Konecranes Plc Stock Current Ratio

KNCRF Stock  USD 65.50  0.00  0.00%   
Konecranes Plc fundamentals help investors to digest information that contributes to Konecranes Plc's financial success or failures. It also enables traders to predict the movement of Konecranes Pink Sheet. The fundamental analysis module provides a way to measure Konecranes Plc'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 Konecranes Plc pink sheet.
  
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Konecranes Plc Company Current Ratio Analysis

Konecranes Plc'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 Konecranes Plc Current Ratio

    
  1.27 X  
Most of Konecranes Plc'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, Konecranes Plc 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, Konecranes Plc has a Current Ratio of 1.27 times. This is 38.35% lower than that of the Industrials sector and significantly higher than that of the Farm & Heavy Construction Machinery industry. The current ratio for all United States stocks is 41.2% higher than that of the company.

Konecranes Current Ratio Peer Comparison

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

Konecranes Fundamentals

About Konecranes Plc Fundamental Analysis

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

Konecranes Plc financial ratios help investors to determine whether Konecranes Pink Sheet 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 Konecranes with respect to the benefits of owning Konecranes Plc security.