Now Inc Stock Current Ratio

DNOW Stock  MXN 238.00  0.00  0.00%   
NOW Inc fundamentals help investors to digest information that contributes to NOW's financial success or failures. It also enables traders to predict the movement of NOW Stock. The fundamental analysis module provides a way to measure NOW'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 NOW 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.

NOW Inc Company Current Ratio Analysis

NOW'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 NOW Current Ratio

    
  2.64 X  
Most of NOW'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, NOW Inc 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, NOW Inc has a Current Ratio of 2.64 times. This is 88.57% higher than that of the Energy sector and 8.97% lower than that of the Oil & Gas Equipment & Services industry. The current ratio for all Mexico stocks is 22.22% lower than that of the firm.

NOW Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NOW'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 NOW could also be used in its relative valuation, which is a method of valuing NOW by comparing valuation metrics of similar companies.
NOW is rated # 4 in current ratio category among its peers.

NOW Fundamentals

About NOW Fundamental Analysis

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

When running NOW's price analysis, check to measure NOW'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 NOW is operating at the current time. Most of NOW's value examination focuses on studying past and present price action to predict the probability of NOW's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOW's price. Additionally, you may evaluate how the addition of NOW to your portfolios can decrease your overall portfolio volatility.