Equitable Group Stock Current Ratio
| EQB Stock | CAD 111.33 0.76 0.69% |
Equitable Group fundamentals help investors to digest information that contributes to Equitable's financial success or failures. It also enables traders to predict the movement of Equitable Stock. The fundamental analysis module provides a way to measure Equitable'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 Equitable stock.
Equitable |
Equitable Group Company Current Ratio Analysis
Equitable'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.
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, Equitable Group has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The current ratio for all Canada stocks is 100.0% higher than that of the company.
Equitable Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Equitable'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 Equitable could also be used in its relative valuation, which is a method of valuing Equitable by comparing valuation metrics of similar companies.Equitable is currently under evaluation in current ratio category among its peers.
Equitable Fundamentals
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0076 | |||
| Profit Margin | 0.40 % | |||
| Operating Margin | 0.51 % | |||
| Current Valuation | 19.08 B | |||
| Shares Outstanding | 38.38 M | |||
| Shares Owned By Insiders | 28.95 % | |||
| Shares Owned By Institutions | 22.54 % | |||
| Number Of Shares Shorted | 441.95 K | |||
| Price To Earning | 7.77 X | |||
| Price To Book | 1.39 X | |||
| Price To Sales | 3.78 X | |||
| Revenue | 3.05 B | |||
| Gross Profit | 744.93 M | |||
| EBITDA | 46.99 M | |||
| Net Income | 445.91 M | |||
| Cash And Equivalents | 1.78 B | |||
| Cash Per Share | 105.97 X | |||
| Total Debt | 17.37 B | |||
| Debt To Equity | 0.38 % | |||
| Book Value Per Share | 79.52 X | |||
| Cash Flow From Operations | 596.45 M | |||
| Short Ratio | 10.87 X | |||
| Earnings Per Share | 9.31 X | |||
| Price To Earnings To Growth | 0.27 X | |||
| Target Price | 112.71 | |||
| Number Of Employees | 1.85 K | |||
| Beta | 1.6 | |||
| Market Capitalization | 4.24 B | |||
| Total Asset | 52.93 B | |||
| Retained Earnings | 2.19 B | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 1.56 % | |||
| Net Asset | 52.93 B | |||
| Last Dividend Paid | 1.32 |
About Equitable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Equitable Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equitable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equitable Group 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.
Other Information on Investing in Equitable Stock
Equitable financial ratios help investors to determine whether Equitable 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 Equitable with respect to the benefits of owning Equitable security.