Ping Identity Holding Stock Current Ratio
Ping Identity Holding fundamentals help investors to digest information that contributes to Ping Identity's financial success or failures. It also enables traders to predict the movement of Ping Stock. The fundamental analysis module provides a way to measure Ping Identity'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 Ping Identity stock.
Ping |
Ping Identity Holding Company Current Ratio Analysis
Ping Identity'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 Ping Identity Current Ratio | 3.01 X |
Most of Ping Identity'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, Ping Identity Holding 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).
CompetitionIn accordance with the recently published financial statements, Ping Identity Holding has a Current Ratio of 3.01 times. This is 6.36% higher than that of the Technology sector and significantly higher than that of the Software—Infrastructure industry. The current ratio for all United States stocks is 39.35% lower than that of the firm.
Ping Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ping Identity'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 Ping Identity could also be used in its relative valuation, which is a method of valuing Ping Identity by comparing valuation metrics of similar companies.Ping Identity is currently under evaluation in current ratio category among its peers.
Ping Fundamentals
| Return On Equity | -14.78 | |||
| Return On Asset | -6.07 | |||
| Profit Margin | (34.24) % | |||
| Operating Margin | (32.87) % | |||
| Current Valuation | 2.55 B | |||
| Shares Outstanding | 83.58 M | |||
| Shares Owned By Insiders | 6.54 % | |||
| Shares Owned By Institutions | 93.82 % | |||
| Number Of Shares Shorted | 6.1 M | |||
| Price To Book | 3.15 X | |||
| Price To Sales | 7.73 X | |||
| Revenue | 308.32 M | |||
| Gross Profit | 231.51 M | |||
| EBITDA | (78.4 M) | |||
| Net Income | (105.58 M) | |||
| Cash And Equivalents | 210.3 M | |||
| Cash Per Share | 2.45 X | |||
| Total Debt | 308.11 M | |||
| Debt To Equity | 0.44 % | |||
| Current Ratio | 3.01 X | |||
| Book Value Per Share | 9.06 X | |||
| Cash Flow From Operations | (5.99 M) | |||
| Short Ratio | 2.15 X | |||
| Earnings Per Share | (0.51) X | |||
| Price To Earnings To Growth | 8.77 X | |||
| Number Of Employees | 1.25 K | |||
| Beta | 0.6 | |||
| Market Capitalization | 2.38 B | |||
| Total Asset | 881.32 M | |||
| Retained Earnings | (2.99 M) | |||
| Working Capital | 97.03 M | |||
| Current Asset | 157.4 M | |||
| Current Liabilities | 60.36 M | |||
| Z Score | 4.2 |
Currently Active Assets on Macroaxis
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in Ping Stock
If you are still planning to invest in Ping Identity Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ping Identity's history and understand the potential risks before investing.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |