the drop in the long position's value.Western Digital Pair Trading
Western Digital Pair Trading Analysis
The ability to find closely correlated positions to Western Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Digital 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 Western Digital - 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 Western Digital to buy it.
The correlation of Western Digital 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 Western Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Digital 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 Western Digital 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 Western Digital position
In addition to having Western Digital 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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Giant Impact
An experimental equal-weighted decomposition of large high potential stocks based on Macroaxis scoring framework. The Giant Impact theme has 44 constituents at this time.
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Additional Information and Resources on Investing in Western Stock
When determining whether Western Digital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Digital Stock:Check out Your Current Watchlist. For information on how to trade Western Stock refer to our How to Trade Western Stock guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
To fully project Western Digital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Western Digital 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 Western Digital's income statement, its balance sheet, and the statement of cash flows.