Bosung Power Cash And Equivalents vs. Current Valuation
| 006910 Stock | KRW 2,540 45.00 1.74% |
For Bosung Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bosung Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bosung Power Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bosung Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bosung Power Technology over time as well as its relative position and ranking within its peers.
Bosung |
Bosung Power Technology Current Valuation vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bosung Power's current stock value. Our valuation model uses many indicators to compare Bosung Power value to that of its competitors to determine the firm's financial worth. Bosung Power Technology is number one stock in cash and equivalents category among its peers. It also is the top company in current valuation category among its peers reporting about 7.52 of Current Valuation per Cash And Equivalents. Comparative valuation analysis is a catch-all model that can be used if you cannot value Bosung Power by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bosung Power'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.Bosung Current Valuation vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Bosung Power |
| = | 24.49 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.
Bosung Power |
| = | 184.06 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.
Bosung Current Valuation vs Competition
Bosung Power Technology is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 2.08 Trillion. Bosung Power holds roughly 184.06 Billion in current valuation claiming about 9% of equities under Industrials industry.
Bosung Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bosung Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bosung Power will eventually generate negative long term returns. The profitability progress is the general direction of Bosung Power's change in net profit over the period of time. It can combine multiple indicators of Bosung Power, 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.
Bosung Power Technology Co., Ltd engages in the development, manufacture, and sale of electric power equipment in South Korea. Bosung Powertec was founded in 1970 and is based in Chungju, South Korea. BOSUNG POWER is traded on Korean Securities Dealers Automated Quotations in South Korea.
Bosung Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bosung Power. 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 Bosung Power 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 Bosung Power's important profitability drivers and their relationship over time.
Use Bosung Power 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 Bosung Power 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 Bosung Power will appreciate offsetting losses from the drop in the long position's value.Bosung Power Pair Trading
Bosung Power Technology Pair Trading Analysis
The ability to find closely correlated positions to Bosung Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bosung Power 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 Bosung Power - 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 Bosung Power Technology to buy it.
The correlation of Bosung Power 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 Bosung Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bosung Power Technology 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 Bosung Power 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 Bosung Power position
In addition to having Bosung Power 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 Bosung Stock
To fully project Bosung Power's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bosung Power Technology 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 Bosung Power's income statement, its balance sheet, and the statement of cash flows.