Rovsing As Stock Current Asset
| ROV Stock | DKK 40.60 0.40 0.98% |
Rovsing AS fundamentals help investors to digest information that contributes to Rovsing AS's financial success or failures. It also enables traders to predict the movement of Rovsing Stock. The fundamental analysis module provides a way to measure Rovsing AS'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 Rovsing AS stock.
Rovsing |
Rovsing AS Company Current Asset Analysis
Rovsing AS'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 Rovsing AS Current Asset | 7 M |
Most of Rovsing AS'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, Rovsing AS 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, Rovsing AS has a Current Asset of 7 M. This is 99.42% lower than that of the Industrials sector and 99.85% lower than that of the Aerospace & Defense industry. The current asset for all Denmark stocks is 99.93% higher than that of the company.
Rovsing Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rovsing AS's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rovsing AS could also be used in its relative valuation, which is a method of valuing Rovsing AS by comparing valuation metrics of similar companies.Rovsing AS is currently under evaluation in current asset category among its peers.
Rovsing Fundamentals
| Return On Equity | -0.18 | |||
| Return On Asset | -0.0155 | |||
| Profit Margin | (0.06) % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 43.96 M | |||
| Shares Outstanding | 474.97 K | |||
| Shares Owned By Insiders | 14.20 % | |||
| Shares Owned By Institutions | 0.39 % | |||
| Price To Earning | (5.66) X | |||
| Price To Book | 3.37 X | |||
| Price To Sales | 0.98 X | |||
| Revenue | 27.01 M | |||
| Gross Profit | 21.05 M | |||
| EBITDA | 1.13 M | |||
| Net Income | (1.55 M) | |||
| Cash And Equivalents | 256 K | |||
| Cash Per Share | 0.55 X | |||
| Total Debt | 4.2 M | |||
| Debt To Equity | 0.86 % | |||
| Current Ratio | 1.02 X | |||
| Book Value Per Share | 17.13 X | |||
| Cash Flow From Operations | (4.78 M) | |||
| Earnings Per Share | (7.34) X | |||
| Number Of Employees | 23 | |||
| Beta | 0.73 | |||
| Market Capitalization | 28.69 M | |||
| Total Asset | 32.52 M | |||
| Retained Earnings | 10 M | |||
| Working Capital | (9 M) | |||
| Current Asset | 7 M | |||
| Current Liabilities | 16 M | |||
| Z Score | 3.6 | |||
| Net Asset | 32.52 M |
About Rovsing AS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rovsing AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rovsing AS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rovsing AS 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.
Pair Trading with Rovsing AS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rovsing AS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rovsing AS will appreciate offsetting losses from the drop in the long position's value.Moving against Rovsing Stock
The ability to find closely correlated positions to Rovsing AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rovsing AS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rovsing AS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rovsing AS to buy it.
The correlation of Rovsing AS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rovsing AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rovsing AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rovsing AS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Rovsing Stock
Rovsing AS financial ratios help investors to determine whether Rovsing 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 Rovsing with respect to the benefits of owning Rovsing AS security.