Thai Beverage Pcl Stock Current Ratio

TBVPY Stock  USD 33.67  0.00  0.00%   
Thai Beverage PCL fundamentals help investors to digest information that contributes to Thai Beverage's financial success or failures. It also enables traders to predict the movement of Thai Pink Sheet. The fundamental analysis module provides a way to measure Thai Beverage'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 Thai Beverage pink sheet.
  
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Thai Beverage PCL Company Current Ratio Analysis

Thai Beverage'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 Thai Beverage Current Ratio

    
  1.00 X  
Most of Thai Beverage'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, Thai Beverage PCL 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, Thai Beverage PCL has a Current Ratio of 1.0 times. This is 49.75% lower than that of the Consumer Defensive sector and significantly higher than that of the Beverages—Wineries & Distilleries industry. The current ratio for all United States stocks is 53.7% higher than that of the company.

Thai Current Ratio Peer Comparison

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

Thai Fundamentals

About Thai Beverage Fundamental Analysis

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

When running Thai Beverage's price analysis, check to measure Thai Beverage'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 Thai Beverage is operating at the current time. Most of Thai Beverage's value examination focuses on studying past and present price action to predict the probability of Thai Beverage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Beverage's price. Additionally, you may evaluate how the addition of Thai Beverage to your portfolios can decrease your overall portfolio volatility.