Haad Thip Public Stock Current Ratio

HTC Stock  THB 16.50  0.50  3.13%   
Haad Thip Public fundamentals help investors to digest information that contributes to Haad Thip's financial success or failures. It also enables traders to predict the movement of Haad Stock. The fundamental analysis module provides a way to measure Haad Thip'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 Haad Thip 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.

Haad Thip Public Company Current Ratio Analysis

Haad Thip'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 Haad Thip Current Ratio

    
  1.07 X  
Most of Haad Thip'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, Haad Thip Public 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, Haad Thip Public has a Current Ratio of 1.07 times. This is 46.23% lower than that of the Beverages sector and 50.23% lower than that of the Consumer Staples industry. The current ratio for all Thailand stocks is 50.46% higher than that of the company.

Haad Current Ratio Peer Comparison

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

Haad Fundamentals

About Haad Thip Fundamental Analysis

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

Haad Thip financial ratios help investors to determine whether Haad 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 Haad with respect to the benefits of owning Haad Thip security.