Queenco L Stock Current Ratio
QNCO Stock | ILA 744.90 5.10 0.68% |
Queenco L fundamentals help investors to digest information that contributes to Queenco L's financial success or failures. It also enables traders to predict the movement of Queenco Stock. The fundamental analysis module provides a way to measure Queenco L'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 Queenco L stock.
Queenco |
Queenco L Company Current Ratio Analysis
Queenco L'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 Queenco L Current Ratio | 0.38 X |
Most of Queenco L'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, Queenco L 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, Queenco L has a Current Ratio of 0.38 times. This is 83.26% lower than that of the Hotels, Restaurants & Leisure sector and 80.51% lower than that of the Consumer Discretionary industry. The current ratio for all Israel stocks is 82.41% higher than that of the company.
Queenco Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Queenco L'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 Queenco L could also be used in its relative valuation, which is a method of valuing Queenco L by comparing valuation metrics of similar companies.Queenco L is currently under evaluation in current ratio category among its peers.
Queenco Fundamentals
Return On Equity | 0.083 | |||
Return On Asset | 0.0222 | |||
Profit Margin | 0.10 % | |||
Operating Margin | 0.10 % | |||
Current Valuation | 272.46 M | |||
Shares Outstanding | 30.03 M | |||
Shares Owned By Insiders | 61.58 % | |||
Shares Owned By Institutions | 6.49 % | |||
Price To Sales | 1.63 X | |||
Revenue | 61.31 M | |||
Gross Profit | 18.4 M | |||
EBITDA | 17.73 M | |||
Net Income | 817 K | |||
Cash And Equivalents | 13.13 M | |||
Cash Per Share | 0.45 X | |||
Total Debt | 35.9 M | |||
Debt To Equity | 0.46 % | |||
Current Ratio | 0.38 X | |||
Book Value Per Share | 2.33 X | |||
Cash Flow From Operations | 5.48 M | |||
Earnings Per Share | 0.03 X | |||
Number Of Employees | 589 | |||
Beta | 0.81 | |||
Market Capitalization | 145.33 M | |||
Total Asset | 32 M | |||
Retained Earnings | (464 M) | |||
Working Capital | (16 M) | |||
Current Asset | 6 M | |||
Current Liabilities | 22 M | |||
Z Score | -16.2 |
About Queenco L Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Queenco L's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Queenco L using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Queenco L 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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Queenco L financial ratios help investors to determine whether Queenco 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 Queenco with respect to the benefits of owning Queenco L security.