Kinea Indices Precos Fund Current Ratio

KNIP11 Fund  BRL 87.35  1.42  1.65%   
Kinea Indices Precos fundamentals help investors to digest information that contributes to Kinea Indices' financial success or failures. It also enables traders to predict the movement of Kinea Fund. The fundamental analysis module provides a way to measure Kinea Indices' 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 Kinea Indices fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Kinea Indices Precos Fund Current Ratio Analysis

Kinea Indices' 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
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, Kinea Indices Precos has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Financial family and 100.0% lower than that of the REIT - Diversified category. The current ratio for all Brazil funds is 100.0% higher than that of the company.

Kinea Current Ratio Peer Comparison

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

Kinea Fundamentals

About Kinea Indices Fundamental Analysis

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

Also Currently Popular

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.

Other Information on Investing in Kinea Fund

Kinea Indices financial ratios help investors to determine whether Kinea Fund 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 Kinea with respect to the benefits of owning Kinea Indices security.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Global Correlations
Find global opportunities by holding instruments from different markets