Sims Ltd Adr Stock Current Ratio

I8MA Stock  EUR 7.95  0.10  1.27%   
SIMS LTD ADR fundamentals help investors to digest information that contributes to SIMS's financial success or failures. It also enables traders to predict the movement of SIMS Stock. The fundamental analysis module provides a way to measure SIMS'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 SIMS 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.

SIMS LTD ADR Company Current Ratio Analysis

SIMS'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

Current SIMS Current Ratio

    
  1.99 X  
Most of SIMS'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, SIMS LTD ADR 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, SIMS LTD ADR has a Current Ratio of 1.99 times. This is 48.04% lower than that of the Basic Materials sector and 25.75% lower than that of the Steel industry. The current ratio for all Germany stocks is 7.87% higher than that of the company.

SIMS Current Ratio Peer Comparison

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

SIMS Fundamentals

About SIMS Fundamental Analysis

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

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