Petrochina Company Limited Stock Current Ratio

PC6 Stock  EUR 0.67  0.01  1.52%   
PetroChina Company Limited fundamentals help investors to digest information that contributes to PetroChina Company's financial success or failures. It also enables traders to predict the movement of PetroChina Stock. The fundamental analysis module provides a way to measure PetroChina 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 PetroChina Company stock.
  
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PetroChina Company Limited Company Current Ratio Analysis

PetroChina 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

More About Current Ratio | All Equity Analysis

Current PetroChina Company Current Ratio

    
  0.88 X  
Most of PetroChina 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, PetroChina Company Limited 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, PetroChina Company Limited has a Current Ratio of 0.88 times. This is 37.14% lower than that of the sector and 45.68% lower than that of the Current Ratio industry. The current ratio for all Germany stocks is 59.26% higher than that of the company.

PetroChina Current Ratio Peer Comparison

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

PetroChina Fundamentals

About PetroChina Company Fundamental Analysis

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

PetroChina Company financial ratios help investors to determine whether PetroChina 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 PetroChina with respect to the benefits of owning PetroChina Company security.