Touax Sca Stock Current Ratio

TOUP Stock  EUR 4.01  0.01  0.25%   
Touax SCA fundamentals help investors to digest information that contributes to Touax SCA's financial success or failures. It also enables traders to predict the movement of Touax Stock. The fundamental analysis module provides a way to measure Touax SCA'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 Touax SCA 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.

Touax SCA Company Current Ratio Analysis

Touax SCA'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 Touax SCA Current Ratio

    
  1.74 X  
Most of Touax SCA'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, Touax SCA 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, Touax SCA has a Current Ratio of 1.74 times. This is 15.53% lower than that of the Industrials sector and 51.4% lower than that of the Rental & Leasing Services industry. The current ratio for all France stocks is 19.44% higher than that of the company.

Touax Current Ratio Peer Comparison

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

Touax Fundamentals

About Touax SCA Fundamental Analysis

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

Touax SCA financial ratios help investors to determine whether Touax 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 Touax with respect to the benefits of owning Touax SCA security.