Kyung Chang Industrial Stock Current Asset
| 024910 Stock | KRW 2,175 10.00 0.46% |
Kyung Chang Industrial fundamentals help investors to digest information that contributes to Kyung Chang's financial success or failures. It also enables traders to predict the movement of Kyung Stock. The fundamental analysis module provides a way to measure Kyung Chang'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 Kyung Chang stock.
Kyung |
Kyung Chang Industrial Company Current Asset Analysis
Kyung Chang's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Kyung Chang Current Asset | 197.85 B |
Most of Kyung Chang's fundamental indicators, such as Current Asset, 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, Kyung Chang Industrial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
| Competition |
In accordance with the recently published financial statements, Kyung Chang Industrial has a Current Asset of 197.85 B. This is much higher than that of the Auto Components sector and significantly higher than that of the Consumer Discretionary industry. The current asset for all Republic of Korea stocks is notably lower than that of the firm.
Did you try this?
Run ETFs Now
ETFsFind actively traded Exchange Traded Funds (ETF) from around the world |
| All Next | Launch Module |
Kyung Fundamentals
| Return On Equity | 9.98 | |||
| Return On Asset | 0.0347 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 369.11 B | |||
| Shares Outstanding | 35.37 M | |||
| Shares Owned By Insiders | 49.67 % | |||
| Shares Owned By Institutions | 0.20 % | |||
| Price To Earning | 11.01 X | |||
| Price To Sales | 0.12 X | |||
| Revenue | 563.66 B | |||
| Gross Profit | 53.99 B | |||
| EBITDA | 62.75 B | |||
| Net Income | 3.59 B | |||
| Cash And Equivalents | 26.15 B | |||
| Cash Per Share | 656.14 X | |||
| Total Debt | 98.16 B | |||
| Debt To Equity | 221.20 % | |||
| Current Ratio | 0.58 X | |||
| Cash Flow From Operations | 64.4 B | |||
| Target Price | 9000.0 | |||
| Number Of Employees | 999 | |||
| Beta | 1.7 | |||
| Market Capitalization | 74.45 B | |||
| Total Asset | 506.96 B | |||
| Retained Earnings | 92.1 B | |||
| Working Capital | (139.7 B) | |||
| Current Asset | 197.85 B | |||
| Current Liabilities | 337.55 B | |||
| Z Score | 1.0 | |||
| Net Asset | 506.96 B |
About Kyung Chang Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kyung Chang Industrial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kyung Chang using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kyung Chang Industrial 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 Kyung Chang
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 Kyung Chang 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 Kyung Chang will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Kyung Chang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kyung Chang 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 Kyung Chang - 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 Kyung Chang Industrial to buy it.
The correlation of Kyung Chang 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 Kyung Chang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kyung Chang Industrial 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 Kyung Chang 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.Other Information on Investing in Kyung Stock
Kyung Chang financial ratios help investors to determine whether Kyung Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kyung with respect to the benefits of owning Kyung Chang security.