Furukawa Electric Current Asset vs. Current Ratio
| FUWAY Stock | USD 10.90 0.08 0.74% |
For Furukawa Electric profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Furukawa Electric to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Furukawa Electric Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Furukawa Electric's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Furukawa Electric Co over time as well as its relative position and ranking within its peers.
Furukawa |
Furukawa Electric Current Ratio vs. Current Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Furukawa Electric's current stock value. Our valuation model uses many indicators to compare Furukawa Electric value to that of its competitors to determine the firm's financial worth. Furukawa Electric Co is one of the top stocks in current asset category among related companies. It is one of the top stocks in current ratio category among related companies . The ratio of Current Asset to Current Ratio for Furukawa Electric Co is about 261,926,717,557 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Furukawa Electric by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Furukawa Electric's Pink Sheet. 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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Furukawa Electric's earnings, one of the primary drivers of an investment's value.Furukawa Current Ratio vs. Current Asset
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.
Furukawa Electric |
| = | 343.12 B |
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.
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.
Furukawa Electric |
| = | 1.31 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).
Furukawa Current Ratio Comparison
Furukawa Electric is currently under evaluation in current ratio category among related companies.
Furukawa Electric Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Furukawa Electric, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Furukawa Electric will eventually generate negative long term returns. The profitability progress is the general direction of Furukawa Electric's change in net profit over the period of time. It can combine multiple indicators of Furukawa Electric, 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.
Furukawa Electric Co., Ltd. manufactures and sells telecommunications, energy, automobile, electronic, and construction products worldwide. Furukawa Electric Co., Ltd. was founded in 1884 and is headquartered in Tokyo, Japan. Furukawa Elec operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. It employs 50867 people.
Furukawa Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Furukawa Electric. 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 Furukawa Electric 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 Furukawa Electric's important profitability drivers and their relationship over time.
Use Furukawa Electric 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 Furukawa Electric 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 Furukawa Electric will appreciate offsetting losses from the drop in the long position's value.Furukawa Electric Pair Trading
Furukawa Electric Co Pair Trading Analysis
The ability to find closely correlated positions to Furukawa Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Furukawa Electric 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 Furukawa Electric - 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 Furukawa Electric Co to buy it.
The correlation of Furukawa Electric 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 Furukawa Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Furukawa Electric 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 Furukawa Electric 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.Use Investing Themes to Complement your Furukawa Electric position
In addition to having Furukawa Electric 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?
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Check out Investing Opportunities. Note that the Furukawa Electric information on this page should be used as a complementary analysis to other Furukawa Electric's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Furukawa Pink Sheet analysis
When running Furukawa Electric's price analysis, check to measure Furukawa Electric'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 Furukawa Electric is operating at the current time. Most of Furukawa Electric's value examination focuses on studying past and present price action to predict the probability of Furukawa Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Furukawa Electric's price. Additionally, you may evaluate how the addition of Furukawa Electric to your portfolios can decrease your overall portfolio volatility.
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To fully project Furukawa Electric's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Furukawa Electric 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 Furukawa Electric's income statement, its balance sheet, and the statement of cash flows.