Lkq Corporation Stock Current Ratio

LKQ1 Stock  EUR 37.00  0.20  0.54%   
LKQ Corporation fundamentals help investors to digest information that contributes to LKQ's financial success or failures. It also enables traders to predict the movement of LKQ Stock. The fundamental analysis module provides a way to measure LKQ'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 LKQ 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.

LKQ Corporation Company Current Ratio Analysis

LKQ'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 LKQ Current Ratio

    
  2.74 X  
Most of LKQ'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, LKQ Corporation 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, LKQ Corporation has a Current Ratio of 2.74 times. This is 20.7% higher than that of the Consumer Cyclical sector and 54.8% higher than that of the Auto Parts industry. The current ratio for all Germany stocks is 26.85% lower than that of the firm.

LKQ Current Ratio Peer Comparison

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

LKQ Fundamentals

About LKQ Fundamental Analysis

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

When determining whether LKQ Corporation 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 LKQ 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 Lkq Corporation Stock. Highlighted below are key reports to facilitate an investment decision about Lkq Corporation Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LKQ Corporation. 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.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Please note, there is a significant difference between LKQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if LKQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LKQ'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.