Sodas Sodyum Sanayi Stock Current Ratio

SODSN Stock  TRY 111.40  4.00  3.72%   
Sodas Sodyum Sanayi fundamentals help investors to digest information that contributes to Sodas Sodyum's financial success or failures. It also enables traders to predict the movement of Sodas Stock. The fundamental analysis module provides a way to measure Sodas Sodyum'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 Sodas Sodyum stock.
  
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Sodas Sodyum Sanayi Company Current Ratio Analysis

Sodas Sodyum'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 Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Sodas Sodyum Current Ratio

    
  2.91 X  
Most of Sodas Sodyum'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, Sodas Sodyum Sanayi 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, Sodas Sodyum Sanayi has a Current Ratio of 2.91 times. This is 24.02% lower than that of the Chemicals sector and 2.02% lower than that of the Materials industry. The current ratio for all Turkey stocks is 34.72% lower than that of the firm.

Sodas Current Ratio Peer Comparison

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

Sodas Fundamentals

About Sodas Sodyum Fundamental Analysis

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

Thematic Opportunities

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Other Information on Investing in Sodas Stock

Sodas Sodyum financial ratios help investors to determine whether Sodas 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 Sodas with respect to the benefits of owning Sodas Sodyum security.