Axiata Group Total Debt vs. Return On Equity
| 6888 Stock | 2.37 0.01 0.42% |
For Axiata Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Axiata Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Axiata Group Bhd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Axiata Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Axiata Group Bhd over time as well as its relative position and ranking within its peers.
Axiata |
Axiata Group Bhd Return On Equity vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Axiata Group's current stock value. Our valuation model uses many indicators to compare Axiata Group value to that of its competitors to determine the firm's financial worth. Axiata Group Bhd is the top company in total debt category among its peers. It also is number one stock in return on equity category among its peers . 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 Axiata Group's earnings, one of the primary drivers of an investment's value.Axiata Total Debt vs. Competition
Axiata Group Bhd is the top company in total debt category among its peers. Total debt of Telecommunications Services industry is presently estimated at about 30.58 Billion. Axiata Group totals roughly 23.23 Billion in total debt claiming about 76% of equities listed under Telecommunications Services industry.
Axiata Return On Equity vs. Total Debt
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.
Axiata Group |
| = | 23.23 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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Axiata Group |
| = | -0.5 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Axiata Return On Equity Comparison
Axiata Group is currently under evaluation in return on equity category among its peers.
Axiata Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Axiata Group. 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 Axiata Group 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 Axiata Group's important profitability drivers and their relationship over time.
Use Axiata Group 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 Axiata Group 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 Axiata Group will appreciate offsetting losses from the drop in the long position's value.Axiata Group Pair Trading
Axiata Group Bhd Pair Trading Analysis
The ability to find closely correlated positions to Axiata Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axiata Group 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 Axiata Group - 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 Axiata Group Bhd to buy it.
The correlation of Axiata Group 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 Axiata Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axiata Group Bhd 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 Axiata Group 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 Axiata Group position
In addition to having Axiata Group 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 Apparel Thematic Idea Now
Apparel
Companies manufacturing textile accessories and apparel products. The Apparel theme has 42 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 Apparel Theme or any other thematic opportunities.
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Other Information on Investing in Axiata Stock
To fully project Axiata Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Axiata Group Bhd 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 Axiata Group's income statement, its balance sheet, and the statement of cash flows.