National Instruments Stock Current Ratio
NATIDelisted Stock | USD 56.35 0.41 0.73% |
National Instruments fundamentals help investors to digest information that contributes to National Instruments' financial success or failures. It also enables traders to predict the movement of National Stock. The fundamental analysis module provides a way to measure National Instruments' 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 National Instruments stock.
National |
National Instruments Company Current Ratio Analysis
National Instruments' 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 National Instruments Current Ratio | 2.45 X |
Most of National Instruments' 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, National Instruments 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).
CompetitionIn accordance with the recently published financial statements, National Instruments has a Current Ratio of 2.45 times. This is 13.43% lower than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The current ratio for all United States stocks is 13.43% lower than that of the firm.
National Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses National Instruments' 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 National Instruments could also be used in its relative valuation, which is a method of valuing National Instruments by comparing valuation metrics of similar companies.National Instruments is currently under evaluation in current ratio category among its peers.
National Fundamentals
Return On Equity | 0.15 | |||
Return On Asset | 0.0801 | |||
Profit Margin | 0.10 % | |||
Operating Margin | 0.17 % | |||
Current Valuation | 8.47 B | |||
Shares Outstanding | 132.8 M | |||
Shares Owned By Insiders | 0.74 % | |||
Shares Owned By Institutions | 85.23 % | |||
Number Of Shares Shorted | 7.72 M | |||
Price To Earning | 39.08 X | |||
Price To Book | 4.67 X | |||
Price To Sales | 3.11 X | |||
Revenue | 1.66 B | |||
Gross Profit | 1.13 B | |||
EBITDA | 215.5 M | |||
Net Income | 139.64 M | |||
Cash And Equivalents | 149 M | |||
Cash Per Share | 1.14 X | |||
Total Debt | 586.06 M | |||
Debt To Equity | 0.55 % | |||
Current Ratio | 2.45 X | |||
Book Value Per Share | 9.17 X | |||
Cash Flow From Operations | 42.96 M | |||
Short Ratio | 5.81 X | |||
Earnings Per Share | 1.35 X | |||
Price To Earnings To Growth | 0.74 X | |||
Target Price | 60.0 | |||
Number Of Employees | 7 K | |||
Beta | 1.18 | |||
Market Capitalization | 7.97 B | |||
Total Asset | 2.36 B | |||
Retained Earnings | (14.74 M) | |||
Working Capital | 566.04 M | |||
Current Asset | 799.74 M | |||
Current Liabilities | 240.22 M | |||
Z Score | 9.44 | |||
Annual Yield | 0.02 % | |||
Five Year Return | 2.43 % | |||
Net Asset | 2.36 B | |||
Last Dividend Paid | 1.12 |
About National Instruments Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze National Instruments's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Instruments using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Instruments 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.
Currently Active Assets on Macroaxis
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 estimate. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Other Consideration for investing in National Stock
If you are still planning to invest in National Instruments 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 National Instruments' history and understand the potential risks before investing.
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing |