Tekna Holding As Stock Current Ratio

TEKNA Stock  NOK 5.64  0.04  0.71%   
Tekna Holding AS fundamentals help investors to digest information that contributes to Tekna Holding's financial success or failures. It also enables traders to predict the movement of Tekna Stock. The fundamental analysis module provides a way to measure Tekna Holding'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 Tekna Holding 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.

Tekna Holding AS Company Current Ratio Analysis

Tekna Holding'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
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, Tekna Holding AS has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Specialty Chemicals industry. The current ratio for all Norway stocks is 100.0% higher than that of the company.

Tekna Current Ratio Peer Comparison

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

Tekna Fundamentals

About Tekna Holding Fundamental Analysis

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

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Other Information on Investing in Tekna Stock

Tekna Holding financial ratios help investors to determine whether Tekna 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 Tekna with respect to the benefits of owning Tekna Holding security.