Verizon Communications Stock Current Ratio
| BAC Stock | EUR 40.22 0.12 0.30% |
Verizon Communications fundamentals help investors to digest information that contributes to Bank of America's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank of America'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 Bank of America stock.
Bank |
Verizon Communications Company Current Ratio Analysis
Bank of America'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 Bank of America Current Ratio | 0.89 X |
Most of Bank of America'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, Verizon Communications 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, Verizon Communications has a Current Ratio of 0.89 times. This is 11.0% lower than that of the Communication Services sector and 42.95% lower than that of the Telecom Services industry. The current ratio for all Germany stocks is 58.8% higher than that of the company.
Bank Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank of America'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 Bank of America could also be used in its relative valuation, which is a method of valuing Bank of America by comparing valuation metrics of similar companies.Bank of America is currently under evaluation in current ratio category among its peers.
Bank Fundamentals
| Return On Equity | 0.25 | |||
| Return On Asset | 0.0555 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.24 % | |||
| Current Valuation | 312.38 B | |||
| Shares Outstanding | 4.2 B | |||
| Shares Owned By Institutions | 64.26 % | |||
| Price To Earning | 11.81 X | |||
| Price To Book | 1.78 X | |||
| Price To Sales | 1.11 X | |||
| Revenue | 136.84 B | |||
| Gross Profit | 77.7 B | |||
| EBITDA | 48.98 B | |||
| Net Income | 21.26 B | |||
| Cash And Equivalents | 4.84 B | |||
| Cash Per Share | 1.17 X | |||
| Total Debt | 140.68 B | |||
| Debt To Equity | 2.40 % | |||
| Current Ratio | 0.89 X | |||
| Book Value Per Share | 21.70 X | |||
| Cash Flow From Operations | 37.14 B | |||
| Earnings Per Share | 4.80 X | |||
| Price To Earnings To Growth | 5.45 X | |||
| Number Of Employees | 117.1 K | |||
| Beta | 0.35 | |||
| Market Capitalization | 151.35 B | |||
| Total Asset | 379.68 B | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.07 % | |||
| Five Year Return | 4.19 % | |||
| Net Asset | 379.68 B | |||
| Last Dividend Paid | 2.59 |
About Bank of America Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Verizon Communications's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank of America using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Verizon Communications 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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Additional Information and Resources on Investing in Bank Stock
When determining whether Verizon Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of America'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 Verizon Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Verizon Communications Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Verizon Communications. 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. For more detail on how to invest in Bank Stock please use our How to Invest in Bank of America guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.