Cig Pannonia Life Stock Current Ratio
| 0CKA Stock | EUR 0.85 0.01 1.16% |
CIG PANNONIA LIFE fundamentals help investors to digest information that contributes to CIG PANNONIA's financial success or failures. It also enables traders to predict the movement of CIG Stock. The fundamental analysis module provides a way to measure CIG PANNONIA'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 CIG PANNONIA stock.
CIG |
CIG PANNONIA LIFE Company Current Ratio Analysis
CIG PANNONIA'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 CIG PANNONIA Current Ratio | 33.97 X |
Most of CIG PANNONIA'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, CIG PANNONIA LIFE 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, CIG PANNONIA LIFE has a Current Ratio of 33.97 times. This is much higher than that of the Financial Services sector and significantly higher than that of the Insurance—Life industry. The current ratio for all Germany stocks is notably lower than that of the firm.
CIG Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CIG PANNONIA'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 CIG PANNONIA could also be used in its relative valuation, which is a method of valuing CIG PANNONIA by comparing valuation metrics of similar companies.CIG PANNONIA is currently under evaluation in current ratio category among its peers.
CIG Fundamentals
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0097 | |||
| Profit Margin | 0.05 % | |||
| Shares Outstanding | 94.43 M | |||
| Gross Profit | 3.86 B | |||
| Debt To Equity | 0.02 % | |||
| Current Ratio | 33.97 X | |||
| Earnings Per Share | 0.05 X | |||
| Target Price | 410.0 | |||
| Number Of Employees | 191 | |||
| Beta | 0.85 | |||
| Market Capitalization | 71.67 M | |||
| Annual Yield | 0.08 % |
About CIG PANNONIA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CIG PANNONIA LIFE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CIG PANNONIA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CIG PANNONIA LIFE 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 CIG Stock
CIG PANNONIA financial ratios help investors to determine whether CIG 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 CIG with respect to the benefits of owning CIG PANNONIA security.