Assoc Br Foods Stock Current Ratio

AFO2 Stock  EUR 24.20  0.20  0.82%   
Fundamental analysis of ASSOC BR allows traders to better anticipate movements in ASSOC BR's stock price by examining its financial health and performance throughout various phases of its business cycle.
  
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ASSOC BR FOODS Company Current Ratio Analysis

ASSOC BR'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 Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current ASSOC BR Current Ratio

    
  1.73 X  
Most of ASSOC BR'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, ASSOC BR FOODS 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, ASSOC BR FOODS has a Current Ratio of 1.73 times. This is 13.07% lower than that of the Consumer Defensive sector and 42.52% lower than that of the Packaged Foods industry. The current ratio for all Germany stocks is 19.91% higher than that of the company.

ASSOC Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ASSOC BR's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ASSOC BR could also be used in its relative valuation, which is a method of valuing ASSOC BR by comparing valuation metrics of similar companies.
ASSOC BR is currently under evaluation in current ratio category among its peers.

ASSOC Fundamentals

About ASSOC BR Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ASSOC BR FOODS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASSOC BR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASSOC BR FOODS 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.

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Other Information on Investing in ASSOC Stock

ASSOC BR financial ratios help investors to determine whether ASSOC 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 ASSOC with respect to the benefits of owning ASSOC BR security.