Sumitomo Metal Mining Stock Current Ratio
STMNF Stock | USD 27.44 0.00 0.00% |
Sumitomo Metal Mining fundamentals help investors to digest information that contributes to Sumitomo Metal's financial success or failures. It also enables traders to predict the movement of Sumitomo Pink Sheet. The fundamental analysis module provides a way to measure Sumitomo Metal'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 Sumitomo Metal pink sheet.
Sumitomo |
Sumitomo Metal Mining Company Current Ratio Analysis
Sumitomo Metal'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 Sumitomo Metal Current Ratio | 2.31 X |
Most of Sumitomo Metal'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, Sumitomo Metal Mining 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, Sumitomo Metal Mining has a Current Ratio of 2.31 times. This is 39.69% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The current ratio for all United States stocks is 6.94% lower than that of the firm.
Sumitomo Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sumitomo Metal's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Sumitomo Metal could also be used in its relative valuation, which is a method of valuing Sumitomo Metal by comparing valuation metrics of similar companies.Sumitomo Metal is currently under evaluation in current ratio category among its peers.
Sumitomo Fundamentals
Return On Equity | 0.19 | |||
Return On Asset | 0.0645 | |||
Profit Margin | 0.19 % | |||
Operating Margin | 0.16 % | |||
Current Valuation | 10.83 B | |||
Shares Outstanding | 274.77 M | |||
Shares Owned By Insiders | 8.64 % | |||
Shares Owned By Institutions | 48.10 % | |||
Price To Earning | 18.06 X | |||
Price To Book | 0.80 X | |||
Price To Sales | 0.01 X | |||
Revenue | 1.26 T | |||
Gross Profit | 257.79 B | |||
EBITDA | 406.86 B | |||
Net Income | 281.04 B | |||
Cash And Equivalents | 222.23 B | |||
Cash Per Share | 808.79 X | |||
Total Debt | 210.25 B | |||
Debt To Equity | 0.22 % | |||
Current Ratio | 2.31 X | |||
Book Value Per Share | 5,260 X | |||
Cash Flow From Operations | 159.49 B | |||
Earnings Per Share | 7.98 X | |||
Number Of Employees | 7.2 K | |||
Beta | 1.31 | |||
Market Capitalization | 10.89 B | |||
Total Asset | 2.27 T | |||
Annual Yield | 0.04 % | |||
Net Asset | 2.27 T | |||
Last Dividend Paid | 278.0 |
About Sumitomo Metal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sumitomo Metal Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sumitomo Metal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sumitomo Metal Mining 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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Other Information on Investing in Sumitomo Pink Sheet
Sumitomo Metal financial ratios help investors to determine whether Sumitomo Pink Sheet 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 Sumitomo with respect to the benefits of owning Sumitomo Metal security.