Advantage Solutions Stock Current Ratio

ADV Stock  USD 3.60  0.16  4.65%   
Advantage Solutions fundamentals help investors to digest information that contributes to Advantage Solutions' financial success or failures. It also enables traders to predict the movement of Advantage Stock. The fundamental analysis module provides a way to measure Advantage Solutions' 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 Advantage Solutions stock.
Last ReportedProjected for Next Year
Current Ratio 1.87  1.39 
Current Ratio is likely to drop to 1.39 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Advantage Solutions Company Current Ratio Analysis

Advantage Solutions' 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 Advantage Solutions Current Ratio

    
  1.74 X  
Most of Advantage Solutions' 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, Advantage Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Advantage Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Advantage Solutions is extremely important. It helps to project a fair market value of Advantage Stock properly, considering its historical fundamentals such as Current Ratio. Since Advantage Solutions' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Advantage Solutions' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Advantage Solutions' interrelated accounts and indicators.
0.6-0.090.720.89-0.49-0.530.960.86-0.540.210.79-0.790.50.780.99-0.870.62-0.8-0.63-0.8-0.80.74-0.870.99
0.60.31-0.070.420.04-0.130.730.11-0.060.280.27-0.05-0.08-0.010.55-0.450.49-0.02-0.68-0.02-0.240.39-0.50.64
-0.090.31-0.15-0.510.860.840.04-0.350.840.77-0.630.52-0.07-0.5-0.20.01-0.020.450.010.450.31-0.08-0.02-0.12
0.72-0.07-0.150.63-0.45-0.350.60.93-0.410.250.59-0.870.750.90.74-0.640.36-0.9-0.25-0.9-0.750.54-0.610.67
0.890.42-0.510.63-0.8-0.840.810.86-0.85-0.190.97-0.880.410.860.93-0.760.54-0.86-0.54-0.86-0.80.67-0.750.9
-0.490.040.86-0.45-0.80.98-0.38-0.670.980.44-0.890.81-0.28-0.76-0.580.41-0.460.750.370.750.74-0.290.34-0.52
-0.53-0.130.84-0.35-0.840.98-0.45-0.620.990.48-0.910.76-0.22-0.69-0.610.43-0.480.690.440.690.71-0.320.38-0.58
0.960.730.040.60.81-0.38-0.450.73-0.450.290.69-0.680.440.630.94-0.790.64-0.66-0.71-0.66-0.750.57-0.760.98
0.860.11-0.350.930.86-0.67-0.620.73-0.670.040.84-0.970.670.980.89-0.780.46-0.99-0.36-0.99-0.850.65-0.750.83
-0.54-0.060.84-0.41-0.850.980.99-0.45-0.670.5-0.930.8-0.24-0.75-0.630.47-0.430.750.350.750.71-0.330.42-0.58
0.210.280.770.25-0.190.440.480.290.040.5-0.310.080.26-0.090.13-0.170.490.08-0.460.08-0.210.12-0.180.18
0.790.27-0.630.590.97-0.89-0.910.690.84-0.93-0.31-0.880.40.860.84-0.750.51-0.87-0.43-0.87-0.820.58-0.710.81
-0.79-0.050.52-0.87-0.880.810.76-0.68-0.970.80.08-0.88-0.6-0.98-0.850.66-0.480.970.410.970.88-0.520.6-0.78
0.5-0.08-0.070.750.41-0.28-0.220.440.67-0.240.260.4-0.60.640.51-0.460.32-0.65-0.21-0.65-0.60.29-0.40.47
0.78-0.01-0.50.90.86-0.76-0.690.630.98-0.75-0.090.86-0.980.640.83-0.690.4-0.99-0.3-0.99-0.820.62-0.660.75
0.990.55-0.20.740.93-0.58-0.610.940.89-0.630.130.84-0.850.510.83-0.840.63-0.84-0.64-0.84-0.830.74-0.840.99
-0.87-0.450.01-0.64-0.760.410.43-0.79-0.780.47-0.17-0.750.66-0.46-0.69-0.84-0.570.760.370.760.76-0.70.97-0.85
0.620.49-0.020.360.54-0.46-0.480.640.46-0.430.490.51-0.480.320.40.63-0.57-0.42-0.89-0.42-0.810.39-0.530.66
-0.8-0.020.45-0.9-0.860.750.69-0.66-0.990.750.08-0.870.97-0.65-0.99-0.840.76-0.420.291.00.86-0.580.71-0.77
-0.63-0.680.01-0.25-0.540.370.44-0.71-0.360.35-0.46-0.430.41-0.21-0.3-0.640.37-0.890.290.290.65-0.360.37-0.68
-0.8-0.020.45-0.9-0.860.750.69-0.66-0.990.750.08-0.870.97-0.65-0.99-0.840.76-0.421.00.290.86-0.580.71-0.77
-0.8-0.240.31-0.75-0.80.740.71-0.75-0.850.71-0.21-0.820.88-0.6-0.82-0.830.76-0.810.860.650.86-0.450.67-0.82
0.740.39-0.080.540.67-0.29-0.320.570.65-0.330.120.58-0.520.290.620.74-0.70.39-0.58-0.36-0.58-0.45-0.840.67
-0.87-0.5-0.02-0.61-0.750.340.38-0.76-0.750.42-0.18-0.710.6-0.4-0.66-0.840.97-0.530.710.370.710.67-0.84-0.83
0.990.64-0.120.670.9-0.52-0.580.980.83-0.580.180.81-0.780.470.750.99-0.850.66-0.77-0.68-0.77-0.820.67-0.83
Click cells to compare fundamentals

Advantage Current Ratio Historical Pattern

Today, most investors in Advantage Solutions Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Advantage Solutions' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Advantage Solutions current ratio as a starting point in their analysis.
   Advantage Solutions Current Ratio   
       Timeline  
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

Advantage Price To Sales Ratio

Price To Sales Ratio

0.26

At this time, Advantage Solutions' Price To Sales Ratio is fairly stable compared to the past year.
In accordance with the recently published financial statements, Advantage Solutions has a Current Ratio of 1.74 times. This is 74.0% higher than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The current ratio for all United States stocks is 19.44% higher than that of the company.

Advantage Current Ratio Peer Comparison

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

Advantage Solutions ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Advantage Solutions' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Advantage Solutions' managers, analysts, and investors.
Environmental
Governance
Social

Advantage Fundamentals

About Advantage Solutions Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Advantage Stock Analysis

When running Advantage Solutions' price analysis, check to measure Advantage Solutions' 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 Advantage Solutions is operating at the current time. Most of Advantage Solutions' value examination focuses on studying past and present price action to predict the probability of Advantage Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advantage Solutions' price. Additionally, you may evaluate how the addition of Advantage Solutions to your portfolios can decrease your overall portfolio volatility.