Thessaloniki Water Supply Stock Current Ratio

EYAPS Stock  EUR 3.16  0.04  1.28%   
Thessaloniki Water Supply fundamentals help investors to digest information that contributes to Thessaloniki Water's financial success or failures. It also enables traders to predict the movement of Thessaloniki Stock. The fundamental analysis module provides a way to measure Thessaloniki Water'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 Thessaloniki Water stock.
  
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Thessaloniki Water Supply Company Current Ratio Analysis

Thessaloniki Water'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 Thessaloniki Water Current Ratio

    
  9.84 X  
Most of Thessaloniki Water'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, Thessaloniki Water Supply 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, Thessaloniki Water Supply has a Current Ratio of 9.84 times. This is much higher than that of the Utilities sector and notably higher than that of the Water Utilities industry. The current ratio for all Greece stocks is notably lower than that of the firm.

Thessaloniki Current Ratio Peer Comparison

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

Thessaloniki Fundamentals

About Thessaloniki Water Fundamental Analysis

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

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