Major Cineplex Lifestyle Stock Current Ratio
MJLF Stock | THB 4.14 0.04 0.98% |
Major Cineplex Lifestyle fundamentals help investors to digest information that contributes to Major Cineplex's financial success or failures. It also enables traders to predict the movement of Major Stock. The fundamental analysis module provides a way to measure Major Cineplex'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 Major Cineplex stock.
Major |
Major Cineplex Lifestyle Company Current Ratio Analysis
Major Cineplex'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 Major Cineplex Current Ratio | 18.30 X |
Most of Major Cineplex'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, Major Cineplex Lifestyle 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, Major Cineplex Lifestyle has a Current Ratio of 18.3 times. This is much higher than that of the Real Estate sector and 131.35% higher than that of the REIT - Retail industry. The current ratio for all Thailand stocks is notably lower than that of the firm.
Major Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Major Cineplex'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 Major Cineplex could also be used in its relative valuation, which is a method of valuing Major Cineplex by comparing valuation metrics of similar companies.Major Cineplex is currently under evaluation in current ratio category among its peers.
Major Fundamentals
Return On Equity | -0.0934 | |||
Return On Asset | 0.0399 | |||
Profit Margin | (1.04) % | |||
Operating Margin | 0.75 % | |||
Current Valuation | 1.66 B | |||
Shares Outstanding | 330 M | |||
Shares Owned By Insiders | 65.50 % | |||
Shares Owned By Institutions | 10.70 % | |||
Price To Earning | 16.82 X | |||
Price To Book | 0.56 X | |||
Price To Sales | 5.72 X | |||
Revenue | 298.48 M | |||
Gross Profit | 251.32 M | |||
EBITDA | 405.92 M | |||
Net Income | 401.2 M | |||
Cash And Equivalents | 288.19 M | |||
Cash Per Share | 0.87 X | |||
Current Ratio | 18.30 X | |||
Book Value Per Share | 10.52 X | |||
Cash Flow From Operations | 392.83 M | |||
Earnings Per Share | 1.01 X | |||
Number Of Employees | 10 | |||
Beta | 0.45 | |||
Market Capitalization | 1.93 B | |||
Total Asset | 4.25 B | |||
Annual Yield | 0.09 % | |||
Five Year Return | 7.44 % | |||
Net Asset | 4.25 B | |||
Last Dividend Paid | 0.22 |
About Major Cineplex Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Major Cineplex Lifestyle's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Major Cineplex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Major Cineplex Lifestyle 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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Major Cineplex financial ratios help investors to determine whether Major Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Major with respect to the benefits of owning Major Cineplex security.