Mccormick Company Incorporated Preferred Stock Current Ratio

MKC-V Preferred Stock  USD 78.36  0.87  1.12%   
McCormick Company Incorporated fundamentals help investors to digest information that contributes to McCormick Company's financial success or failures. It also enables traders to predict the movement of McCormick Preferred Stock. The fundamental analysis module provides a way to measure McCormick Company'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 McCormick Company preferred stock.
  
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McCormick Company Incorporated Company Current Ratio Analysis

McCormick Company'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

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Current McCormick Company Current Ratio

    
  0.79 X  
Most of McCormick Company'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, McCormick Company Incorporated 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, McCormick Company Incorporated has a Current Ratio of 0.79 times. This is 60.3% lower than that of the Consumer Defensive sector and 73.75% lower than that of the Packaged Foods industry. The current ratio for all United States preferred stocks is 63.43% higher than that of the company.

McCormick Current Ratio Peer Comparison

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

McCormick Fundamentals

About McCormick Company Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for McCormick Preferred Stock Analysis

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