Dongil Steel Co Stock Current Ratio

023790 Stock  KRW 996.00  20.00  1.97%   
Dongil Steel Co fundamentals help investors to digest information that contributes to Dongil Steel's financial success or failures. It also enables traders to predict the movement of Dongil Stock. The fundamental analysis module provides a way to measure Dongil Steel'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 Dongil Steel 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.

Dongil Steel Co Company Current Ratio Analysis

Dongil Steel'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

Current Dongil Steel Current Ratio

    
  1.22 X  
Most of Dongil Steel'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, Dongil Steel Co 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, Dongil Steel Co has a Current Ratio of 1.22 times. This is much higher than that of the Materials sector and significantly higher than that of the Metals & Mining industry. The current ratio for all Republic of Korea stocks is notably lower than that of the firm.

Dongil Current Ratio Peer Comparison

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

Dongil Fundamentals

About Dongil Steel Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Dongil Steel Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dongil Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dongil Steel Co 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dongil Steel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dongil Steel's short interest history, or implied volatility extrapolated from Dongil Steel options trading.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dongil Steel Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Dongil Steel information on this page should be used as a complementary analysis to other Dongil Steel's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Dongil Steel's price analysis, check to measure Dongil Steel'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 Dongil Steel is operating at the current time. Most of Dongil Steel's value examination focuses on studying past and present price action to predict the probability of Dongil Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dongil Steel's price. Additionally, you may evaluate how the addition of Dongil Steel to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Dongil Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dongil Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dongil Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.