Tronox Holdings Plc Stock Current Ratio

TROX Stock

USD 7.41 0.01 0.13%

Tronox Holdings PLC fundamentals help investors to digest information that contributes to Tronox Holdings' financial success or failures. It also enables traders to predict the movement of Tronox Stock. The fundamental analysis module provides a way to measure Tronox Holdings' 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 Tronox Holdings stock.

		Last Reported	Projected for Next Year
	Current Ratio	2.47	2.86

Current Ratio is likely to rise to 2.86 in 2025.

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Tronox Holdings PLC Company Current Ratio Analysis

Tronox Holdings' 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 Tronox Holdings Current Ratio

2.35 X

Most of Tronox Holdings' 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, Tronox Holdings PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Tronox Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Tronox Holdings is extremely important. It helps to project a fair market value of Tronox Stock properly, considering its historical fundamentals such as Current Ratio. Since Tronox Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tronox Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tronox Holdings' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Total Liab	Net Debt	Accounts Payable	Net Receivables	Good Will	Total Current Assets	Intangible Assets	Property Plant Equipment	Current Deferred Revenue	Retained Earnings	Long Term Debt	Short Term Debt	Common Stock	Net Tangible Assets	Total Permanent Equity	Short Term Investments	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.58	0.9	0.73	0.57	0.48	0.26	0.75	0.3	0.85	0.12	0.38	0.79	0.45	0.59	-0.14	0.5	0.02	0.53	0.56	-0.17	0.24	0.45	-0.47	0.4
Total Stockholder Equity	0.58		0.17	-0.02	0.43	0.14	0.31	0.36	0.46	0.47	0.06	0.93	-0.01	0.04	0.43	0.64	0.16	-0.27	-0.31	0.31	0.57	0.0	0.46	-0.31	0.44
Total Liab	0.9	0.17		0.91	0.5	0.51	0.13	0.69	0.1	0.78	0.11	-0.03	0.96	0.55	0.53	-0.5	0.52	0.16	0.81	0.57	-0.51	0.31	0.34	-0.45	0.3
Net Debt	0.73	-0.02	0.91		0.57	0.52	-0.03	0.35	-0.04	0.67	0.07	-0.18	0.86	0.74	0.54	-0.51	0.42	0.08	0.8	0.64	-0.58	0.49	0.38	-0.53	0.39
Accounts Payable	0.57	0.43	0.5	0.57		0.36	-0.19	0.22	-0.06	0.42	0.26	0.28	0.31	0.39	0.75	0.26	0.28	-0.15	0.22	0.96	0.04	0.29	0.73	-0.91	0.84
Net Receivables	0.48	0.14	0.51	0.52	0.36		0.03	0.22	-0.02	0.4	0.71	0.01	0.43	0.44	0.23	-0.25	0.22	-0.03	0.4	0.31	-0.18	0.1	0.3	-0.41	0.09
Good Will	0.26	0.31	0.13	-0.03	-0.19	0.03		0.27	0.97	0.29	-0.22	0.42	0.03	0.0	-0.07	0.1	0.03	-0.1	-0.13	-0.16	0.17	-0.05	-0.15	0.18	-0.11
Total Current Assets	0.75	0.36	0.69	0.35	0.22	0.22	0.27		0.24	0.52	0.05	0.19	0.69	-0.09	0.35	-0.26	0.48	0.33	0.51	0.27	-0.25	-0.14	0.18	-0.19	0.11
Intangible Assets	0.3	0.46	0.1	-0.04	-0.06	-0.02	0.97	0.24		0.31	-0.29	0.59	-0.03	0.02	0.08	0.25	0.03	-0.17	-0.22	-0.06	0.27	-0.03	0.0	0.04	0.06
Property Plant Equipment	0.85	0.47	0.78	0.67	0.42	0.4	0.29	0.52	0.31		0.11	0.31	0.68	0.54	0.51	-0.21	0.2	-0.07	0.44	0.41	-0.31	0.09	0.24	-0.34	0.28
Current Deferred Revenue	0.12	0.06	0.11	0.07	0.26	0.71	-0.22	0.05	-0.29	0.11		-0.11	0.04	-0.01	-0.17	0.02	-0.04	-0.15	0.04	0.12	0.09	-0.24	0.06	-0.19	-0.15
Retained Earnings	0.38	0.93	-0.03	-0.18	0.28	0.01	0.42	0.19	0.59	0.31	-0.11		-0.2	0.04	0.4	0.71	0.06	-0.36	-0.42	0.2	0.66	-0.02	0.48	-0.25	0.42
Long Term Debt	0.79	-0.01	0.96	0.86	0.31	0.43	0.03	0.69	-0.03	0.68	0.04	-0.2		0.5	0.44	-0.67	0.55	0.27	0.91	0.41	-0.63	0.29	0.22	-0.29	0.15
Short Term Debt	0.45	0.04	0.55	0.74	0.39	0.44	0.0	-0.09	0.02	0.54	-0.01	0.04	0.5		0.47	-0.3	0.22	-0.23	0.54	0.44	-0.26	0.68	0.48	-0.41	0.31
Common Stock	0.59	0.43	0.53	0.54	0.75	0.23	-0.07	0.35	0.08	0.51	-0.17	0.4	0.44	0.47		0.02	0.36	-0.06	0.38	0.82	-0.14	0.31	0.73	-0.82	0.89
Net Tangible Assets	-0.14	0.64	-0.5	-0.51	0.26	-0.25	0.1	-0.26	0.25	-0.21	0.02	0.71	-0.67	-0.3	0.02		-0.21	-0.35	-0.79	0.11	0.85	-0.15	0.31	-0.12	0.33
Total Permanent Equity	0.5	0.16	0.52	0.42	0.28	0.22	0.03	0.48	0.03	0.2	-0.04	0.06	0.55	0.22	0.36	-0.21		0.11	0.51	0.33	-0.13	0.45	0.21	-0.28	0.23
Short Term Investments	0.02	-0.27	0.16	0.08	-0.15	-0.03	-0.1	0.33	-0.17	-0.07	-0.15	-0.36	0.27	-0.23	-0.06	-0.35	0.11		0.31	-0.08	-0.44	-0.16	-0.13	0.16	-0.13
Long Term Debt Total	0.53	-0.31	0.81	0.8	0.22	0.4	-0.13	0.51	-0.22	0.44	0.04	-0.42	0.91	0.54	0.38	-0.79	0.51	0.31		0.38	-0.73	0.33	0.24	-0.29	0.09
Capital Surpluse	0.56	0.31	0.57	0.64	0.96	0.31	-0.16	0.27	-0.06	0.41	0.12	0.2	0.41	0.44	0.82	0.11	0.33	-0.08	0.38		-0.11	0.34	0.75	-0.92	0.89
Deferred Long Term Liab	-0.17	0.57	-0.51	-0.58	0.04	-0.18	0.17	-0.25	0.27	-0.31	0.09	0.66	-0.63	-0.26	-0.14	0.85	-0.13	-0.44	-0.73	-0.11		0.05	0.2	0.1	0.07
Short Long Term Debt	0.24	0.0	0.31	0.49	0.29	0.1	-0.05	-0.14	-0.03	0.09	-0.24	-0.02	0.29	0.68	0.31	-0.15	0.45	-0.16	0.33	0.34	0.05		0.28	-0.25	0.27
Net Invested Capital	0.45	0.46	0.34	0.38	0.73	0.3	-0.15	0.18	0.0	0.24	0.06	0.48	0.22	0.48	0.73	0.31	0.21	-0.13	0.24	0.75	0.2	0.28		-0.75	0.73
Net Working Capital	-0.47	-0.31	-0.45	-0.53	-0.91	-0.41	0.18	-0.19	0.04	-0.34	-0.19	-0.25	-0.29	-0.41	-0.82	-0.12	-0.28	0.16	-0.29	-0.92	0.1	-0.25	-0.75		-0.84
Capital Stock	0.4	0.44	0.3	0.39	0.84	0.09	-0.11	0.11	0.06	0.28	-0.15	0.42	0.15	0.31	0.89	0.33	0.23	-0.13	0.09	0.89	0.07	0.27	0.73	-0.84

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Tronox Current Ratio Historical Pattern

Today, most investors in Tronox Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tronox Holdings' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Tronox Holdings current ratio as a starting point in their analysis.

Tronox Holdings Current Ratio

Timeline

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

Predict Tronox Holdings

Current Ratio Over Time

Tronox Discontinued Operations

Discontinued Operations

2.67 Million

At this time, Tronox Holdings' Discontinued Operations is fairly stable compared to the past year.

In accordance with the recently published financial statements, Tronox Holdings PLC has a Current Ratio of 2.35 times. This is 38.64% lower than that of the Chemicals sector and 20.88% lower than that of the Materials industry. The current ratio for all United States stocks is 8.8% lower than that of the firm.

Tronox Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tronox Holdings' 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 Tronox Holdings could also be used in its relative valuation, which is a method of valuing Tronox Holdings by comparing valuation metrics of similar companies.

Tronox Holdings is currently under evaluation in current ratio category among its peers.

Tronox Holdings ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tronox Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tronox Holdings' managers, analysts, and investors.

Environmental

Governance

Social

Tronox Fundamentals

	Return On Equity	-0.0286
	Return On Asset	0.0226
	Profit Margin	(0.02) %
	Operating Margin	0.07 %
	Current Valuation	3.99 B
	Shares Outstanding	157.94 M
	Shares Owned By Insiders	25.89 %
	Shares Owned By Institutions	75.07 %
	Number Of Shares Shorted	6.23 M
	Price To Earning	2.19 X
	Price To Book	0.65 X
	Price To Sales	0.38 X
	Revenue	3.07 B
	Gross Profit	515 M
	EBITDA	525 M
	Net Income	(48 M)
	Cash And Equivalents	91 M
	Cash Per Share	0.59 X
	Total Debt	2.99 B
	Debt To Equity	1.14 %
	Current Ratio	2.35 X
	Book Value Per Share	11.15 X
	Cash Flow From Operations	300 M
	Short Ratio	3.19 X
	Earnings Per Share	(0.31) X
	Target Price	11.94
	Number Of Employees	6.5 K
	Beta	1.63
	Market Capitalization	1.17 B
	Total Asset	6.04 B
	Retained Earnings	555 M
	Working Capital	1.28 B
	Current Asset	1.3 B
	Current Liabilities	548 M
	Annual Yield	0.07 %
	Five Year Return	1.89 %
	Net Asset	6.04 B
	Last Dividend Paid	0.5

About Tronox Holdings Fundamental Analysis

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

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

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