Magazine Luiza Sa Stock Current Ratio
| MGLU3 Stock | BRL 9.14 0.24 2.56% |
Magazine Luiza SA fundamentals help investors to digest information that contributes to Magazine Luiza's financial success or failures. It also enables traders to predict the movement of Magazine Stock. The fundamental analysis module provides a way to measure Magazine Luiza'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 Magazine Luiza stock.
Magazine |
Magazine Luiza SA Company Current Ratio Analysis
Magazine Luiza'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 Magazine Luiza Current Ratio | 1.40 X |
Most of Magazine Luiza'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, Magazine Luiza SA 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, Magazine Luiza SA has a Current Ratio of 1.4 times. This is 38.33% lower than that of the Multiline Retail sector and 21.35% lower than that of the Consumer Discretionary industry. The current ratio for all Brazil stocks is 35.19% higher than that of the company.
Magazine Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magazine Luiza'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 Magazine Luiza could also be used in its relative valuation, which is a method of valuing Magazine Luiza by comparing valuation metrics of similar companies.Magazine Luiza is currently under evaluation in current ratio category among its peers.
Magazine Fundamentals
| Return On Equity | -0.0341 | |||
| Return On Asset | 0.0079 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 27.31 B | |||
| Shares Outstanding | 6.68 B | |||
| Shares Owned By Insiders | 56.49 % | |||
| Shares Owned By Institutions | 15.60 % | |||
| Price To Earning | 128.32 X | |||
| Price To Book | 1.73 X | |||
| Price To Sales | 0.49 X | |||
| Revenue | 35.28 B | |||
| Gross Profit | 8.49 B | |||
| EBITDA | 996.2 M | |||
| Net Income | 590.66 M | |||
| Cash And Equivalents | 1.78 B | |||
| Cash Per Share | 0.27 X | |||
| Total Debt | 9.41 B | |||
| Debt To Equity | 0.74 % | |||
| Current Ratio | 1.40 X | |||
| Book Value Per Share | 1.62 X | |||
| Cash Flow From Operations | (4.36 B) | |||
| Earnings Per Share | 0.02 X | |||
| Price To Earnings To Growth | 0.52 X | |||
| Target Price | 5.22 | |||
| Number Of Employees | 40 K | |||
| Beta | 0.68 | |||
| Market Capitalization | 27.58 B | |||
| Total Asset | 38.38 B | |||
| Retained Earnings | 124 M | |||
| Working Capital | 785 M | |||
| Current Asset | 2.67 B | |||
| Current Liabilities | 1.89 B | |||
| Z Score | 1.2 | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 38.38 B | |||
| Last Dividend Paid | 0.015 |
About Magazine Luiza Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Magazine Luiza SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magazine Luiza using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magazine Luiza SA 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 running Magazine Luiza's price analysis, check to measure Magazine Luiza'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 Magazine Luiza is operating at the current time. Most of Magazine Luiza's value examination focuses on studying past and present price action to predict the probability of Magazine Luiza's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magazine Luiza's price. Additionally, you may evaluate how the addition of Magazine Luiza to your portfolios can decrease your overall portfolio volatility.