Workforce Holdings Stock Current Ratio

WKF Stock   146.00  0.00  0.00%   
Workforce Holdings fundamentals help investors to digest information that contributes to Workforce Holdings' financial success or failures. It also enables traders to predict the movement of Workforce Stock. The fundamental analysis module provides a way to measure Workforce 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 Workforce Holdings stock.
  
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Workforce Holdings Company Current Ratio Analysis

Workforce 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
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, Workforce Holdings has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Industrials sector and about the same as Staffing & Employment Services (which currently averages 0.0) industry. The current ratio for all South Africa stocks is 100.0% higher than that of the company.

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Workforce Fundamentals

About Workforce Holdings Fundamental Analysis

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

Workforce Holdings financial ratios help investors to determine whether Workforce 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 Workforce with respect to the benefits of owning Workforce Holdings security.