Zangge Holding Total Debt vs. Return On Asset

000408 Stock   27.08  0.01  0.04%   
Considering the key profitability indicators obtained from Zangge Holding's historical financial statements, Zangge Holding Co may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Zangge Holding's ability to earn profits and add value for shareholders.
For Zangge Holding profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zangge Holding to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zangge Holding Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zangge Holding's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zangge Holding Co over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Zangge Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zangge Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zangge Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Zangge Holding Return On Asset vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Zangge Holding's current stock value. Our valuation model uses many indicators to compare Zangge Holding value to that of its competitors to determine the firm's financial worth.
Zangge Holding Co is the top company in total debt category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Total Debt to Return On Asset for Zangge Holding Co is about  22,156,057,340 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Zangge Holding by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zangge Holding'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.

Zangge Total Debt vs. Competition

Zangge Holding Co is the top company in total debt category among its peers. Total debt of Industrials industry is presently estimated at about 6.47 Trillion. Zangge Holding adds roughly 1.04 Billion in total debt claiming only tiny portion of equities under Industrials industry.
Total debt  Capitalization  Workforce  Valuation  Revenue

Zangge Return On Asset 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.

Zangge Holding

Total Debt

 = 

Bonds

+

Notes

 = 
1.04 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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Zangge Holding

Return On Asset

 = 

Net Income

Total Assets

 = 
0.047
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Zangge Return On Asset Comparison

Zangge Holding is currently under evaluation in return on asset category among its peers.

Zangge Holding Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Zangge Holding, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zangge Holding will eventually generate negative long term returns. The profitability progress is the general direction of Zangge Holding's change in net profit over the period of time. It can combine multiple indicators of Zangge Holding, 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.
Last ReportedProjected for Next Year
Operating Income2.8 B2.9 B
Income Before Tax3.9 B4.1 B
Net Income Applicable To Common Shares6.5 B6.8 B
Net Income3.4 B3.6 B
Income Tax Expense1.1 B1.1 B
Net Income From Continuing Ops3.4 B1.9 B
Total Other Income Expense Net-35.9 M-34.1 M
Net Interest Income21 M22.1 M
Interest Income25.3 M16.5 M
Change To Netincome-578.7 M-549.8 M

Zangge Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Zangge Holding. 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 Zangge Holding 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 Zangge Holding's important profitability drivers and their relationship over time.

Use Zangge Holding 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 Zangge Holding 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 Zangge Holding will appreciate offsetting losses from the drop in the long position's value.

Zangge Holding Pair Trading

Zangge Holding Co Pair Trading Analysis

The ability to find closely correlated positions to Zangge Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zangge Holding 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 Zangge Holding - 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 Zangge Holding Co to buy it.
The correlation of Zangge Holding 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 Zangge Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zangge Holding 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 Zangge Holding 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Zangge Holding position

In addition to having Zangge Holding 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.

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Run Investor Favorites Thematic Idea Now

Investor Favorites
Investor Favorites Theme
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investor Favorites Theme or any other thematic opportunities.
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Other Information on Investing in Zangge Stock

To fully project Zangge Holding's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zangge Holding 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 Zangge Holding's income statement, its balance sheet, and the statement of cash flows.
Potential Zangge Holding investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Zangge Holding investors may work on each financial statement separately, they are all related. The changes in Zangge Holding's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Zangge Holding's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.