Bico Group Ab Stock Current Ratio

BCCOY Stock  USD 0.88  0.00  0.00%   
BICO Group AB fundamentals help investors to digest information that contributes to BICO Group's financial success or failures. It also enables traders to predict the movement of BICO Pink Sheet. The fundamental analysis module provides a way to measure BICO Group'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 BICO Group pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

BICO Group AB Company Current Ratio Analysis

BICO Group'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 BICO Group Current Ratio

    
  2.35 X  
Most of BICO Group'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, BICO Group AB 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, BICO Group AB has a Current Ratio of 2.35 times. This is 19.24% lower than that of the Healthcare sector and 30.88% lower than that of the Medical Devices industry. The current ratio for all United States stocks is 8.8% lower than that of the firm.

BICO Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BICO Group'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 BICO Group could also be used in its relative valuation, which is a method of valuing BICO Group by comparing valuation metrics of similar companies.
BICO Group is currently under evaluation in current ratio category among its peers.

BICO Fundamentals

About BICO Group Fundamental Analysis

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

When running BICO Group's price analysis, check to measure BICO Group'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 BICO Group is operating at the current time. Most of BICO Group's value examination focuses on studying past and present price action to predict the probability of BICO Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BICO Group's price. Additionally, you may evaluate how the addition of BICO Group to your portfolios can decrease your overall portfolio volatility.