Daedong Steel Co Stock Current Ratio
| 048470 Stock | 3,720 5.00 0.13% |
Daedong Steel Co fundamentals help investors to digest information that contributes to Daedong Steel's financial success or failures. It also enables traders to predict the movement of Daedong Stock. The fundamental analysis module provides a way to measure Daedong Steel'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 Daedong Steel stock.
Daedong |
Daedong Steel Co Company Current Ratio Analysis
Daedong Steel'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 Daedong Steel Current Ratio | 4.31 X |
Most of Daedong Steel'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, Daedong Steel Co 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, Daedong Steel Co has a Current Ratio of 4.31 times. This is much higher than that of the Materials sector and significantly higher than that of the Metals & Mining industry. The current ratio for all Republic of Korea stocks is notably lower than that of the firm.
Daedong Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Daedong Steel'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 Daedong Steel could also be used in its relative valuation, which is a method of valuing Daedong Steel by comparing valuation metrics of similar companies.Daedong Steel is currently under evaluation in current ratio category among related companies.
Daedong Fundamentals
| Return On Equity | -8.37 | |||
| Return On Asset | 0.14 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 58.96 B | |||
| Shares Outstanding | 9.92 M | |||
| Shares Owned By Insiders | 33.68 % | |||
| Price To Earning | 83.60 X | |||
| Price To Sales | 0.30 X | |||
| Revenue | 165.42 B | |||
| Gross Profit | 5.35 B | |||
| EBITDA | 20.29 B | |||
| Net Income | 14.52 B | |||
| Cash And Equivalents | 10.19 B | |||
| Total Debt | 706.25 M | |||
| Debt To Equity | 0.07 % | |||
| Current Ratio | 4.31 X | |||
| Cash Flow From Operations | (13 B) | |||
| Beta | 0.5 | |||
| Market Capitalization | 44.35 B | |||
| Total Asset | 108.44 B | |||
| Retained Earnings | 42.97 B | |||
| Working Capital | 29.08 B | |||
| Current Asset | 37.87 B | |||
| Current Liabilities | 8.79 B | |||
| Z Score | 38.2 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 108.44 B |
About Daedong Steel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Daedong Steel Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Daedong Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Daedong Steel Co 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.
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Daedong Steel Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Daedong Steel information on this page should be used as a complementary analysis to other Daedong Steel'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Daedong Stock analysis
When running Daedong Steel's price analysis, check to measure Daedong Steel'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 Daedong Steel is operating at the current time. Most of Daedong Steel's value examination focuses on studying past and present price action to predict the probability of Daedong Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daedong Steel's price. Additionally, you may evaluate how the addition of Daedong Steel to your portfolios can decrease your overall portfolio volatility.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |