Hengkang Medical Total Debt vs. Current Valuation
| 002219 Stock | 2.87 0.32 10.03% |
For Hengkang Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hengkang Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hengkang Medical Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hengkang Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hengkang Medical Group over time as well as its relative position and ranking within its peers.
Hengkang |
Hengkang Medical Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hengkang Medical's current stock value. Our valuation model uses many indicators to compare Hengkang Medical value to that of its competitors to determine the firm's financial worth. Hengkang Medical Group is the top company in total debt category among its peers. It also is the top company in current valuation category among its peers reporting about 15.60 of Current Valuation per Total Debt. Comparative valuation analysis is a catch-all model that can be used if you cannot value Hengkang Medical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hengkang Medical'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.Hengkang Total Debt vs. Competition
Hengkang Medical Group is the top company in total debt category among its peers. Total debt of Health Care industry is presently estimated at about 175.84 Trillion. Hengkang Medical adds roughly 716.49 Million in total debt claiming only tiny portion of equities under Health Care industry.
Hengkang Current Valuation 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.
Hengkang Medical |
| = | 716.49 M |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Hengkang Medical |
| = | 11.18 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Hengkang Current Valuation vs Competition
Hengkang Medical Group is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is presently estimated at about 14.92 Trillion. Hengkang Medical adds roughly 11.18 Billion in current valuation claiming only tiny portion of equities under Health Care industry.
Hengkang Medical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hengkang Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hengkang Medical will eventually generate negative long term returns. The profitability progress is the general direction of Hengkang Medical's change in net profit over the period of time. It can combine multiple indicators of Hengkang Medical, 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 Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 140.1 M | 147.1 M | |
| Net Income | 30.8 M | 32.3 M | |
| Operating Income | 244.4 M | 144.7 M | |
| Income Before Tax | 10.3 M | 10.8 M | |
| Income Tax Expense | 5.7 M | 5.4 M | |
| Net Interest Income | -112.1 M | -117.8 M | |
| Interest Income | 11.4 M | 6.5 M | |
| Net Income From Continuing Ops | 38.9 M | 40.9 M | |
| Change To Netincome | 119.6 M | 113.6 M |
Hengkang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hengkang Medical. 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 Hengkang Medical 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 Hengkang Medical's important profitability drivers and their relationship over time.
Use Hengkang Medical 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 Hengkang Medical 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 Hengkang Medical will appreciate offsetting losses from the drop in the long position's value.Hengkang Medical Pair Trading
Hengkang Medical Group Pair Trading Analysis
The ability to find closely correlated positions to Hengkang Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hengkang Medical 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 Hengkang Medical - 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 Hengkang Medical Group to buy it.
The correlation of Hengkang Medical 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 Hengkang Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hengkang Medical 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 Hengkang Medical 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 Hengkang Medical position
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Other Information on Investing in Hengkang Stock
To fully project Hengkang Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hengkang Medical 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 Hengkang Medical's income statement, its balance sheet, and the statement of cash flows.