Delek Automotive Systems Stock Current Ratio

DLEA Stock  ILA 3,240  81.00  2.56%   
Delek Automotive Systems fundamentals help investors to digest information that contributes to Delek Automotive's financial success or failures. It also enables traders to predict the movement of Delek Stock. The fundamental analysis module provides a way to measure Delek Automotive'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 Delek Automotive stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Delek Automotive Systems Company Current Ratio Analysis

Delek Automotive'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 Delek Automotive Current Ratio

    
  1.04 X  
Most of Delek Automotive'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, Delek Automotive Systems 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, Delek Automotive Systems has a Current Ratio of 1.04 times. This is 54.19% lower than that of the Specialty Retail sector and 55.17% lower than that of the Consumer Discretionary industry. The current ratio for all Israel stocks is 51.85% higher than that of the company.

Delek Current Ratio Peer Comparison

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

Delek Fundamentals

About Delek Automotive Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Delek Stock

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