Novolog Pharm Up 1966 Stock Current Ratio
NVLG Stock | 169.90 0.50 0.30% |
Novolog Pharm Up 1966 fundamentals help investors to digest information that contributes to Novolog Pharm's financial success or failures. It also enables traders to predict the movement of Novolog Stock. The fundamental analysis module provides a way to measure Novolog Pharm'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 Novolog Pharm stock.
Novolog |
Novolog Pharm Up 1966 Company Current Ratio Analysis
Novolog Pharm'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 Novolog Pharm Current Ratio | 0.96 X |
Most of Novolog Pharm'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, Novolog Pharm Up 1966 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, Novolog Pharm Up 1966 has a Current Ratio of 0.96 times. This is 67.01% lower than that of the Health Care Providers & Services sector and 31.43% lower than that of the Health Care industry. The current ratio for all Israel stocks is 55.56% higher than that of the company.
Novolog Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Novolog Pharm'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 Novolog Pharm could also be used in its relative valuation, which is a method of valuing Novolog Pharm by comparing valuation metrics of similar companies.Novolog Pharm is currently under evaluation in current ratio category among its peers.
Novolog Fundamentals
Return On Equity | 0.11 | |||
Return On Asset | 0.0174 | |||
Profit Margin | 0.03 % | |||
Operating Margin | 0.05 % | |||
Current Valuation | 1.45 B | |||
Shares Outstanding | 508.7 M | |||
Shares Owned By Insiders | 42.45 % | |||
Shares Owned By Institutions | 40.71 % | |||
Price To Book | 3.24 X | |||
Price To Sales | 0.99 X | |||
Revenue | 1.26 B | |||
Gross Profit | 154.67 M | |||
EBITDA | 115.92 M | |||
Net Income | 42.32 M | |||
Cash And Equivalents | 107.97 M | |||
Cash Per Share | 0.31 X | |||
Total Debt | 916 K | |||
Debt To Equity | 0.60 % | |||
Current Ratio | 0.96 X | |||
Book Value Per Share | 0.86 X | |||
Cash Flow From Operations | 83.39 M | |||
Earnings Per Share | 0.08 X | |||
Target Price | 2.1 | |||
Number Of Employees | 900 | |||
Beta | 0.2 | |||
Market Capitalization | 1.09 B | |||
Total Asset | 2.29 B | |||
Annual Yield | 0.03 % | |||
Net Asset | 2.29 B | |||
Last Dividend Paid | 0.063 |
About Novolog Pharm Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Novolog Pharm Up 1966's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Novolog Pharm using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Novolog Pharm Up 1966 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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Novolog Pharm financial ratios help investors to determine whether Novolog 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 Novolog with respect to the benefits of owning Novolog Pharm security.