Sony Corp Debt to Equity vs. Current Ratio

SNEJF Stock  USD 86.66  0.64  0.74%   
Considering Sony Corp's profitability and operating efficiency indicators, Sony Corp may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Sony Corp's ability to earn profits and add value for shareholders.
For Sony Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sony Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sony Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sony Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sony Corp over time as well as its relative position and ranking within its peers.
  
Check out World Market Map.
Please note, there is a significant difference between Sony Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sony Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sony Corp'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.

Sony Corp Current Ratio vs. Debt to Equity Fundamental Analysis

Sony Current Ratio vs. Debt to Equity

Sony Corp

 = 
null
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.

Sony Corp

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
0.60 X
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).

Sony Current Ratio Comparison

Sony Corp is currently under evaluation in current ratio category among related companies.

Use Sony Corp 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 Sony Corp 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 Sony Corp will appreciate offsetting losses from the drop in the long position's value.

Sony Corp Pair Trading

Sony Corp Pair Trading Analysis

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

In addition to having Sony Corp 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 Long/short ETFs Thematic Idea Now

Long/short ETFs
Long/short ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 21 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 Long/short ETFs Theme or any other thematic opportunities.
View All  Next Launch
Check out World Market Map.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Sony Pink Sheet analysis

When running Sony Corp's price analysis, check to measure Sony Corp'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 Sony Corp is operating at the current time. Most of Sony Corp's value examination focuses on studying past and present price action to predict the probability of Sony Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sony Corp's price. Additionally, you may evaluate how the addition of Sony Corp 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
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Bonds Directory
Find actively traded corporate debentures issued by US companies
CEOs Directory
Screen CEOs from public companies around the world
To fully project Sony Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sony Corp 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 Sony Corp's income statement, its balance sheet, and the statement of cash flows.
Potential Sony Corp investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Sony Corp investors may work on each financial statement separately, they are all related. The changes in Sony Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sony Corp'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.