Federated Premier Municipal Fund Current Ratio
FMN Fund | USD 10.94 0.12 1.11% |
Federated Premier Municipal fundamentals help investors to digest information that contributes to Federated Premier's financial success or failures. It also enables traders to predict the movement of Federated Fund. The fundamental analysis module provides a way to measure Federated Premier'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 Federated Premier fund.
Federated |
Federated Premier Municipal Fund Current Ratio Analysis
Federated Premier'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 Federated Premier Current Ratio | 4.07 X |
Most of Federated Premier'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, Federated Premier Municipal 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, Federated Premier Municipal has a Current Ratio of 4.07 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The current ratio for all United States funds is notably lower than that of the firm.
Federated Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Federated Premier's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Federated Premier could also be used in its relative valuation, which is a method of valuing Federated Premier by comparing valuation metrics of similar companies.Federated Premier is currently under evaluation in current ratio among similar funds.
Federated Fundamentals
Return On Equity | -13.35 | |||
Return On Asset | 1.8 | |||
Profit Margin | (225.75) % | |||
Operating Margin | 82.53 % | |||
Current Valuation | 226.25 M | |||
Shares Outstanding | 11.5 M | |||
Shares Owned By Insiders | 0.12 % | |||
Shares Owned By Institutions | 31.07 % | |||
Number Of Shares Shorted | 4.46 K | |||
Price To Earning | 14.54 X | |||
Price To Book | 0.71 X | |||
Price To Sales | 12.75 X | |||
Revenue | 9.9 M | |||
Gross Profit | 10.36 M | |||
Net Income | (22.36 M) | |||
Cash And Equivalents | 142.11 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 113.6 M | |||
Debt To Equity | 0.75 % | |||
Current Ratio | 4.07 X | |||
Book Value Per Share | 15.49 X | |||
Cash Flow From Operations | 8.68 M | |||
Short Ratio | 0.15 X | |||
Earnings Per Share | 0.75 X | |||
Number Of Employees | 16 | |||
Beta | 0.39 | |||
Market Capitalization | 138.34 M | |||
Annual Yield | 0.01 % | |||
Year To Date Return | 0.08 % | |||
One Year Return | 1.44 % | |||
Three Year Return | (1.02) % | |||
Five Year Return | 0.41 % | |||
Last Dividend Paid | 0.49 |
About Federated Premier Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Federated Premier Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Federated Premier using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Federated Premier Municipal based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.
Other Information on Investing in Federated Fund
Federated Premier financial ratios help investors to determine whether Federated Fund 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 Federated with respect to the benefits of owning Federated Premier security.
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