Ningbo Fujia Shares Outstanding vs. Total Debt
| 603219 Stock | 14.68 0.24 1.61% |
For Ningbo Fujia profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ningbo Fujia to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ningbo Fujia Industrial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ningbo Fujia's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ningbo Fujia Industrial over time as well as its relative position and ranking within its peers.
Ningbo |
Ningbo Fujia Industrial Total Debt vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ningbo Fujia's current stock value. Our valuation model uses many indicators to compare Ningbo Fujia value to that of its competitors to determine the firm's financial worth. Ningbo Fujia Industrial is number one stock in shares outstanding category among its peers. It also is the top company in total debt category among its peers making up about 0.15 of Total Debt per Shares Outstanding. The ratio of Shares Outstanding to Total Debt for Ningbo Fujia Industrial is roughly 6.46 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ningbo Fujia by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ningbo Fujia'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.Ningbo Total Debt vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Ningbo Fujia |
| = | 561.4 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Ningbo Fujia |
| = | 86.84 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.
Ningbo Total Debt vs Competition
Ningbo Fujia Industrial is the top company in total debt category among its peers. Total debt of Consumer Discretionary industry is presently estimated at about 16.34 Billion. Ningbo Fujia maintains roughly 86.84 Million in total debt contributing less than 1% to stocks in Consumer Discretionary industry.
Ningbo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ningbo Fujia. 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 Ningbo Fujia 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 Ningbo Fujia's important profitability drivers and their relationship over time.
Use Ningbo Fujia 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 Ningbo Fujia 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 Ningbo Fujia will appreciate offsetting losses from the drop in the long position's value.Ningbo Fujia Pair Trading
Ningbo Fujia Industrial Pair Trading Analysis
The ability to find closely correlated positions to Ningbo Fujia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ningbo Fujia 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 Ningbo Fujia - 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 Ningbo Fujia Industrial to buy it.
The correlation of Ningbo Fujia 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 Ningbo Fujia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ningbo Fujia 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 Ningbo Fujia 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 Ningbo Fujia position
In addition to having Ningbo Fujia 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?
Run Agriculture Thematic Idea Now
Agriculture
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Agriculture theme has 30 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 Agriculture Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Ningbo Stock
To fully project Ningbo Fujia's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ningbo Fujia Industrial 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 Ningbo Fujia's income statement, its balance sheet, and the statement of cash flows.