Worldex Industry EBITDA vs. Total Debt
| 101160 Stock | KRW 15,530 30.00 0.19% |
For Worldex Industry profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Worldex Industry to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Worldex Industry Trading utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Worldex Industry's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Worldex Industry Trading over time as well as its relative position and ranking within its peers.
Worldex |
Worldex Industry Trading Total Debt vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Worldex Industry's current stock value. Our valuation model uses many indicators to compare Worldex Industry value to that of its competitors to determine the firm's financial worth. Worldex Industry Trading is number one stock in ebitda category among its peers. It is rated second in total debt category among its peers making up about 0.34 of Total Debt per EBITDA. The ratio of EBITDA to Total Debt for Worldex Industry Trading is roughly 2.91 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Worldex Industry by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Worldex Industry'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.Worldex Total Debt vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Worldex Industry |
| = | 47.29 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Worldex Industry |
| = | 16.27 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.
Worldex Total Debt vs Competition
Worldex Industry Trading is rated second in total debt category among its peers. Total debt of Information Technology industry is presently estimated at about 184.94 Billion. Worldex Industry holds roughly 16.27 Billion in total debt claiming about 9% of equities under Information Technology industry.
Worldex Industry Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Worldex Industry, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Worldex Industry will eventually generate negative long term returns. The profitability progress is the general direction of Worldex Industry's change in net profit over the period of time. It can combine multiple indicators of Worldex Industry, 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.
Worldex Industry Trading Co., Ltd. manufactures semiconductor and display materials, and consumable parts in South Korea. The company was founded in 2000 and is headquartered in Gumi, South Korea. Worldex is traded on Korean Securities Dealers Automated Quotations in South Korea.
Worldex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Worldex Industry. 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 Worldex Industry 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 Worldex Industry's important profitability drivers and their relationship over time.
Use Worldex Industry 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 Worldex Industry 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 Worldex Industry will appreciate offsetting losses from the drop in the long position's value.Worldex Industry Pair Trading
Worldex Industry Trading Pair Trading Analysis
The ability to find closely correlated positions to Worldex Industry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Worldex Industry 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 Worldex Industry - 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 Worldex Industry Trading to buy it.
The correlation of Worldex Industry 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 Worldex Industry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Worldex Industry Trading 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 Worldex Industry 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 Worldex Industry position
In addition to having Worldex Industry 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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Software
Companies that develop and distribute software and software systems to individuals or business. The Software theme has 43 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 Software Theme or any other thematic opportunities.
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Other Information on Investing in Worldex Stock
To fully project Worldex Industry's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Worldex Industry Trading 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 Worldex Industry's income statement, its balance sheet, and the statement of cash flows.