Devport Ab Stock Current Ratio

DEVP-B Stock  SEK 27.90  0.30  1.06%   
DevPort AB fundamentals help investors to digest information that contributes to DevPort AB's financial success or failures. It also enables traders to predict the movement of DevPort Stock. The fundamental analysis module provides a way to measure DevPort AB'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 DevPort AB stock.
  
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DevPort AB Company Current Ratio Analysis

DevPort AB'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

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Current DevPort AB Current Ratio

    
  1.41 X  
Most of DevPort AB'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, DevPort AB 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, DevPort AB has a Current Ratio of 1.41 times. This is 50.18% lower than that of the Technology sector and 32.86% lower than that of the Software - Application industry. The current ratio for all Sweden stocks is 34.72% higher than that of the company.

DevPort Current Ratio Peer Comparison

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

DevPort Fundamentals

About DevPort AB Fundamental Analysis

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

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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.
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Other Information on Investing in DevPort Stock

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