Innovatec Spa Stock Current Ratio
| 5JT Stock | EUR 0.92 0.06 6.98% |
INNOVATEC SPA fundamentals help investors to digest information that contributes to INNOVATEC SPA's financial success or failures. It also enables traders to predict the movement of INNOVATEC Stock. The fundamental analysis module provides a way to measure INNOVATEC SPA'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 INNOVATEC SPA stock.
INNOVATEC |
INNOVATEC SPA Company Current Ratio Analysis
INNOVATEC SPA'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 INNOVATEC SPA Current Ratio | 1.26 X |
Most of INNOVATEC SPA'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, INNOVATEC SPA 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, INNOVATEC SPA has a Current Ratio of 1.26 times. This is 3.08% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Electric industry. The current ratio for all Germany stocks is 41.67% higher than that of the company.
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INNOVATEC Fundamentals
| Return On Equity | 0.4 | |||
| Return On Asset | 0.0729 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.08 % | |||
| Shares Outstanding | 96.45 M | |||
| Shares Owned By Insiders | 77.68 % | |||
| Shares Owned By Institutions | 1.78 % | |||
| Price To Earning | 100.25 X | |||
| Revenue | 243.55 M | |||
| Gross Profit | 51.35 M | |||
| EBITDA | 34.74 M | |||
| Net Income | 673.19 K | |||
| Cash And Equivalents | 16.93 M | |||
| Cash Per Share | 0.20 X | |||
| Total Debt | 3.45 M | |||
| Debt To Equity | 0.18 % | |||
| Current Ratio | 1.26 X | |||
| Book Value Per Share | 0.39 X | |||
| Cash Flow From Operations | 4.71 M | |||
| Earnings Per Share | 0.13 X | |||
| Number Of Employees | 324 | |||
| Beta | 1.02 | |||
| Market Capitalization | 157.82 M | |||
| Z Score | 27.0 |
About INNOVATEC SPA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze INNOVATEC SPA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of INNOVATEC SPA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of INNOVATEC SPA 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 INNOVATEC Stock
INNOVATEC SPA financial ratios help investors to determine whether INNOVATEC 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 INNOVATEC with respect to the benefits of owning INNOVATEC SPA security.