Totalenergies Se Stock Current Ratio

TTE Stock   57.09  0.09  0.16%   
TotalEnergies SE fundamentals help investors to digest information that contributes to TotalEnergies' financial success or failures. It also enables traders to predict the movement of TotalEnergies Stock. The fundamental analysis module provides a way to measure TotalEnergies' 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 TotalEnergies 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.

TotalEnergies SE Company Current Ratio Analysis

TotalEnergies' 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, TotalEnergies SE has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Energy sector and 100.0% lower than that of the Oil & Gas Integrated industry. The current ratio for all France stocks is 100.0% higher than that of the company.

TotalEnergies Current Ratio Peer Comparison

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

TotalEnergies Fundamentals

About TotalEnergies Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in TotalEnergies Stock

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