Aeon Financial Service Stock Current Ratio
| AEOJF Stock | USD 8.98 0.30 3.23% |
AEON Financial Service fundamentals help investors to digest information that contributes to AEON Financial's financial success or failures. It also enables traders to predict the movement of AEON OTC Stock. The fundamental analysis module provides a way to measure AEON Financial'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 AEON Financial otc stock.
AEON |
AEON Financial Service OTC Stock Current Ratio Analysis
AEON Financial'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 AEON Financial Current Ratio | 1.27 X |
Most of AEON Financial'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, AEON Financial Service 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, AEON Financial Service has a Current Ratio of 1.27 times. This is 68.64% lower than that of the Financial Services sector and 84.34% lower than that of the Credit Services industry. The current ratio for all United States stocks is 41.2% higher than that of the company.
AEON Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AEON Financial's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of AEON Financial could also be used in its relative valuation, which is a method of valuing AEON Financial by comparing valuation metrics of similar companies.AEON Financial is currently under evaluation in current ratio category among related companies.
AEON Fundamentals
| Return On Equity | 0.0818 | |||
| Return On Asset | 0.0066 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 423.84 B | |||
| Shares Outstanding | 215.84 M | |||
| Shares Owned By Insiders | 51.04 % | |||
| Shares Owned By Institutions | 22.27 % | |||
| Price To Earning | 12.76 X | |||
| Price To Book | 0.71 X | |||
| Price To Sales | 0 X | |||
| Revenue | 398.2 B | |||
| Gross Profit | 452.33 B | |||
| Net Income | 30.21 B | |||
| Cash And Equivalents | 738.78 B | |||
| Total Debt | 1.06 T | |||
| Debt To Equity | 3.02 % | |||
| Current Ratio | 1.27 X | |||
| Book Value Per Share | 2,000 X | |||
| Cash Flow From Operations | (82.28 B) | |||
| Earnings Per Share | 0.84 X | |||
| Number Of Employees | 27 | |||
| Beta | 0.67 | |||
| Market Capitalization | 2.13 B | |||
| Total Asset | 6.28 T | |||
| Retained Earnings | 187.21 B | |||
| Working Capital | (1.86 T) | |||
| Current Asset | 700.7 B | |||
| Current Liabilities | 2.56 T | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 6.28 T | |||
| Last Dividend Paid | 49.0 |
About AEON Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AEON Financial Service's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AEON Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AEON Financial Service based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Pair Trading with AEON Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AEON Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AEON Financial will appreciate offsetting losses from the drop in the long position's value.Moving against AEON OTC Stock
| 0.41 | AGRIP | AgriBank FCB | PairCorr |
The ability to find closely correlated positions to AEON Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AEON Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AEON Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AEON Financial Service to buy it.
The correlation of AEON Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AEON Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AEON Financial Service moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AEON Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AEON Financial Service. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for AEON OTC Stock analysis
When running AEON Financial's price analysis, check to measure AEON Financial'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 AEON Financial is operating at the current time. Most of AEON Financial's value examination focuses on studying past and present price action to predict the probability of AEON Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AEON Financial's price. Additionally, you may evaluate how the addition of AEON Financial to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |