Kewaunee Scientific Stock Current Ratio

KEQU Stock  USD 42.54  1.16  2.65%   
Kewaunee Scientific fundamentals help investors to digest information that contributes to Kewaunee Scientific's financial success or failures. It also enables traders to predict the movement of Kewaunee Stock. The fundamental analysis module provides a way to measure Kewaunee Scientific'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 Kewaunee Scientific stock.
Last ReportedProjected for Next Year
Current Ratio 2.37  1.59 
Current Ratio is likely to drop to 1.59 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Kewaunee Scientific Company Current Ratio Analysis

Kewaunee Scientific'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 Kewaunee Scientific Current Ratio

    
  1.98 X  
Most of Kewaunee Scientific'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, Kewaunee Scientific is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Kewaunee Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Kewaunee Scientific is extremely important. It helps to project a fair market value of Kewaunee Stock properly, considering its historical fundamentals such as Current Ratio. Since Kewaunee Scientific'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 Kewaunee Scientific'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 Kewaunee Scientific's interrelated accounts and indicators.
0.4-0.380.17-0.180.960.990.090.960.520.960.70.74-0.750.240.5-0.80.77-0.65-0.360.770.81
0.4-0.330.93-0.020.240.430.40.360.60.460.470.4-0.450.490.82-0.510.71-0.230.530.30.02
-0.38-0.33-0.330.64-0.21-0.40.18-0.19-0.19-0.370.06-0.34-0.07-0.01-0.39-0.030.00.2-0.3-0.46-0.56
0.170.93-0.33-0.04-0.010.190.480.090.610.220.20.16-0.190.510.73-0.280.47-0.040.640.06-0.14
-0.18-0.020.64-0.04-0.05-0.10.180.070.23-0.270.03-0.1-0.040.22-0.05-0.070.16-0.07-0.29-0.15-0.6
0.960.24-0.21-0.01-0.050.960.00.970.420.890.750.69-0.730.190.29-0.760.74-0.69-0.510.810.74
0.990.43-0.40.19-0.10.960.090.970.550.940.670.73-0.730.270.53-0.780.77-0.65-0.350.790.77
0.090.40.180.480.180.00.090.080.390.090.19-0.03-0.270.220.39-0.350.250.420.33-0.23-0.13
0.960.36-0.190.090.070.970.970.080.520.890.740.68-0.770.270.44-0.810.81-0.67-0.450.770.67
0.520.6-0.190.610.230.420.550.390.520.470.310.33-0.310.580.64-0.440.59-0.32-0.10.180.19
0.960.46-0.370.22-0.270.890.940.090.890.470.660.77-0.830.220.61-0.860.81-0.61-0.290.660.81
0.70.470.060.20.030.750.670.190.740.310.660.52-0.650.190.24-0.670.81-0.48-0.10.650.35
0.740.4-0.340.16-0.10.690.73-0.030.680.330.770.52-0.660.180.49-0.670.68-0.66-0.320.490.55
-0.75-0.45-0.07-0.19-0.04-0.73-0.73-0.27-0.77-0.31-0.83-0.65-0.66-0.14-0.590.99-0.860.440.27-0.41-0.47
0.240.49-0.010.510.220.190.270.220.270.580.220.190.18-0.140.42-0.210.41-0.160.080.11-0.04
0.50.82-0.390.73-0.050.290.530.390.440.640.610.240.49-0.590.42-0.640.66-0.190.270.150.26
-0.8-0.51-0.03-0.28-0.07-0.76-0.78-0.35-0.81-0.44-0.86-0.67-0.670.99-0.21-0.64-0.90.460.26-0.42-0.48
0.770.710.00.470.160.740.770.250.810.590.810.810.68-0.860.410.66-0.9-0.6-0.140.520.33
-0.65-0.230.2-0.04-0.07-0.69-0.650.42-0.67-0.32-0.61-0.48-0.660.44-0.16-0.190.46-0.60.52-0.63-0.41
-0.360.53-0.30.64-0.29-0.51-0.350.33-0.45-0.1-0.29-0.1-0.320.270.080.270.26-0.140.52-0.17-0.36
0.770.3-0.460.06-0.150.810.79-0.230.770.180.660.650.49-0.410.110.15-0.420.52-0.63-0.170.58
0.810.02-0.56-0.14-0.60.740.77-0.130.670.190.810.350.55-0.47-0.040.26-0.480.33-0.41-0.360.58
Click cells to compare fundamentals

Kewaunee Current Ratio Historical Pattern

Today, most investors in Kewaunee Scientific Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Kewaunee Scientific'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 Kewaunee Scientific current ratio as a starting point in their analysis.
   Kewaunee Scientific Current Ratio   
       Timeline  
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

Kewaunee Price To Sales Ratio

Price To Sales Ratio

0.53

At this time, Kewaunee Scientific's Price To Sales Ratio is comparatively stable compared to the past year.
In accordance with the recently published financial statements, Kewaunee Scientific has a Current Ratio of 1.98 times. This is 12.78% lower than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The current ratio for all United States stocks is 8.33% higher than that of the company.

Kewaunee Current Ratio Peer Comparison

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

Kewaunee Scientific 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, Kewaunee Scientific's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Kewaunee Scientific's managers, analysts, and investors.
Environmental
Governance
Social

Kewaunee Fundamentals

About Kewaunee Scientific Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Kewaunee Stock Analysis

When running Kewaunee Scientific's price analysis, check to measure Kewaunee Scientific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kewaunee Scientific is operating at the current time. Most of Kewaunee Scientific's value examination focuses on studying past and present price action to predict the probability of Kewaunee Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kewaunee Scientific's price. Additionally, you may evaluate how the addition of Kewaunee Scientific to your portfolios can decrease your overall portfolio volatility.