Compagnie Financire Richemont Stock Current Ratio
RIT1 Stock | EUR 14.10 0.10 0.70% |
Compagnie Financire Richemont fundamentals help investors to digest information that contributes to Compagnie Financire's financial success or failures. It also enables traders to predict the movement of Compagnie Stock. The fundamental analysis module provides a way to measure Compagnie Financire'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 Compagnie Financire stock.
Compagnie |
Compagnie Financire Richemont Company Current Ratio Analysis
Compagnie Financire'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 Compagnie Financire Current Ratio | 2.61 X |
Most of Compagnie Financire'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, Compagnie Financire Richemont 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, Compagnie Financire Richemont has a Current Ratio of 2.61 times. This is 14.98% higher than that of the Consumer Cyclical sector and 17.92% lower than that of the Luxury Goods industry. The current ratio for all Germany stocks is 20.83% lower than that of the firm.
Compagnie Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Compagnie Financire'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 Compagnie Financire could also be used in its relative valuation, which is a method of valuing Compagnie Financire by comparing valuation metrics of similar companies.Compagnie Financire is currently under evaluation in current ratio category among its peers.
Compagnie Fundamentals
Return On Equity | 0.15 | |||
Return On Asset | 0.0655 | |||
Profit Margin | 0 % | |||
Operating Margin | 0.19 % | |||
Current Valuation | 70.68 B | |||
Shares Outstanding | 5.67 B | |||
Shares Owned By Institutions | 0.42 % | |||
Price To Book | 3.89 X | |||
Price To Sales | 3.26 X | |||
Revenue | 19.18 B | |||
Gross Profit | 12.02 B | |||
EBITDA | 4.32 B | |||
Net Income | 2.07 B | |||
Cash And Equivalents | 13.43 B | |||
Cash Per Share | 2.35 X | |||
Total Debt | 5.95 B | |||
Debt To Equity | 0.76 % | |||
Current Ratio | 2.61 X | |||
Book Value Per Share | 3.21 X | |||
Cash Flow From Operations | 4.64 B | |||
Earnings Per Share | 0.46 X | |||
Price To Earnings To Growth | 0.77 X | |||
Number Of Employees | 35.85 K | |||
Beta | 1.3 | |||
Market Capitalization | 82.46 B | |||
Total Asset | 39.99 B | |||
Z Score | 7.8 | |||
Annual Yield | 0.02 % | |||
Net Asset | 39.99 B | |||
Last Dividend Paid | 2.2 |
About Compagnie Financire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Compagnie Financire Richemont's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Compagnie Financire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Compagnie Financire Richemont 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 Compagnie Stock
Compagnie Financire financial ratios help investors to determine whether Compagnie 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 Compagnie with respect to the benefits of owning Compagnie Financire security.