Hyundai Everdigm Corp Stock Current Ratio

041440 Stock  KRW 6,620  40.00  0.61%   
Hyundai Everdigm Corp fundamentals help investors to digest information that contributes to Hyundai Everdigm's financial success or failures. It also enables traders to predict the movement of Hyundai Stock. The fundamental analysis module provides a way to measure Hyundai Everdigm'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 Hyundai Everdigm stock.
  
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Hyundai Everdigm Corp Company Current Ratio Analysis

Hyundai Everdigm'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

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Current Hyundai Everdigm Current Ratio

    
  2.46 X  
Most of Hyundai Everdigm'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, Hyundai Everdigm Corp 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, Hyundai Everdigm Corp has a Current Ratio of 2.46 times. This is much higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The current ratio for all Republic of Korea stocks is notably lower than that of the firm.

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Hyundai Fundamentals

About Hyundai Everdigm Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hyundai Everdigm Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hyundai Everdigm using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hyundai Everdigm Corp 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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Note that the Hyundai Everdigm Corp information on this page should be used as a complementary analysis to other Hyundai Everdigm's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Please note, there is a significant difference between Hyundai Everdigm's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyundai Everdigm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyundai Everdigm'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.