Thule Group Ab Stock Current Liabilities

THULE Stock  SEK 344.40  10.00  2.82%   
Thule Group AB fundamentals help investors to digest information that contributes to Thule Group's financial success or failures. It also enables traders to predict the movement of Thule Stock. The fundamental analysis module provides a way to measure Thule Group'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 Thule Group stock.
  
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Thule Group AB Company Current Liabilities Analysis

Thule Group's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

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Current Thule Group Current Liabilities

    
  1.14 B  
Most of Thule Group's fundamental indicators, such as Current Liabilities, 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, Thule Group AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

In accordance with the recently published financial statements, Thule Group AB has a Current Liabilities of 1.14 B. This is 97.53% lower than that of the Leisure Products sector and 43.38% lower than that of the Consumer Discretionary industry. The current liabilities for all Sweden stocks is 85.62% higher than that of the company.

Thule Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thule Group's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Thule Group could also be used in its relative valuation, which is a method of valuing Thule Group by comparing valuation metrics of similar companies.
Thule Group is currently under evaluation in current liabilities category among its peers.

Thule Fundamentals

About Thule Group Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Thule Stock Analysis

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