Elco Stock Current Liabilities

ELCO Stock  ILS 12,490  30.00  0.24%   
Elco fundamentals help investors to digest information that contributes to Elco's financial success or failures. It also enables traders to predict the movement of Elco Stock. The fundamental analysis module provides a way to measure Elco'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 Elco 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.

Elco Company Current Liabilities Analysis

Elco's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Current Elco Current Liabilities

    
  3.18 B  
Most of Elco's fundamental indicators, such as Current Liabilities, 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, Elco is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

In accordance with the recently published financial statements, Elco has a Current Liabilities of 3.18 B. This is 257.63% higher than that of the Construction & Engineering sector and significantly higher than that of the Industrials industry. The current liabilities for all Israel stocks is 59.73% higher than that of the company.

Elco Current Liabilities Peer Comparison

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

Elco Fundamentals

About Elco Fundamental Analysis

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

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