Puretech Health Plc Stock Current Ratio

0VQ Stock  EUR 1.82  0.01  0.55%   
PURETECH HEALTH PLC fundamentals help investors to digest information that contributes to PURETECH HEALTH's financial success or failures. It also enables traders to predict the movement of PURETECH Stock. The fundamental analysis module provides a way to measure PURETECH HEALTH'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 PURETECH HEALTH stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

PURETECH HEALTH PLC Company Current Ratio Analysis

PURETECH HEALTH'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 PURETECH HEALTH Current Ratio

    
  2.11 X  
Most of PURETECH HEALTH'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, PURETECH HEALTH PLC 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, PURETECH HEALTH PLC has a Current Ratio of 2.11 times. This is much higher than that of the sector and significantly higher than that of the Current Ratio industry. The current ratio for all Germany stocks is notably lower than that of the firm.

PURETECH Current Ratio Peer Comparison

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

PURETECH Fundamentals

About PURETECH HEALTH Fundamental Analysis

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

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in PURETECH Stock

When determining whether PURETECH HEALTH PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PURETECH HEALTH's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Puretech Health Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Puretech Health Plc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PURETECH HEALTH PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Please note, there is a significant difference between PURETECH HEALTH's value and its price as these two are different measures arrived at by different means. Investors typically determine if PURETECH HEALTH is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PURETECH HEALTH's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.