Bank Leumi Le Israel Stock Current Ratio

LUMI Stock  ILS 5,163  65.00  1.28%   
Bank Leumi Le Israel fundamentals help investors to digest information that contributes to Bank Leumi's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank Leumi'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 Bank Leumi 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.

Bank Leumi Le Israel Company Current Ratio Analysis

Bank Leumi'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, Bank Leumi Le Israel has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The current ratio for all Israel stocks is 100.0% higher than that of the company.

Bank Current Ratio Peer Comparison

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

Bank Fundamentals

About Bank Leumi Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bank Leumi Le Israel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank Leumi using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank Leumi Le Israel 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Bank Stock

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