Distoken Acquisition Stock Current Ratio

DIST Stock   11.20  0.02  0.18%   
Distoken Acquisition fundamentals help investors to digest information that contributes to Distoken Acquisition's financial success or failures. It also enables traders to predict the movement of Distoken Stock. The fundamental analysis module provides a way to measure Distoken Acquisition'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 Distoken Acquisition stock.
Last ReportedProjected for Next Year
Current Ratio 0.23  0.24 
Current Ratio is likely to gain to 0.24 in 2024.
  
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Distoken Acquisition Company Current Ratio Analysis

Distoken Acquisition'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 Distoken Acquisition Current Ratio

    
  0.24  
Most of Distoken Acquisition'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, Distoken Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Distoken Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Distoken Acquisition is extremely important. It helps to project a fair market value of Distoken Stock properly, considering its historical fundamentals such as Current Ratio. Since Distoken Acquisition'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 Distoken Acquisition'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 Distoken Acquisition's interrelated accounts and indicators.
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1.0-0.92-0.68-1.01.00.780.661.0-0.381.01.0-0.81-0.380.840.950.95
-0.93-0.920.350.93-0.92-0.91-0.84-0.930.01-0.93-0.920.960.01-0.89-0.86-0.86
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-1.0-1.00.930.66-1.0-0.81-0.69-1.00.36-1.0-1.00.830.36-0.86-0.96-0.96
1.01.0-0.92-0.68-1.00.780.661.0-0.381.01.0-0.81-0.380.840.950.95
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-0.37-0.380.010.940.36-0.380.190.36-0.38-0.38-0.38-0.221.00.03-0.36-0.36
1.01.0-0.93-0.67-1.01.00.780.661.0-0.381.0-0.82-0.380.840.950.95
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Distoken Current Ratio Historical Pattern

Today, most investors in Distoken Acquisition Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Distoken Acquisition's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Distoken Acquisition current ratio as a starting point in their analysis.
   Distoken Acquisition Current Ratio   
       Timeline  
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

Distoken Current Ratio Peer Comparison

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

Distoken Acquisition ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Distoken Acquisition's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Distoken Acquisition's managers, analysts, and investors.
Environmental
Governance
Social

Distoken Fundamentals

About Distoken Acquisition Fundamental Analysis

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

When running Distoken Acquisition's price analysis, check to measure Distoken Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Distoken Acquisition is operating at the current time. Most of Distoken Acquisition's value examination focuses on studying past and present price action to predict the probability of Distoken Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Distoken Acquisition's price. Additionally, you may evaluate how the addition of Distoken Acquisition to your portfolios can decrease your overall portfolio volatility.