Akebono Brake Industry Stock Current Ratio
| AKBIF Stock | USD 0.71 0.00 0.00% |
Akebono Brake Industry fundamentals help investors to digest information that contributes to Akebono Brake's financial success or failures. It also enables traders to predict the movement of Akebono Pink Sheet. The fundamental analysis module provides a way to measure Akebono Brake'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 Akebono Brake pink sheet.
Akebono |
Akebono Brake Industry Company Current Ratio Analysis
Akebono Brake's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Akebono Brake Current Ratio | 2.28 X |
Most of Akebono Brake's fundamental indicators, such as Current Ratio, 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, Akebono Brake Industry is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Akebono Brake Industry has a Current Ratio of 2.28 times. This indicator is about the same for the Consumer Cyclical average (which is currently at 2.27) sector and 28.81% higher than that of the Auto Parts industry. The current ratio for all United States stocks is 5.56% lower than that of the firm.
Akebono Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Akebono Brake's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Akebono Brake could also be used in its relative valuation, which is a method of valuing Akebono Brake by comparing valuation metrics of similar companies.Akebono Brake is currently under evaluation in current ratio category among related companies.
Akebono Fundamentals
| Return On Equity | 0.0854 | |||
| Return On Asset | 0.004 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 329.88 M | |||
| Shares Outstanding | 133.58 M | |||
| Shares Owned By Insiders | 30.49 % | |||
| Shares Owned By Institutions | 9.11 % | |||
| Price To Earning | 17.00 X | |||
| Price To Book | 0.50 X | |||
| Price To Sales | 0 X | |||
| Revenue | 135.5 B | |||
| Gross Profit | 17.34 B | |||
| EBITDA | 12.17 B | |||
| Net Income | 4.15 B | |||
| Cash And Equivalents | 26.81 B | |||
| Cash Per Share | 200.68 X | |||
| Total Debt | 47.79 B | |||
| Debt To Equity | 0.95 % | |||
| Current Ratio | 2.28 X | |||
| Book Value Per Share | 345.66 X | |||
| Cash Flow From Operations | 5.47 B | |||
| Earnings Per Share | 0.10 X | |||
| Number Of Employees | 5.83 K | |||
| Beta | 0.65 | |||
| Market Capitalization | 152.32 M | |||
| Total Asset | 139.67 B | |||
| Retained Earnings | (22.2 B) | |||
| Working Capital | (9.07 B) | |||
| Current Asset | 70.54 B | |||
| Current Liabilities | 79.61 B | |||
| Net Asset | 139.67 B |
About Akebono Brake Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Akebono Brake Industry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Akebono Brake using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Akebono Brake Industry 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Akebono Brake in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Akebono Brake's short interest history, or implied volatility extrapolated from Akebono Brake options trading.
Pair Trading with Akebono Brake
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 Akebono Brake 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 Akebono Brake will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Akebono Brake could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akebono Brake 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 Akebono Brake - 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 Akebono Brake Industry to buy it.
The correlation of Akebono Brake 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 Akebono Brake moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akebono Brake Industry 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 Akebono Brake 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Akebono Brake Industry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Akebono Pink Sheet analysis
When running Akebono Brake's price analysis, check to measure Akebono Brake'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 Akebono Brake is operating at the current time. Most of Akebono Brake's value examination focuses on studying past and present price action to predict the probability of Akebono Brake's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akebono Brake's price. Additionally, you may evaluate how the addition of Akebono Brake to your portfolios can decrease your overall portfolio volatility.
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