Carpenter Technology Stock Current Ratio
| XTY Stock | EUR 185.00 3.00 1.65% |
Carpenter Technology fundamentals help investors to digest information that contributes to Carpenter Technology's financial success or failures. It also enables traders to predict the movement of Carpenter Stock. The fundamental analysis module provides a way to measure Carpenter Technology'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 Carpenter Technology stock.
Carpenter |
Carpenter Technology Company Current Ratio Analysis
Carpenter Technology'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 Carpenter Technology Current Ratio | 2.53 X |
Most of Carpenter Technology'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, Carpenter Technology 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, Carpenter Technology has a Current Ratio of 2.53 times. This is 22.82% higher than that of the Industrials sector and 12.46% lower than that of the Metal Fabrication industry. The current ratio for all Germany stocks is 17.13% lower than that of the firm.
Carpenter Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Carpenter Technology'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 Carpenter Technology could also be used in its relative valuation, which is a method of valuing Carpenter Technology by comparing valuation metrics of similar companies.Carpenter Technology is currently under evaluation in current ratio category among its peers.
Carpenter Fundamentals
| Return On Equity | -0.0042 | |||
| Return On Asset | 0.0111 | |||
| Profit Margin | (0) % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 2.44 B | |||
| Shares Outstanding | 48.51 M | |||
| Shares Owned By Insiders | 2.36 % | |||
| Shares Owned By Institutions | 93.60 % | |||
| Price To Earning | 12.67 X | |||
| Price To Book | 1.48 X | |||
| Price To Sales | 0.94 X | |||
| Revenue | 1.84 B | |||
| Gross Profit | 143.8 M | |||
| EBITDA | 113.2 M | |||
| Net Income | (49.1 M) | |||
| Cash And Equivalents | 18.9 M | |||
| Cash Per Share | 0.40 X | |||
| Total Debt | 691.8 M | |||
| Debt To Equity | 43.40 % | |||
| Current Ratio | 2.53 X | |||
| Book Value Per Share | 27.23 X | |||
| Cash Flow From Operations | 6 M | |||
| Earnings Per Share | (0.11) X | |||
| Price To Earnings To Growth | 1.55 X | |||
| Target Price | 45.33 | |||
| Number Of Employees | 4.1 K | |||
| Beta | 1.78 | |||
| Market Capitalization | 2.23 B | |||
| Total Asset | 2.93 B | |||
| Z Score | 1.8 | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 1.76 % | |||
| Net Asset | 2.93 B | |||
| Last Dividend Paid | 0.8 |
About Carpenter Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Carpenter Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Carpenter Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Carpenter Technology 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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Additional Information and Resources on Investing in Carpenter Stock
When determining whether Carpenter Technology is a strong investment it is important to analyze Carpenter Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Carpenter Technology's future performance. For an informed investment choice regarding Carpenter Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Carpenter Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Carpenter Stock please use our How to Invest in Carpenter Technology guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.