Romerike Sparebank Nk Stock Current Ratio
92I Stock | EUR 10.67 0.04 0.37% |
ROMERIKE SPAREBANK NK fundamentals help investors to digest information that contributes to ROMERIKE SPAREBANK's financial success or failures. It also enables traders to predict the movement of ROMERIKE Stock. The fundamental analysis module provides a way to measure ROMERIKE SPAREBANK'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 ROMERIKE SPAREBANK stock.
ROMERIKE |
ROMERIKE SPAREBANK NK Company Current Ratio Analysis
ROMERIKE SPAREBANK'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.
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, ROMERIKE SPAREBANK NK has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Financial Services sector and about the same as Banks—Regional (which currently averages 0.0) industry. The current ratio for all Germany stocks is 100.0% higher than that of the company.
ROMERIKE Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ROMERIKE SPAREBANK'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 ROMERIKE SPAREBANK could also be used in its relative valuation, which is a method of valuing ROMERIKE SPAREBANK by comparing valuation metrics of similar companies.ROMERIKE SPAREBANK is currently under evaluation in current ratio category among its peers.
ROMERIKE Fundamentals
Return On Equity | 0.0774 | |||
Return On Asset | 0.0092 | |||
Profit Margin | 0.45 % | |||
Operating Margin | 0.49 % | |||
Shares Outstanding | 2.84 M | |||
Shares Owned By Insiders | 44.90 % | |||
Shares Owned By Institutions | 9.12 % | |||
Price To Earning | 1.27 X | |||
Revenue | 232.94 M | |||
Gross Profit | 225.66 M | |||
Net Income | 20.99 M | |||
Cash And Equivalents | 895.6 M | |||
Cash Per Share | 895.60 X | |||
Total Debt | 2.94 B | |||
Book Value Per Share | 540.59 X | |||
Earnings Per Share | 0.74 X | |||
Number Of Employees | 74 | |||
Beta | 0.31 | |||
Market Capitalization | 31.14 M | |||
Annual Yield | 0.08 % | |||
Last Dividend Paid | 8.4 |
About ROMERIKE SPAREBANK Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ROMERIKE SPAREBANK NK's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ROMERIKE SPAREBANK using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ROMERIKE SPAREBANK NK 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 ROMERIKE Stock
ROMERIKE SPAREBANK financial ratios help investors to determine whether ROMERIKE 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 ROMERIKE with respect to the benefits of owning ROMERIKE SPAREBANK security.