Quanex Building Products Stock Current Liabilities

NX Stock  USD 31.51  0.63  2.04%   
Quanex Building Products fundamentals help investors to digest information that contributes to Quanex Building's financial success or failures. It also enables traders to predict the movement of Quanex Stock. The fundamental analysis module provides a way to measure Quanex Building'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 Quanex Building stock.
Non Current Liabilities Other is likely to rise to about 25.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 113.4 M in 2024.
  
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Quanex Building Products Company Current Liabilities Analysis

Quanex Building's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Current Quanex Building Current Liabilities

    
  114.13 M  
Most of Quanex Building's fundamental indicators, such as Current Liabilities, 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, Quanex Building Products is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Quanex Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Quanex Building is extremely important. It helps to project a fair market value of Quanex Stock properly, considering its historical fundamentals such as Current Liabilities. Since Quanex Building's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Quanex Building's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Quanex Building's interrelated accounts and indicators.
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Quanex Current Liabilities Historical Pattern

Today, most investors in Quanex Building Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Quanex Building's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Quanex Building current liabilities as a starting point in their analysis.
   Quanex Building Current Liabilities   
       Timeline  
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

Quanex Total Current Liabilities

Total Current Liabilities

113.37 Million

At this time, Quanex Building's Total Current Liabilities is fairly stable compared to the past year.
In accordance with the recently published financial statements, Quanex Building Products has a Current Liabilities of 114.13 M. This is 87.17% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The current liabilities for all United States stocks is 98.56% higher than that of the company.

Quanex Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quanex Building's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Quanex Building could also be used in its relative valuation, which is a method of valuing Quanex Building by comparing valuation metrics of similar companies.
Quanex Building is currently under evaluation in current liabilities category among its peers.

Quanex Building ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Quanex Building's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Quanex Building's managers, analysts, and investors.
Environmental
Governance
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Quanex Fundamentals

About Quanex Building Fundamental Analysis

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

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