Tietoevry Corp Stock Current Ratio

TIETO Stock   17.41  0.20  1.14%   
TietoEVRY Corp fundamentals help investors to digest information that contributes to TietoEVRY Corp's financial success or failures. It also enables traders to predict the movement of TietoEVRY Stock. The fundamental analysis module provides a way to measure TietoEVRY Corp'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 TietoEVRY Corp stock.
  
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TietoEVRY Corp Company Current Ratio Analysis

TietoEVRY Corp'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
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, TietoEVRY Corp has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Technology sector and 100.0% lower than that of the Information Technology Services industry. The current ratio for all Finland stocks is 100.0% higher than that of the company.

TietoEVRY Current Ratio Peer Comparison

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

TietoEVRY Fundamentals

About TietoEVRY Corp Fundamental Analysis

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

TietoEVRY Corp financial ratios help investors to determine whether TietoEVRY 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 TietoEVRY with respect to the benefits of owning TietoEVRY Corp security.