Mallinckrodt Plc Stock Current Ratio

MNKDelisted Stock  USD 0.46  0.02  4.17%   
Mallinckrodt Plc fundamentals help investors to digest information that contributes to Mallinckrodt Plc's financial success or failures. It also enables traders to predict the movement of Mallinckrodt Stock. The fundamental analysis module provides a way to measure Mallinckrodt Plc'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 Mallinckrodt Plc 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.

Mallinckrodt Plc Company Current Ratio Analysis

Mallinckrodt Plc'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 Mallinckrodt Plc Current Ratio

    
  2.98 X  
Most of Mallinckrodt Plc'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, Mallinckrodt 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, Mallinckrodt Plc has a Current Ratio of 2.98 times. This is 2.41% higher than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The current ratio for all United States stocks is 37.96% lower than that of the firm.

Mallinckrodt Current Ratio Peer Comparison

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

Mallinckrodt Fundamentals

About Mallinckrodt Plc Fundamental Analysis

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

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Check out Correlation Analysis to better understand how to build diversified portfolios. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Other Consideration for investing in Mallinckrodt Stock

If you are still planning to invest in Mallinckrodt Plc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mallinckrodt Plc's history and understand the potential risks before investing.
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