Ledtech Electronics Cash And Equivalents vs. Revenue

6164 Stock  TWD 13.95  0.05  0.36%   
Based on Ledtech Electronics' profitability indicators, Ledtech Electronics Corp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Ledtech Electronics' ability to earn profits and add value for shareholders.
For Ledtech Electronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ledtech Electronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ledtech Electronics Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ledtech Electronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ledtech Electronics Corp over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
Please note, there is a significant difference between Ledtech Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ledtech Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ledtech Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ledtech Electronics Corp Revenue vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ledtech Electronics's current stock value. Our valuation model uses many indicators to compare Ledtech Electronics value to that of its competitors to determine the firm's financial worth.
Ledtech Electronics Corp is number one stock in cash and equivalents category among its peers. It also is the top company in revenue category among its peers totaling about  1.44  of Revenue per Cash And Equivalents. 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 Ledtech Electronics' earnings, one of the primary drivers of an investment's value.

Ledtech Revenue 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.

Ledtech Electronics

Cash

 = 

Bank Deposits

+

Liquidities

 = 
663.6 M
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).
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Ledtech Electronics

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
954.54 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Ledtech Revenue vs Competition

Ledtech Electronics Corp is the top company in revenue category among its peers. Market size based on revenue of Information Technology industry is presently estimated at about 69.7 Billion. Ledtech Electronics claims roughly 954.54 Million in revenue contributing just under 2% to equities under Information Technology industry.

Ledtech Electronics Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ledtech Electronics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ledtech Electronics will eventually generate negative long term returns. The profitability progress is the general direction of Ledtech Electronics' change in net profit over the period of time. It can combine multiple indicators of Ledtech Electronics, 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.
Ledtech Electronics Corp. produces and sells LED lamps and displays in Taiwan and internationally. The company was founded in 1977 and is headquartered in New Taipei City, Taiwan. LEDTECH ELECTRONICS operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.

Ledtech Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Ledtech Electronics. 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 Ledtech Electronics 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 Ledtech Electronics' important profitability drivers and their relationship over time.

Use Ledtech Electronics 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 Ledtech Electronics 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 Ledtech Electronics will appreciate offsetting losses from the drop in the long position's value.

Ledtech Electronics Pair Trading

Ledtech Electronics Corp Pair Trading Analysis

The ability to find closely correlated positions to Ledtech Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ledtech Electronics 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 Ledtech Electronics - 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 Ledtech Electronics Corp to buy it.
The correlation of Ledtech Electronics 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 Ledtech Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ledtech Electronics Corp 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 Ledtech Electronics 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Ledtech Electronics position

In addition to having Ledtech Electronics 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 Size And Style ETFs Thematic Idea Now

Size And Style ETFs
Size And Style ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Size And Style ETFs theme has 1105 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 Size And Style ETFs Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for Ledtech Stock Analysis

When running Ledtech Electronics' price analysis, check to measure Ledtech Electronics' 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 Ledtech Electronics is operating at the current time. Most of Ledtech Electronics' value examination focuses on studying past and present price action to predict the probability of Ledtech Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ledtech Electronics' price. Additionally, you may evaluate how the addition of Ledtech Electronics to your portfolios can decrease your overall portfolio volatility.