National Stock Yards Stock Current Ratio
| NSYC Stock | USD 420.00 25.00 5.62% |
National Stock Yards fundamentals help investors to digest information that contributes to National Stock's financial success or failures. It also enables traders to predict the movement of National Pink Sheet. The fundamental analysis module provides a way to measure National Stock'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 National Stock pink sheet.
National |
National Stock Yards Company Current Ratio Analysis
National Stock'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.
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).
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In accordance with the recently published financial statements, National Stock Yards has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Industrials sector and about the same as Specialty Business Services (which currently averages 0.0) industry. The current ratio for all United States stocks is 100.0% higher than that of the company.
National Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses National Stock's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of National Stock could also be used in its relative valuation, which is a method of valuing National Stock by comparing valuation metrics of similar companies.National Stock is currently under evaluation in current ratio category among its peers.
National Fundamentals
| Beta | 0.46 | |||
| Annual Yield | 0.07 % |
About National Stock Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze National Stock Yards's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Stock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Stock Yards 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 National Pink Sheet
National Stock financial ratios help investors to determine whether National Pink Sheet 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 National with respect to the benefits of owning National Stock security.