Odas Elektrik Uretim Stock Current Ratio

ODAS Stock  TRY 6.31  0.10  1.56%   
ODAS Elektrik Uretim fundamentals help investors to digest information that contributes to ODAS Elektrik's financial success or failures. It also enables traders to predict the movement of ODAS Stock. The fundamental analysis module provides a way to measure ODAS Elektrik'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 ODAS Elektrik stock.
  
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ODAS Elektrik Uretim Company Current Ratio Analysis

ODAS Elektrik'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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Current ODAS Elektrik Current Ratio

    
  0.58 X  
Most of ODAS Elektrik'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, ODAS Elektrik Uretim 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, ODAS Elektrik Uretim has a Current Ratio of 0.58 times. This is 55.38% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The current ratio for all Turkey stocks is 73.15% higher than that of the company.

ODAS Current Ratio Peer Comparison

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

ODAS Fundamentals

About ODAS Elektrik Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for ODAS Stock Analysis

When running ODAS Elektrik's price analysis, check to measure ODAS Elektrik's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ODAS Elektrik is operating at the current time. Most of ODAS Elektrik's value examination focuses on studying past and present price action to predict the probability of ODAS Elektrik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ODAS Elektrik's price. Additionally, you may evaluate how the addition of ODAS Elektrik to your portfolios can decrease your overall portfolio volatility.