Phreesia Stock Current Ratio

19P Stock  EUR 23.00  0.40  1.71%   
Phreesia fundamentals help investors to digest information that contributes to Phreesia's financial success or failures. It also enables traders to predict the movement of Phreesia Stock. The fundamental analysis module provides a way to measure Phreesia'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 Phreesia stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Phreesia Company Current Ratio Analysis

Phreesia'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

More About Current Ratio | All Equity Analysis

Current Phreesia Current Ratio

    
  10.01 X  
Most of Phreesia'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, Phreesia 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, Phreesia has a Current Ratio of 10.01 times. This is 243.99% higher than that of the Healthcare sector and significantly higher than that of the Health Information Services industry. The current ratio for all Germany stocks is notably lower than that of the firm.

Phreesia Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Phreesia'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 Phreesia could also be used in its relative valuation, which is a method of valuing Phreesia by comparing valuation metrics of similar companies.
Phreesia is currently under evaluation in current ratio category among its peers.

Phreesia Fundamentals

About Phreesia Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Phreesia's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Phreesia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Phreesia 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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Additional Information and Resources on Investing in Phreesia Stock

When determining whether Phreesia is a strong investment it is important to analyze Phreesia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Phreesia's future performance. For an informed investment choice regarding Phreesia Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Phreesia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Phreesia Stock please use our How to Invest in Phreesia guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Please note, there is a significant difference between Phreesia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phreesia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phreesia'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.