Ing Group Nv Stock Current Ratio
ING Stock | USD 15.64 0.05 0.32% |
ING Group NV fundamentals help investors to digest information that contributes to ING Group's financial success or failures. It also enables traders to predict the movement of ING Stock. The fundamental analysis module provides a way to measure ING Group'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 ING Group stock.
Last Reported | Projected for Next Year | ||
Current Ratio | 0.17 | 0.16 |
ING | Current Ratio |
ING Group NV Company Current Ratio Analysis
ING Group'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 ING Group Current Ratio | 1.20 X |
Most of ING Group'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, ING Group NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ING Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for ING Group is extremely important. It helps to project a fair market value of ING Stock properly, considering its historical fundamentals such as Current Ratio. Since ING Group's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ING Group's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ING Group's interrelated accounts and indicators.
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ING Current Ratio Historical Pattern
Today, most investors in ING Group Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ING Group's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ING Group current ratio as a starting point in their analysis.
ING Group Current Ratio |
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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).
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ING Discontinued Operations
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In accordance with the recently published financial statements, ING Group NV has a Current Ratio of 1.2 times. This is 70.37% lower than that of the Banks sector and significantly higher than that of the Financials industry. The current ratio for all United States stocks is 44.44% higher than that of the company.
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ING Group ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ING Group's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ING Group's managers, analysts, and investors.Environmental | Governance | Social |
ING Fundamentals
Return On Equity | 0.0745 | |||
Return On Asset | 0.0038 | |||
Profit Margin | 0.21 % | |||
Operating Margin | 0.48 % | |||
Current Valuation | 100.97 B | |||
Shares Outstanding | 3.13 B | |||
Shares Owned By Institutions | 5.54 % | |||
Number Of Shares Shorted | 3.07 M | |||
Price To Earning | 15.68 X | |||
Price To Book | 0.90 X | |||
Price To Sales | 2.88 X | |||
Revenue | 17.63 B | |||
Gross Profit | 29.42 B | |||
EBITDA | (235 M) | |||
Net Income | 4.14 B | |||
Cash And Equivalents | 259.31 B | |||
Cash Per Share | 68.96 X | |||
Total Debt | 150 B | |||
Debt To Equity | 3.09 % | |||
Current Ratio | 1.20 X | |||
Book Value Per Share | 16.22 X | |||
Cash Flow From Operations | (11.34 B) | |||
Short Ratio | 1.78 X | |||
Earnings Per Share | 2.19 X | |||
Price To Earnings To Growth | 0.41 X | |||
Target Price | 19.4 | |||
Number Of Employees | 60 K | |||
Beta | 1.57 | |||
Market Capitalization | 49.57 B | |||
Total Asset | 975.58 B | |||
Retained Earnings | 36.85 B | |||
Working Capital | (434.29 B) | |||
Current Asset | 190.87 B | |||
Current Liabilities | 625.16 B | |||
Annual Yield | 0.08 % | |||
Five Year Return | 5.57 % | |||
Net Asset | 975.58 B | |||
Last Dividend Paid | 1.11 |
About ING Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ING Group NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ING Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ING Group NV 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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When determining whether ING Group NV is a strong investment it is important to analyze ING Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ING Group's future performance. For an informed investment choice regarding ING Stock, refer to the following important reports:Check out ING Group Piotroski F Score and ING Group Altman Z Score analysis. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ING Group. If investors know ING will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ING Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.054 | Dividend Share 1.106 | Earnings Share 2.19 | Revenue Per Share 5.223 | Quarterly Revenue Growth (0.01) |
The market value of ING Group NV is measured differently than its book value, which is the value of ING that is recorded on the company's balance sheet. Investors also form their own opinion of ING Group's value that differs from its market value or its book value, called intrinsic value, which is ING Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ING Group's market value can be influenced by many factors that don't directly affect ING Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ING Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ING Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ING Group'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.