Salmar Asa Stock Current Ratio
SALM Stock | NOK 588.50 13.50 2.35% |
SalMar ASA fundamentals help investors to digest information that contributes to SalMar ASA's financial success or failures. It also enables traders to predict the movement of SalMar Stock. The fundamental analysis module provides a way to measure SalMar ASA'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 SalMar ASA stock.
SalMar |
SalMar ASA Company Current Ratio Analysis
SalMar ASA'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 SalMar ASA Current Ratio | 2.28 X |
Most of SalMar ASA'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, SalMar ASA 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, SalMar ASA has a Current Ratio of 2.28 times. This is 14.57% higher than that of the Food Products sector and 39.04% lower than that of the Consumer Staples industry. The current ratio for all Norway stocks is 5.56% lower than that of the firm.
SalMar Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SalMar ASA'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 SalMar ASA could also be used in its relative valuation, which is a method of valuing SalMar ASA by comparing valuation metrics of similar companies.SalMar ASA is currently under evaluation in current ratio category among its peers.
SalMar Fundamentals
Return On Equity | 0.27 | |||
Return On Asset | 0.11 | |||
Profit Margin | 0.21 % | |||
Operating Margin | 0.30 % | |||
Current Valuation | 60.12 B | |||
Shares Outstanding | 145.12 M | |||
Shares Owned By Insiders | 14.99 % | |||
Shares Owned By Institutions | 62.84 % | |||
Price To Earning | 18.85 X | |||
Price To Book | 3.74 X | |||
Price To Sales | 2.90 X | |||
Revenue | 15.04 B | |||
Gross Profit | 8.23 B | |||
EBITDA | 4.33 B | |||
Net Income | 2.62 B | |||
Cash And Equivalents | 901.64 M | |||
Cash Per Share | 8.71 X | |||
Total Debt | 5.66 B | |||
Debt To Equity | 0.35 % | |||
Current Ratio | 2.28 X | |||
Book Value Per Share | 121.89 X | |||
Cash Flow From Operations | 2.91 B | |||
Earnings Per Share | 32.94 X | |||
Price To Earnings To Growth | 0.33 X | |||
Target Price | 528.18 | |||
Number Of Employees | 1.85 K | |||
Beta | 0.62 | |||
Market Capitalization | 64.93 B | |||
Total Asset | 28.09 B | |||
Retained Earnings | 5.18 B | |||
Working Capital | 2.88 B | |||
Current Asset | 4.97 B | |||
Current Liabilities | 2.09 B | |||
Z Score | 6.6 | |||
Annual Yield | 0.04 % | |||
Five Year Return | 5.34 % | |||
Net Asset | 28.09 B | |||
Last Dividend Paid | 20.0 |
About SalMar ASA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SalMar ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SalMar ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SalMar ASA 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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SalMar ASA financial ratios help investors to determine whether SalMar 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 SalMar with respect to the benefits of owning SalMar ASA security.