Ultra Jaya Milk Stock Current Ratio

ULTJ Stock  IDR 1,725  5.00  0.29%   
Ultra Jaya Milk fundamentals help investors to digest information that contributes to Ultra Jaya's financial success or failures. It also enables traders to predict the movement of Ultra Stock. The fundamental analysis module provides a way to measure Ultra Jaya'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 Ultra Jaya 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.

Ultra Jaya Milk Company Current Ratio Analysis

Ultra Jaya'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, Ultra Jaya Milk has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Food Products sector and about the same as Consumer Staples (which currently averages 0.0) industry. The current ratio for all Indonesia stocks is 100.0% higher than that of the company.

Ultra Current Ratio Peer Comparison

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

Ultra Fundamentals

About Ultra Jaya Fundamental Analysis

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

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