Automotive Finco Corp Stock Current Ratio

AFCC-H Stock  CAD 0.89  0.03  3.49%   
Automotive Finco Corp fundamentals help investors to digest information that contributes to Automotive Finco's financial success or failures. It also enables traders to predict the movement of Automotive Stock. The fundamental analysis module provides a way to measure Automotive Finco'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 Automotive Finco stock.
  
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Automotive Finco Corp Company Current Ratio Analysis

Automotive Finco'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 Automotive Finco Current Ratio

    
  49.41 X  
Most of Automotive Finco'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, Automotive Finco Corp 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, Automotive Finco Corp has a Current Ratio of 49.41 times. This is much higher than that of the Consumer Finance sector and significantly higher than that of the Financials industry. The current ratio for all Canada stocks is notably lower than that of the firm.

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Automotive Fundamentals

About Automotive Finco Fundamental Analysis

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

Automotive Finco financial ratios help investors to determine whether Automotive 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 Automotive with respect to the benefits of owning Automotive Finco security.