Kingspan Group Plc Stock Current Ratio

KGSPY Stock  USD 74.33  0.34  0.46%   
Kingspan Group PLC fundamentals help investors to digest information that contributes to Kingspan Group's financial success or failures. It also enables traders to predict the movement of Kingspan Pink Sheet. The fundamental analysis module provides a way to measure Kingspan 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 Kingspan Group pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Kingspan Group PLC Company Current Ratio Analysis

Kingspan 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 Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Kingspan Group Current Ratio

    
  1.56 X  
Most of Kingspan 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, Kingspan Group PLC 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, Kingspan Group PLC has a Current Ratio of 1.56 times. This is 24.27% lower than that of the Industrials sector and significantly higher than that of the Building Products & Equipment industry. The current ratio for all United States stocks is 27.78% higher than that of the company.

Kingspan Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kingspan Group's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Kingspan Group could also be used in its relative valuation, which is a method of valuing Kingspan Group by comparing valuation metrics of similar companies.
Kingspan Group is currently under evaluation in current ratio category among its peers.

Kingspan Fundamentals

About Kingspan Group Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Kingspan Pink Sheet Analysis

When running Kingspan Group's price analysis, check to measure Kingspan Group'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 Kingspan Group is operating at the current time. Most of Kingspan Group's value examination focuses on studying past and present price action to predict the probability of Kingspan Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingspan Group's price. Additionally, you may evaluate how the addition of Kingspan Group to your portfolios can decrease your overall portfolio volatility.