Bien Sparebank Asa Stock Current Ratio

BIEN Stock   124.00  3.00  2.48%   
Bien Sparebank ASA fundamentals help investors to digest information that contributes to Bien Sparebank's financial success or failures. It also enables traders to predict the movement of Bien Stock. The fundamental analysis module provides a way to measure Bien Sparebank'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 Bien Sparebank 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.

Bien Sparebank ASA Company Current Ratio Analysis

Bien Sparebank'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, Bien Sparebank ASA has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Financial Services sector and about the same as Banks-Regional (which currently averages 0.0) industry. The current ratio for all Norway stocks is 100.0% higher than that of the company.

Bien Current Ratio Peer Comparison

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

Bien Fundamentals

About Bien Sparebank Fundamental Analysis

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

Bien Sparebank financial ratios help investors to determine whether Bien 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 Bien with respect to the benefits of owning Bien Sparebank security.