Essilorluxottica 12on Stock Current Ratio
ESLC Stock | EUR 114.00 1.00 0.87% |
ESSILORLUXOTTICA 12ON fundamentals help investors to digest information that contributes to ESSILORLUXOTTICA's financial success or failures. It also enables traders to predict the movement of ESSILORLUXOTTICA Stock. The fundamental analysis module provides a way to measure ESSILORLUXOTTICA'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 ESSILORLUXOTTICA stock.
ESSILORLUXOTTICA |
ESSILORLUXOTTICA 12ON Company Current Ratio Analysis
ESSILORLUXOTTICA'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 ESSILORLUXOTTICA Current Ratio | 2.26 X |
Most of ESSILORLUXOTTICA'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, ESSILORLUXOTTICA 12ON 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, ESSILORLUXOTTICA 12ON has a Current Ratio of 2.26 times. This is 22.34% lower than that of the Healthcare sector and 35.43% lower than that of the Medical Instruments & Supplies industry. The current ratio for all Germany stocks is 4.63% lower than that of the firm.
ESSILORLUXOTTICA Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ESSILORLUXOTTICA'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 ESSILORLUXOTTICA could also be used in its relative valuation, which is a method of valuing ESSILORLUXOTTICA by comparing valuation metrics of similar companies.ESSILORLUXOTTICA is rated # 2 in current ratio category among its peers.
ESSILORLUXOTTICA Fundamentals
Return On Equity | 0.0531 | |||
Return On Asset | 0.0317 | |||
Profit Margin | 0.08 % | |||
Operating Margin | 0.13 % | |||
Shares Outstanding | 890.65 M | |||
Shares Owned By Institutions | 0.01 % | |||
Price To Earning | 900.00 X | |||
Revenue | 23.05 B | |||
Gross Profit | 12.11 B | |||
EBITDA | 4.9 B | |||
Net Income | 1.35 B | |||
Cash And Equivalents | 9.44 B | |||
Cash Per Share | 10.72 X | |||
Total Debt | 11.41 B | |||
Debt To Equity | 0.33 % | |||
Current Ratio | 2.26 X | |||
Book Value Per Share | 42.59 X | |||
Cash Flow From Operations | 4.4 B | |||
Earnings Per Share | 2.00 X | |||
Beta | 0.93 | |||
Market Capitalization | 78.82 B | |||
Z Score | 3.6 | |||
Annual Yield | 0.02 % | |||
Last Dividend Paid | 2.51 |
About ESSILORLUXOTTICA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ESSILORLUXOTTICA 12ON's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ESSILORLUXOTTICA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ESSILORLUXOTTICA 12ON 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 ESSILORLUXOTTICA Stock
ESSILORLUXOTTICA financial ratios help investors to determine whether ESSILORLUXOTTICA 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 ESSILORLUXOTTICA with respect to the benefits of owning ESSILORLUXOTTICA security.