Eminent Financial Statements From 2010 to 2024
9950 Stock | TWD 13.05 0.25 1.88% |
Check Eminent Luggage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eminent Luggage's main balance sheet or income statement drivers, such as , as well as many indicators such as . Eminent financial statements analysis is a perfect complement when working with Eminent Luggage Valuation or Volatility modules.
Eminent |
Eminent Luggage Company Total Debt Analysis
Eminent Luggage's 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.
Current Eminent Luggage Total Debt | 2.41 B |
Most of Eminent Luggage's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eminent Luggage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition |
Based on the latest financial disclosure, Eminent Luggage has a Total Debt of 2.41 B. This is 37.53% lower than that of the Consumer Cyclical sector and 120.36% higher than that of the Footwear & Accessories industry. The total debt for all Taiwan stocks is 54.68% higher than that of the company.
Eminent Luggage Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Eminent Luggage's current stock value. Our valuation model uses many indicators to compare Eminent Luggage value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eminent Luggage competition to find correlations between indicators driving Eminent Luggage's intrinsic value. More Info.Eminent Luggage is rated third in ebitda category among its peers. It also is rated third in net income category among its peers . 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 Eminent Luggage's earnings, one of the primary drivers of an investment's value.About Eminent Luggage Financial Statements
Eminent Luggage investors use historical fundamental indicators, such as Eminent Luggage's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Eminent Luggage. Please read more on our technical analysis and fundamental analysis pages.
Eminent Luggage Corporation designs, manufactures, and sells luggage products worldwide. Eminent Luggage Corporation was founded in 1979 and is headquartered in Tainan, Taiwan. EMINENT LUGGAGE operates under Footwear Accessories classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 1565 people.
Pair Trading with Eminent Luggage
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 Eminent Luggage 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 Eminent Luggage will appreciate offsetting losses from the drop in the long position's value.Moving together with Eminent Stock
Moving against Eminent Stock
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0.85 | 9904 | Pou Chen Corp | PairCorr |
0.76 | 8404 | Paiho Shih Holdings | PairCorr |
0.69 | 2317 | Hon Hai Precision | PairCorr |
The ability to find closely correlated positions to Eminent Luggage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eminent Luggage 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 Eminent Luggage - 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 Eminent Luggage to buy it.
The correlation of Eminent Luggage 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 Eminent Luggage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eminent Luggage 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 Eminent Luggage 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.Additional Tools for Eminent Stock Analysis
When running Eminent Luggage's price analysis, check to measure Eminent Luggage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eminent Luggage is operating at the current time. Most of Eminent Luggage's value examination focuses on studying past and present price action to predict the probability of Eminent Luggage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eminent Luggage's price. Additionally, you may evaluate how the addition of Eminent Luggage to your portfolios can decrease your overall portfolio volatility.