Brown Forman P Stock Current Ratio

BROWN FORMAN P fundamentals help investors to digest information that contributes to BROWN FORMAN's financial success or failures. It also enables traders to predict the movement of BROWN Stock. The fundamental analysis module provides a way to measure BROWN FORMAN'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 BROWN FORMAN stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

BROWN FORMAN P Company Current Ratio Analysis

BROWN FORMAN'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 BROWN FORMAN Current Ratio

    
  2.98 X  
Most of BROWN FORMAN'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, BROWN FORMAN P 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, BROWN FORMAN P has a Current Ratio of 2.98 times. This is 49.75% higher than that of the sector and 25.69% lower than that of the Current Ratio industry. The current ratio for all United States stocks is 37.96% lower than that of the firm.

BROWN Current Ratio Peer Comparison

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

BROWN Fundamentals

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Other Tools for BROWN Stock

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