Atp 30 Public Stock Current Ratio
| ATP30 Stock | THB 0.95 0.02 2.15% |
ATP 30 Public fundamentals help investors to digest information that contributes to ATP 30's financial success or failures. It also enables traders to predict the movement of ATP Stock. The fundamental analysis module provides a way to measure ATP 30'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 ATP 30 stock.
ATP |
ATP 30 Public Company Current Ratio Analysis
ATP 30'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 ATP 30 Current Ratio | 0.67 X |
Most of ATP 30'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, ATP 30 Public 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, ATP 30 Public has a Current Ratio of 0.67 times. This is 67.48% lower than that of the Industrials sector and 55.63% lower than that of the Railroads industry. The current ratio for all Thailand stocks is 68.98% higher than that of the company.
ATP Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ATP 30'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 ATP 30 could also be used in its relative valuation, which is a method of valuing ATP 30 by comparing valuation metrics of similar companies.ATP 30 is currently under evaluation in current ratio category among related companies.
ATP Fundamentals
| Return On Equity | 0.0786 | |||
| Return On Asset | 0.0372 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 1.49 B | |||
| Shares Outstanding | 682.31 M | |||
| Shares Owned By Insiders | 51.50 % | |||
| Price To Earning | 19.60 X | |||
| Price To Book | 1.91 X | |||
| Price To Sales | 1.52 X | |||
| Revenue | 493.8 M | |||
| Gross Profit | 103.11 M | |||
| EBITDA | 130.66 M | |||
| Net Income | 33.12 M | |||
| Cash And Equivalents | 37.2 M | |||
| Cash Per Share | 0.07 X | |||
| Total Debt | 30.04 M | |||
| Debt To Equity | 92.50 % | |||
| Current Ratio | 0.67 X | |||
| Book Value Per Share | 0.74 X | |||
| Cash Flow From Operations | 125.87 M | |||
| Earnings Per Share | 0.06 X | |||
| Beta | 0.76 | |||
| Market Capitalization | 1 B | |||
| Total Asset | 1.1 B | |||
| Retained Earnings | 25 M | |||
| Working Capital | (3 M) | |||
| Current Asset | 95 M | |||
| Current Liabilities | 98 M | |||
| Z Score | 19.8 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 1.1 B | |||
| Last Dividend Paid | 0.03 |
About ATP 30 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ATP 30 Public's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ATP 30 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ATP 30 Public 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ATP 30 in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ATP 30's short interest history, or implied volatility extrapolated from ATP 30 options trading.
Pair Trading with ATP 30
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 ATP 30 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 ATP 30 will appreciate offsetting losses from the drop in the long position's value.Moving against ATP Stock
| 0.87 | BEM | Bangkok Expressway and | PairCorr |
| 0.87 | BEM-R | Bangkok Expressway and | PairCorr |
The ability to find closely correlated positions to ATP 30 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATP 30 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 ATP 30 - 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 ATP 30 Public to buy it.
The correlation of ATP 30 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 ATP 30 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATP 30 Public 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 ATP 30 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 ATP 30 Public. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for ATP Stock analysis
When running ATP 30's price analysis, check to measure ATP 30'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 ATP 30 is operating at the current time. Most of ATP 30's value examination focuses on studying past and present price action to predict the probability of ATP 30's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATP 30's price. Additionally, you may evaluate how the addition of ATP 30 to your portfolios can decrease your overall portfolio volatility.
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