Ncc Ab Stock Current Ratio

NCC-B Stock  SEK 159.90  1.80  1.11%   
NCC AB fundamentals help investors to digest information that contributes to NCC AB's financial success or failures. It also enables traders to predict the movement of NCC Stock. The fundamental analysis module provides a way to measure NCC AB'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 NCC AB 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.

NCC AB Company Current Ratio Analysis

NCC AB'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

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Current NCC AB Current Ratio

    
  1.07 X  
Most of NCC AB'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, NCC AB 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, NCC AB has a Current Ratio of 1.07 times. This is 48.06% lower than that of the Industrials sector and 37.43% lower than that of the Engineering & Construction industry. The current ratio for all Sweden stocks is 50.46% higher than that of the company.

NCC Current Ratio Peer Comparison

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

NCC Fundamentals

About NCC AB Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for NCC Stock Analysis

When running NCC AB's price analysis, check to measure NCC AB'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 NCC AB is operating at the current time. Most of NCC AB's value examination focuses on studying past and present price action to predict the probability of NCC AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NCC AB's price. Additionally, you may evaluate how the addition of NCC AB to your portfolios can decrease your overall portfolio volatility.