Sk Hynix Stock Current Ratio

SK hynix fundamentals help investors to digest information that contributes to SK Hynix's financial success or failures. It also enables traders to predict the movement of HY9H Stock. The fundamental analysis module provides a way to measure SK Hynix'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 SK Hynix 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.

SK hynix Company Current Ratio Analysis

SK Hynix'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

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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, SK hynix has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Technology sector and 100.0% lower than that of the Semiconductors industry. The current ratio for all Germany stocks is 100.0% higher than that of the company.

HY9H Current Ratio Peer Comparison

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

HY9H Fundamentals

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Other Information on Investing in HY9H Stock

SK Hynix financial ratios help investors to determine whether HY9H 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 HY9H with respect to the benefits of owning SK Hynix security.