Premier Products Public Stock Current Ratio

PPP Stock  THB 1.46  0.04  2.82%   
Premier Products Public fundamentals help investors to digest information that contributes to Premier Products' financial success or failures. It also enables traders to predict the movement of Premier Stock. The fundamental analysis module provides a way to measure Premier Products' 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 Premier Products stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Premier Products Public Company Current Ratio Analysis

Premier Products' 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 Premier Products Current Ratio

    
  0.89 X  
Most of Premier Products' 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, Premier Products Public 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, Premier Products Public has a Current Ratio of 0.89 times. This is 56.8% lower than that of the Building Products sector and 71.47% lower than that of the Industrials industry. The current ratio for all Thailand stocks is 58.8% higher than that of the company.

Premier Current Ratio Peer Comparison

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

Premier Fundamentals

About Premier Products Fundamental Analysis

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Premier Stock

Premier Products financial ratios help investors to determine whether Premier 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 Premier with respect to the benefits of owning Premier Products security.