Chang Type Net Income vs. Total Debt
| 1541 Stock | TWD 27.70 0.50 1.84% |
For Chang Type profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chang Type to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chang Type Industrial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chang Type's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chang Type Industrial over time as well as its relative position and ranking within its peers.
Chang |
Chang Type Industrial Total Debt vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chang Type's current stock value. Our valuation model uses many indicators to compare Chang Type value to that of its competitors to determine the firm's financial worth. Chang Type Industrial is number one stock in net income category among its peers. It also is the top company in total debt category among its peers making up about 3.34 of Total Debt per Net Income. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Chang Type's earnings, one of the primary drivers of an investment's value.Chang Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Chang Type |
| = | 299.26 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Chang Type |
| = | 999.75 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.
Chang Total Debt vs Competition
Chang Type Industrial is the top company in total debt category among its peers. Total debt of Consumer Discretionary industry is presently estimated at about 189.13 Billion. Chang Type maintains roughly 999.75 Million in total debt contributing less than 1% to stocks in Consumer Discretionary industry.
Chang Type Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chang Type, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chang Type will eventually generate negative long term returns. The profitability progress is the general direction of Chang Type's change in net profit over the period of time. It can combine multiple indicators of Chang Type, 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.
CHANG TYPE Industrial Co., Ltd. researches, develops, manufactures, and sells power tools in Taiwan and internationally. The company was founded in 1989 and is based in Taichung, Taiwan. CHANG TYPE operates under Diversified Industrials classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 440 people.
Chang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chang Type. 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 Chang Type 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 Chang Type's important profitability drivers and their relationship over time.
Use Chang Type 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 Chang Type 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 Chang Type will appreciate offsetting losses from the drop in the long position's value.Chang Type Pair Trading
Chang Type Industrial Pair Trading Analysis
The ability to find closely correlated positions to Chang Type could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chang Type 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 Chang Type - 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 Chang Type Industrial to buy it.
The correlation of Chang Type 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 Chang Type moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chang Type Industrial 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 Chang Type 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 Chang Type position
In addition to having Chang Type 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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Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 38 constituents at this time.
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Additional Tools for Chang Stock Analysis
When running Chang Type's price analysis, check to measure Chang Type'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 Chang Type is operating at the current time. Most of Chang Type's value examination focuses on studying past and present price action to predict the probability of Chang Type's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chang Type's price. Additionally, you may evaluate how the addition of Chang Type to your portfolios can decrease your overall portfolio volatility.