Aimia Inc Stock Current Ratio

AIM Stock  CAD 2.57  0.05  1.91%   
Aimia Inc fundamentals help investors to digest information that contributes to Aimia's financial success or failures. It also enables traders to predict the movement of Aimia Stock. The fundamental analysis module provides a way to measure Aimia'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 Aimia stock.
Last ReportedProjected for Next Year
Current Ratio 3.14  5.66 
As of the 20th of January 2025, Current Ratio is likely to grow to 5.66.
  
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Aimia Inc Company Current Ratio Analysis

Aimia'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 Aimia Current Ratio

    
  25.20 X  
Most of Aimia'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, Aimia Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Aimia Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Aimia is extremely important. It helps to project a fair market value of Aimia Stock properly, considering its historical fundamentals such as Current Ratio. Since Aimia's 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 Aimia's 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 Aimia's interrelated accounts and indicators.
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

Aimia Discontinued Operations

Discontinued Operations

764,750

At this time, Aimia's Discontinued Operations is very stable compared to the past year.
In accordance with the recently published financial statements, Aimia Inc has a Current Ratio of 25.2 times. This is much higher than that of the Capital Markets 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.

Aimia Current Ratio Peer Comparison

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

Aimia Fundamentals

About Aimia Fundamental Analysis

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

Other Information on Investing in Aimia Stock

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