World Houseware Net Income vs. Current Liabilities
| WHWRF Stock | USD 0.05 0.00 0.00% |
For World Houseware profitability analysis, we use financial ratios and fundamental drivers that measure the ability of World Houseware to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well World Houseware Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between World Houseware's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of World Houseware Limited over time as well as its relative position and ranking within its peers.
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World Houseware Current Liabilities vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining World Houseware's current stock value. Our valuation model uses many indicators to compare World Houseware value to that of its competitors to determine the firm's financial worth. World Houseware Limited is rated third in net income category among its peers. It is rated first in current liabilities category among its peers creating about 13.24 of Current Liabilities per Net Income. 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 World Houseware's earnings, one of the primary drivers of an investment's value.World Current Liabilities 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.
World Houseware |
| = | 44.02 M |
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.
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
World Houseware |
| = | 583 M |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
World Current Liabilities Comparison
World Houseware is currently under evaluation in current liabilities category among its peers.
World Houseware Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in World Houseware, profitability is also one of the essential criteria for including it into their portfolios because, without profit, World Houseware will eventually generate negative long term returns. The profitability progress is the general direction of World Houseware's change in net profit over the period of time. It can combine multiple indicators of World Houseware, 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.
World Houseware Limited, an investment holding company, manufactures and distributes household products, PVC pipes and fittings, and moulds in the Peoples Republic of China and the United States. World Houseware Limited was founded in 1968 and is headquartered in Kwai Chung, Hong Kong. WORLD HOUSEWARE operates under Building Products Equipment classification in the United States and is traded on PNK Exchange. It employs 625 people.
World Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on World Houseware. 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 World Houseware 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 World Houseware's important profitability drivers and their relationship over time.
Use World Houseware 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 World Houseware 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 World Houseware will appreciate offsetting losses from the drop in the long position's value.World Houseware Pair Trading
World Houseware Limited Pair Trading Analysis
The ability to find closely correlated positions to World Houseware could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace World Houseware 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 World Houseware - 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 World Houseware Limited to buy it.
The correlation of World Houseware 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 World Houseware moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if World Houseware 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 World Houseware 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 World Houseware position
In addition to having World Houseware 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 World Pink Sheet
To fully project World Houseware's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of World Houseware 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 World Houseware's income statement, its balance sheet, and the statement of cash flows.