Asia Energy Logistgrsub Stock Cash And Equivalents
| EJ1C Stock | EUR 0.02 0.0005 2.44% |
ASIA ENERGY LOGISTGRSUB fundamentals help investors to digest information that contributes to ASIA ENERGY's financial success or failures. It also enables traders to predict the movement of ASIA Stock. The fundamental analysis module provides a way to measure ASIA ENERGY'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 ASIA ENERGY stock.
ASIA |
ASIA ENERGY LOGISTGRSUB Company Cash And Equivalents Analysis
ASIA ENERGY's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current ASIA ENERGY Cash And Equivalents | 81.72 M |
Most of ASIA ENERGY's fundamental indicators, such as Cash And Equivalents, 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, ASIA ENERGY LOGISTGRSUB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, ASIA ENERGY LOGISTGRSUB has 81.72 M in Cash And Equivalents. This is 79.21% lower than that of the Industrials sector and significantly higher than that of the Marine Shipping industry. The cash and equivalents for all Germany stocks is 96.98% higher than that of the company.
ASIA Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ASIA ENERGY's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ASIA ENERGY could also be used in its relative valuation, which is a method of valuing ASIA ENERGY by comparing valuation metrics of similar companies.ASIA ENERGY is currently under evaluation in cash and equivalents category among related companies.
ASIA Fundamentals
| Return On Equity | -0.33 | |||
| Return On Asset | -0.13 | |||
| Profit Margin | (0.87) % | |||
| Operating Margin | (0.72) % | |||
| Shares Outstanding | 1.69 B | |||
| Shares Owned By Insiders | 64.89 % | |||
| Price To Earning | 1.33 X | |||
| Revenue | 74.98 M | |||
| Gross Profit | (3.6 M) | |||
| EBITDA | (40.14 M) | |||
| Net Income | (48.45 M) | |||
| Cash And Equivalents | 81.72 M | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 24.51 M | |||
| Debt To Equity | 0.1 % | |||
| Current Ratio | 10.57 X | |||
| Book Value Per Share | 0.09 X | |||
| Earnings Per Share | (0) X | |||
| Number Of Employees | 55 | |||
| Beta | -0.28 | |||
| Market Capitalization | 40.99 M | |||
| Z Score | 0.6 |
About ASIA ENERGY Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ASIA ENERGY LOGISTGRSUB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASIA ENERGY using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASIA ENERGY LOGISTGRSUB 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 ASIA ENERGY
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 ASIA ENERGY 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 ASIA ENERGY will appreciate offsetting losses from the drop in the long position's value.Moving together with ASIA Stock
| 0.64 | 2SV | ZIM Integrated Shipping | PairCorr |
Moving against ASIA Stock
| 0.58 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.43 | 1DH | Clarkson PLC | PairCorr |
The ability to find closely correlated positions to ASIA ENERGY could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASIA ENERGY 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 ASIA ENERGY - 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 ASIA ENERGY LOGISTGRSUB to buy it.
The correlation of ASIA ENERGY 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 ASIA ENERGY moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASIA ENERGY LOGISTGRSUB 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 ASIA ENERGY 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ASIA ENERGY LOGISTGRSUB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for ASIA Stock analysis
When running ASIA ENERGY's price analysis, check to measure ASIA ENERGY'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 ASIA ENERGY is operating at the current time. Most of ASIA ENERGY's value examination focuses on studying past and present price action to predict the probability of ASIA ENERGY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASIA ENERGY's price. Additionally, you may evaluate how the addition of ASIA ENERGY to your portfolios can decrease your overall portfolio volatility.
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