StarPower Semiconductor Book Value Per Share vs. Total Debt
| 603290 Stock | 98.29 0.93 0.94% |
For StarPower Semiconductor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of StarPower Semiconductor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well StarPower Semiconductor utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between StarPower Semiconductor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of StarPower Semiconductor over time as well as its relative position and ranking within its peers.
StarPower |
StarPower Semiconductor Total Debt vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining StarPower Semiconductor's current stock value. Our valuation model uses many indicators to compare StarPower Semiconductor value to that of its competitors to determine the firm's financial worth. StarPower Semiconductor is number one stock in book value per share category among its peers. It also is the top company in total debt category among its peers making up about 72,234,275 of Total Debt per Book Value Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value StarPower Semiconductor by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for StarPower Semiconductor'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.StarPower Total Debt vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
StarPower Semiconductor |
| = | 27.53 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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.
StarPower Semiconductor |
| = | 1.99 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.
StarPower Total Debt vs Competition
StarPower Semiconductor is the top company in total debt category among its peers. Total debt of Information Technology industry is presently estimated at about 6.37 Billion. StarPower Semiconductor totals roughly 1.99 Billion in total debt claiming about 31% of equities under Information Technology industry.
StarPower Semiconductor Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in StarPower Semiconductor, profitability is also one of the essential criteria for including it into their portfolios because, without profit, StarPower Semiconductor will eventually generate negative long term returns. The profitability progress is the general direction of StarPower Semiconductor's change in net profit over the period of time. It can combine multiple indicators of StarPower Semiconductor, 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 Interest Income | 72.3 M | 75.9 M | |
| Interest Income | 74.9 M | 78.7 M | |
| Operating Income | 993.1 M | 1 B | |
| Net Income From Continuing Ops | 920.7 M | 966.7 M | |
| Income Before Tax | 1 B | 1.1 B | |
| Net Income Applicable To Common Shares | 458.1 M | 481 M | |
| Net Income | 910.5 M | 956.1 M | |
| Income Tax Expense | 62.7 M | 65.9 M | |
| Change To Netincome | 7.2 M | 6.2 M |
StarPower Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on StarPower Semiconductor. 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 StarPower Semiconductor 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 StarPower Semiconductor's important profitability drivers and their relationship over time.
Use StarPower Semiconductor 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 StarPower Semiconductor 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 StarPower Semiconductor will appreciate offsetting losses from the drop in the long position's value.StarPower Semiconductor Pair Trading
StarPower Semiconductor Pair Trading Analysis
The ability to find closely correlated positions to StarPower Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace StarPower Semiconductor 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 StarPower Semiconductor - 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 StarPower Semiconductor to buy it.
The correlation of StarPower Semiconductor 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 StarPower Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if StarPower Semiconductor 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 StarPower Semiconductor 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 StarPower Semiconductor position
In addition to having StarPower Semiconductor 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 StarPower Stock
To fully project StarPower Semiconductor's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of StarPower Semiconductor 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 StarPower Semiconductor's income statement, its balance sheet, and the statement of cash flows.