Mitake Information Stock Debt To Equity
| 8284 Stock | TWD 66.60 0.40 0.60% |
Mitake Information fundamentals help investors to digest information that contributes to Mitake Information's financial success or failures. It also enables traders to predict the movement of Mitake Stock. The fundamental analysis module provides a way to measure Mitake Information's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mitake Information stock.
Mitake |
Mitake Information Company Debt To Equity Analysis
Mitake Information's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
According to the company disclosure, Mitake Information has a Debt To Equity of 0.0%. This is 100.0% lower than that of the Technology sector and about the same as Software-Application (which currently averages 0.0) industry. The debt to equity for all Taiwan stocks is 100.0% higher than that of the company.
Mitake Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mitake Information's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mitake Information could also be used in its relative valuation, which is a method of valuing Mitake Information by comparing valuation metrics of similar companies.Mitake Information is currently under evaluation in debt to equity category among its peers.
Mitake Fundamentals
| Return On Equity | 0.27 | |||
| Return On Asset | 0.1 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 1.53 B | |||
| Shares Outstanding | 46.34 M | |||
| Shares Owned By Insiders | 39.38 % | |||
| Shares Owned By Institutions | 0.06 % | |||
| Price To Book | 2.11 X | |||
| Price To Sales | 1.07 X | |||
| Revenue | 2.21 B | |||
| Gross Profit | 510.24 M | |||
| EBITDA | 253.8 M | |||
| Net Income | 188.3 M | |||
| Book Value Per Share | 25.32 X | |||
| Cash Flow From Operations | 146.32 M | |||
| Earnings Per Share | 6.44 X | |||
| Number Of Employees | 346 | |||
| Beta | 0.34 | |||
| Market Capitalization | 2.78 B | |||
| Total Asset | 1.61 B | |||
| Z Score | 1.0 | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 1.61 B | |||
| Last Dividend Paid | 3.0 |
About Mitake Information Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mitake Information's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mitake Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mitake Information based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Mitake Information
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 Mitake Information 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 Mitake Information will appreciate offsetting losses from the drop in the long position's value.Moving against Mitake Stock
| 0.55 | 8227 | Progate Group | PairCorr |
| 0.53 | 0051 | YuantaP shares Taiwan | PairCorr |
| 0.49 | 4961 | Fitipower Integrated | PairCorr |
| 0.45 | 6689 | eCloudvalley Digital | PairCorr |
| 0.43 | 1584 | S Tech Corp | PairCorr |
The ability to find closely correlated positions to Mitake Information could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mitake Information 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 Mitake Information - 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 Mitake Information to buy it.
The correlation of Mitake Information 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 Mitake Information moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mitake Information 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 Mitake Information 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 Mitake Stock Analysis
When running Mitake Information's price analysis, check to measure Mitake Information'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 Mitake Information is operating at the current time. Most of Mitake Information's value examination focuses on studying past and present price action to predict the probability of Mitake Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitake Information's price. Additionally, you may evaluate how the addition of Mitake Information to your portfolios can decrease your overall portfolio volatility.