Petro Rio Sa Stock Current Asset

PRIO3 Stock  BRL 40.40  1.27  3.25%   
Petro Rio SA fundamentals help investors to digest information that contributes to Petro Rio's financial success or failures. It also enables traders to predict the movement of Petro Stock. The fundamental analysis module provides a way to measure Petro Rio'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 Petro Rio 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.

Petro Rio SA Company Current Asset Analysis

Petro Rio's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Liquid Assets

More About Current Asset | All Equity Analysis

Current Petro Rio Current Asset

    
  749 M  
Most of Petro Rio's fundamental indicators, such as Current Asset, 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, Petro Rio SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, Petro Rio SA has a Current Asset of 749 M. This is 89.48% lower than that of the Oil, Gas & Consumable Fuels sector and 78.72% lower than that of the Energy industry. The current asset for all Brazil stocks is 91.98% higher than that of the company.

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Petro Fundamentals

About Petro Rio Fundamental Analysis

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

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