Galp Energia Sgps Stock Current Ratio

GLPEF Stock  USD 17.18  0.23  1.32%   
Galp Energia SGPS fundamentals help investors to digest information that contributes to Galp Energia's financial success or failures. It also enables traders to predict the movement of Galp OTC Stock. The fundamental analysis module provides a way to measure Galp Energia'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 Galp Energia otc 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.

Galp Energia SGPS OTC Stock Current Ratio Analysis

Galp Energia'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 Galp Energia Current Ratio

    
  1.33 X  
Most of Galp Energia'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, Galp Energia SGPS 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, Galp Energia SGPS has a Current Ratio of 1.33 times. This is 5.0% lower than that of the Energy sector and 17.9% lower than that of the Oil & Gas Integrated industry. The current ratio for all United States stocks is 38.43% higher than that of the company.

Galp Current Ratio Peer Comparison

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

Galp Fundamentals

About Galp Energia Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Galp Energia SGPS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Galp Energia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Galp Energia SGPS based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Galp OTC Stock

Galp Energia financial ratios help investors to determine whether Galp OTC 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 Galp with respect to the benefits of owning Galp Energia security.