Hektas Ticaret Tas Stock Current Liabilities
| HEKTS Stock | TRY 14.60 0.33 2.21% |
Hektas Ticaret TAS fundamentals help investors to digest information that contributes to Hektas Ticaret's financial success or failures. It also enables traders to predict the movement of Hektas Stock. The fundamental analysis module provides a way to measure Hektas Ticaret's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hektas Ticaret stock.
Hektas |
Hektas Ticaret TAS Company Current Liabilities Analysis
Hektas Ticaret's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Hektas Ticaret Current Liabilities | 98 M |
Most of Hektas Ticaret's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hektas Ticaret TAS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
| Competition |
In accordance with the recently published financial statements, Hektas Ticaret TAS has a Current Liabilities of 98 M. This is 98.42% lower than that of the Chemicals sector and 86.99% lower than that of the Materials industry. The current liabilities for all Turkey stocks is 98.76% higher than that of the company.
Hektas Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hektas Ticaret's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hektas Ticaret could also be used in its relative valuation, which is a method of valuing Hektas Ticaret by comparing valuation metrics of similar companies.Hektas Ticaret is currently under evaluation in current liabilities category among related companies.
Hektas Fundamentals
| Return On Equity | 0.46 | |||
| Return On Asset | 0.14 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.33 % | |||
| Current Valuation | 103.95 B | |||
| Shares Outstanding | 2.53 B | |||
| Shares Owned By Insiders | 58.81 % | |||
| Shares Owned By Institutions | 4.14 % | |||
| Price To Earning | 9.67 X | |||
| Price To Book | 48.85 X | |||
| Price To Sales | 20.25 X | |||
| Revenue | 2.02 B | |||
| Gross Profit | 708.32 M | |||
| EBITDA | 589.63 M | |||
| Net Income | 325.76 M | |||
| Cash And Equivalents | 37.8 M | |||
| Cash Per Share | 0.50 X | |||
| Total Debt | 30.25 M | |||
| Debt To Equity | 161.50 % | |||
| Current Ratio | 1.69 X | |||
| Book Value Per Share | 1.62 X | |||
| Cash Flow From Operations | (463.58 M) | |||
| Earnings Per Share | 0.26 X | |||
| Target Price | 2.33 | |||
| Number Of Employees | 815 | |||
| Beta | 0.0657 | |||
| Market Capitalization | 70.38 B | |||
| Total Asset | 4.63 B | |||
| Retained Earnings | 41 M | |||
| Working Capital | 81 M | |||
| Current Asset | 179 M | |||
| Current Liabilities | 98 M | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 4.63 B |
About Hektas Ticaret Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hektas Ticaret TAS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hektas Ticaret using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hektas Ticaret TAS based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Hektas Ticaret
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 Hektas Ticaret 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 Hektas Ticaret will appreciate offsetting losses from the drop in the long position's value.Moving together with Hektas Stock
| 0.77 | ALKA | Alkim Kagit Sanayi | PairCorr |
Moving against Hektas Stock
| 0.69 | BAYRK | Bayrak EBT Taban | PairCorr |
| 0.59 | ATLAS | Atlas Menkul Kiymetler | PairCorr |
The ability to find closely correlated positions to Hektas Ticaret could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hektas Ticaret 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 Hektas Ticaret - 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 Hektas Ticaret TAS to buy it.
The correlation of Hektas Ticaret 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 Hektas Ticaret moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hektas Ticaret TAS 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 Hektas Ticaret 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hektas Ticaret TAS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Hektas Stock analysis
When running Hektas Ticaret's price analysis, check to measure Hektas Ticaret's 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 Hektas Ticaret is operating at the current time. Most of Hektas Ticaret's value examination focuses on studying past and present price action to predict the probability of Hektas Ticaret's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hektas Ticaret's price. Additionally, you may evaluate how the addition of Hektas Ticaret to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |