Ratchthani Leasing Return On Asset vs. Shares Outstanding

THANI Stock  THB 1.62  0.04  2.41%   
Considering the key profitability indicators obtained from Ratchthani Leasing's historical financial statements, Ratchthani Leasing Public 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 Ratchthani Leasing's ability to earn profits and add value for shareholders.
For Ratchthani Leasing profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ratchthani Leasing to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ratchthani Leasing Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ratchthani Leasing's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ratchthani Leasing Public over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Ratchthani Leasing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ratchthani Leasing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ratchthani Leasing's 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.

Ratchthani Leasing Public Shares Outstanding vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ratchthani Leasing's current stock value. Our valuation model uses many indicators to compare Ratchthani Leasing value to that of its competitors to determine the firm's financial worth.
Ratchthani Leasing Public is rated fifth in return on asset category among its peers. It is currently regarded as top stock in shares outstanding category among its peers creating about  157,306,382,222  of Shares Outstanding per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ratchthani Leasing by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ratchthani Leasing'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.

Ratchthani Shares Outstanding vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Ratchthani Leasing

Return On Asset

 = 

Net Income

Total Assets

 = 
0.036
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.

Ratchthani Leasing

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
5.66 B
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.

Ratchthani Shares Outstanding Comparison

Ratchthani Leasing is currently under evaluation in shares outstanding category among its peers.

Ratchthani Leasing Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ratchthani Leasing, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ratchthani Leasing will eventually generate negative long term returns. The profitability progress is the general direction of Ratchthani Leasing's change in net profit over the period of time. It can combine multiple indicators of Ratchthani Leasing, 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.
Ratchthani Leasing Public Company Limited, together with its subsidiary, provides hire-purchase and leasing services in Thailand. Ratchthani Leasing Public Company Limited is a subsidiary of Thanachart Bank Public Company Limited. RATCHTHANI LEASING operates under Credit Services classification in Thailand and is traded on Stock Exchange of Thailand.

Ratchthani Profitability Driver Comparison

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

Use Ratchthani Leasing 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 Ratchthani Leasing 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 Ratchthani Leasing will appreciate offsetting losses from the drop in the long position's value.

Ratchthani Leasing Pair Trading

Ratchthani Leasing Public Pair Trading Analysis

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

In addition to having Ratchthani Leasing 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.

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Other Information on Investing in Ratchthani Stock

To fully project Ratchthani Leasing's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ratchthani Leasing Public 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 Ratchthani Leasing's income statement, its balance sheet, and the statement of cash flows.
Potential Ratchthani Leasing investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Ratchthani Leasing investors may work on each financial statement separately, they are all related. The changes in Ratchthani Leasing's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ratchthani Leasing's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.