Banco Ita Chile Stock Current Ratio

ITCLDelisted Stock   3.77  0.12  3.08%   
Banco Ita Chile fundamentals help investors to digest information that contributes to Banco Ita's financial success or failures. It also enables traders to predict the movement of Banco Stock. The fundamental analysis module provides a way to measure Banco Ita'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 Banco Ita 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.

Banco Ita Chile Company Current Ratio Analysis

Banco Ita'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
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, Banco Ita Chile 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 United States stocks is 100.0% higher than that of the company.

Banco Current Ratio Peer Comparison

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

Banco Fundamentals

About Banco Ita Fundamental Analysis

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

If you are still planning to invest in Banco Ita Chile check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Banco Ita's history and understand the potential risks before investing.
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