First Bancorp Stock Current Ratio

OLWN Stock  EUR 19.50  0.90  4.84%   
First BanCorp fundamentals help investors to digest information that contributes to First BanCorp's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First BanCorp'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 First BanCorp stock.
  
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First BanCorp Company Current Ratio Analysis

First BanCorp'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, First BanCorp has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Financial Services sector and about the same as Banks - Regional - US (which currently averages 0.0) industry. The current ratio for all Germany stocks is 100.0% higher than that of the company.

First Current Ratio Peer Comparison

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

First Fundamentals

About First BanCorp Fundamental Analysis

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

When determining whether First BanCorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First BanCorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in First BanCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in First Stock please use our How to Invest in First BanCorp guide.
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Please note, there is a significant difference between First BanCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if First BanCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First BanCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.