Boyd Gaming Stock Current Ratio

BO5 Stock  EUR 69.00  0.50  0.72%   
Boyd Gaming fundamentals help investors to digest information that contributes to Boyd Gaming's financial success or failures. It also enables traders to predict the movement of Boyd Stock. The fundamental analysis module provides a way to measure Boyd Gaming'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 Boyd Gaming stock.
  
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Boyd Gaming Company Current Ratio Analysis

Boyd Gaming'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 Boyd Gaming Current Ratio

    
  0.72 X  
Most of Boyd Gaming'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, Boyd Gaming 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, Boyd Gaming has a Current Ratio of 0.72 times. This is 68.28% lower than that of the Consumer Cyclical sector and 63.08% lower than that of the Resorts & Casinos industry. The current ratio for all Germany stocks is 66.67% higher than that of the company.

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Boyd Fundamentals

About Boyd Gaming Fundamental Analysis

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

When determining whether Boyd Gaming is a strong investment it is important to analyze Boyd Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Boyd Gaming's future performance. For an informed investment choice regarding Boyd Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boyd Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Boyd Stock please use our How to Invest in Boyd Gaming guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Please note, there is a significant difference between Boyd Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boyd Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boyd Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.