Cosco Shipping Development Stock Current Ratio

CITAFDelisted Stock  USD 0.11  0.00  0.00%   
COSCO SHIPPING Development fundamentals help investors to digest information that contributes to COSCO SHIPPING's financial success or failures. It also enables traders to predict the movement of COSCO Pink Sheet. The fundamental analysis module provides a way to measure COSCO SHIPPING'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 COSCO SHIPPING pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

COSCO SHIPPING Development Company Current Ratio Analysis

COSCO SHIPPING'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 COSCO SHIPPING Current Ratio

    
  0.55 X  
Most of COSCO SHIPPING'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, COSCO SHIPPING Development 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, COSCO SHIPPING Development has a Current Ratio of 0.55 times. This is 73.3% lower than that of the sector and significantly higher than that of the Current Ratio industry. The current ratio for all United States stocks is 74.54% higher than that of the company.

COSCO Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses COSCO SHIPPING's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of COSCO SHIPPING could also be used in its relative valuation, which is a method of valuing COSCO SHIPPING by comparing valuation metrics of similar companies.
COSCO SHIPPING is currently under evaluation in current ratio category among its peers.

COSCO Fundamentals

About COSCO SHIPPING Fundamental Analysis

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

Currently Active Assets on Macroaxis

Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Other Consideration for investing in COSCO Pink Sheet

If you are still planning to invest in COSCO SHIPPING Devel check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the COSCO SHIPPING's history and understand the potential risks before investing.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Fundamental Analysis
View fundamental data based on most recent published financial statements
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Content Syndication
Quickly integrate customizable finance content to your own investment portal