Centerpoint Energy Stock Current Ratio

HOU Stock  EUR 31.00  0.20  0.64%   
CenterPoint Energy fundamentals help investors to digest information that contributes to CenterPoint Energy's financial success or failures. It also enables traders to predict the movement of CenterPoint Stock. The fundamental analysis module provides a way to measure CenterPoint Energy'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 CenterPoint Energy 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.

CenterPoint Energy Company Current Ratio Analysis

CenterPoint Energy'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 CenterPoint Energy Current Ratio

    
  1.09 X  
Most of CenterPoint Energy'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, CenterPoint Energy 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, CenterPoint Energy has a Current Ratio of 1.09 times. This is 16.15% lower than that of the Utilities sector and 53.52% higher than that of the Utilities - Regulated Gas industry. The current ratio for all Germany stocks is 49.54% higher than that of the company.

CenterPoint Current Ratio Peer Comparison

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

CenterPoint Fundamentals

About CenterPoint Energy Fundamental Analysis

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

When determining whether CenterPoint Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CenterPoint Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Centerpoint Energy Stock. Highlighted below are key reports to facilitate an investment decision about Centerpoint Energy Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in CenterPoint Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in CenterPoint Stock please use our How to Invest in CenterPoint Energy guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Please note, there is a significant difference between CenterPoint Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CenterPoint Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CenterPoint Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.