Fiskars Oyj Abp Stock Current Ratio

FSKRS Stock  EUR 17.38  0.14  0.80%   
Fiskars Oyj Abp fundamentals help investors to digest information that contributes to Fiskars Oyj's financial success or failures. It also enables traders to predict the movement of Fiskars Stock. The fundamental analysis module provides a way to measure Fiskars Oyj'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 Fiskars Oyj 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.

Fiskars Oyj Abp Company Current Ratio Analysis

Fiskars Oyj'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 Fiskars Oyj Current Ratio

    
  2.92 X  
Most of Fiskars Oyj'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, Fiskars Oyj Abp 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, Fiskars Oyj Abp has a Current Ratio of 2.92 times. This is 28.63% higher than that of the Household Durables sector and 90.85% higher than that of the Consumer Discretionary industry. The current ratio for all Finland stocks is 35.19% lower than that of the firm.

Fiskars Current Ratio Peer Comparison

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

Fiskars Fundamentals

About Fiskars Oyj Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fiskars Oyj Abp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fiskars Oyj using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fiskars Oyj Abp 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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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fiskars Oyj Abp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Fiskars Stock analysis

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