Shapeways Holdings, Common Stock Current Ratio

SHPW Stock  USD 0.0002  0.00  0.00%   
Shapeways Holdings, Common fundamentals help investors to digest information that contributes to Shapeways Holdings,'s financial success or failures. It also enables traders to predict the movement of Shapeways Stock. The fundamental analysis module provides a way to measure Shapeways Holdings,'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 Shapeways Holdings, stock.
Last ReportedProjected for Next Year
Current Ratio 2.34  3.73 
Current Ratio is likely to climb to 3.73 in 2024.
  
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Shapeways Holdings, Common Company Current Ratio Analysis

Shapeways Holdings,'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

More About Current Ratio | All Equity Analysis

Current Shapeways Holdings, Current Ratio

    
  5.69 X  
Most of Shapeways Holdings,'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, Shapeways Holdings, Common is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Shapeways Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Shapeways Holdings, is extremely important. It helps to project a fair market value of Shapeways Stock properly, considering its historical fundamentals such as Current Ratio. Since Shapeways Holdings,'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 Shapeways Holdings,'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 Shapeways Holdings,'s interrelated accounts and indicators.
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

Shapeways Price To Sales Ratio

Price To Sales Ratio

514.17

At this time, Shapeways Holdings,'s Price To Sales Ratio is fairly stable compared to the past year.
In accordance with the recently published financial statements, Shapeways Holdings, Common has a Current Ratio of 5.69 times. This is 176.21% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The current ratio for all United States stocks is 163.43% lower than that of the firm.

Shapeways Current Ratio Peer Comparison

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

Shapeways Fundamentals

About Shapeways Holdings, Fundamental Analysis

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

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