Koninklijke Philips Nv Stock Current Ratio

PHG Stock  USD 20.00  0.33  1.62%   
Koninklijke Philips NV fundamentals help investors to digest information that contributes to Koninklijke Philips' financial success or failures. It also enables traders to predict the movement of Koninklijke Stock. The fundamental analysis module provides a way to measure Koninklijke Philips' 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 Koninklijke Philips stock.
The Koninklijke Philips' current Current Ratio is estimated to increase to 1.54.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Koninklijke Current Ratio Analysis

Koninklijke Philips' 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.

Koninklijke Philips Current Ratio

1.54

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Koninklijke Philips Current Ratio

    
  1.19 X  
Most of Koninklijke Philips' 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, Koninklijke Philips NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Koninklijke Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Koninklijke Philips is extremely important. It helps to project a fair market value of Koninklijke Stock properly, considering its historical fundamentals such as Current Ratio. Since Koninklijke Philips' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Koninklijke Philips' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Koninklijke Philips' interrelated accounts and indicators.
0.420.75-0.210.44-0.09-0.23-0.030.80.2-0.590.670.6-0.64-0.29-0.670.41-0.010.650.68-0.530.26-0.390.39-0.37-0.640.40.32-0.120.48-0.14-0.37
0.420.19-0.540.20.19-0.4-0.150.440.37-0.470.510.51-0.55-0.88-0.460.560.350.180.3-0.50.320.13-0.08-0.21-0.04-0.14-0.210.13-0.210.210.25
0.750.19-0.320.53-0.6-0.270.160.21-0.34-0.820.810.55-0.83-0.33-0.77-0.02-0.260.620.86-0.770.39-0.560.31-0.51-0.470.380.51-0.280.58-0.34-0.38
-0.21-0.54-0.32-0.780.120.720.2-0.02-0.260.68-0.74-0.860.690.510.71-0.5-0.20.02-0.150.490.21-0.390.4-0.16-0.420.430.41-0.330.45-0.31-0.31
0.440.20.53-0.78-0.32-0.7-0.140.190.09-0.720.70.82-0.63-0.14-0.770.46-0.090.20.17-0.33-0.390.21-0.10.190.08-0.15-0.180.1-0.030.06-0.24
-0.090.19-0.60.12-0.320.34-0.350.350.770.56-0.39-0.060.470.080.420.440.52-0.48-0.50.48-0.170.45-0.390.330.17-0.4-0.620.3-0.550.460.31
-0.23-0.4-0.270.72-0.70.340.14-0.14-0.020.68-0.59-0.660.630.320.74-0.36-0.1-0.28-0.190.40.27-0.07-0.01-0.13-0.14-0.08-0.030.020.180.0-0.11
-0.03-0.150.160.2-0.14-0.350.14-0.2-0.52-0.020.03-0.12-0.08-0.040.2-0.30.05-0.080.23-0.280.35-0.40.04-0.28-0.410.070.35-0.420.21-0.81-0.24
0.80.440.21-0.020.190.35-0.14-0.20.57-0.150.260.39-0.21-0.11-0.320.630.180.440.24-0.080.0-0.060.37-0.09-0.550.280.040.060.220.09-0.22
0.20.37-0.34-0.260.090.77-0.02-0.520.570.25-0.050.330.16-0.030.030.650.4-0.21-0.350.25-0.350.55-0.290.420.24-0.41-0.640.61-0.510.70.36
-0.59-0.47-0.820.68-0.720.560.68-0.02-0.150.25-0.92-0.750.960.550.93-0.20.02-0.53-0.690.81-0.230.26-0.110.390.15-0.2-0.270.19-0.230.190.17
0.670.510.81-0.740.7-0.39-0.590.030.26-0.05-0.920.88-0.96-0.54-0.920.360.050.430.72-0.830.16-0.180.09-0.32-0.20.050.11-0.120.12-0.120.01
0.60.510.55-0.860.82-0.06-0.66-0.120.390.33-0.750.88-0.8-0.42-0.830.630.310.180.36-0.6-0.120.13-0.170.00.02-0.23-0.240.13-0.220.130.06
-0.64-0.55-0.830.69-0.630.470.63-0.08-0.210.160.96-0.96-0.80.640.92-0.26-0.08-0.5-0.760.9-0.330.3-0.090.430.19-0.15-0.250.13-0.160.160.05
-0.29-0.88-0.330.51-0.140.080.32-0.04-0.11-0.030.55-0.54-0.420.640.46-0.3-0.3-0.12-0.40.68-0.580.060.130.4-0.010.190.08-0.060.16-0.08-0.14
-0.67-0.46-0.770.71-0.770.420.740.2-0.320.030.93-0.92-0.830.920.46-0.360.0-0.56-0.620.7-0.070.18-0.150.220.12-0.2-0.180.05-0.160.00.12
0.410.56-0.02-0.50.460.44-0.36-0.30.630.65-0.20.360.63-0.26-0.3-0.360.31-0.1-0.12-0.08-0.260.54-0.010.13-0.07-0.39-0.60.32-0.390.390.07
-0.010.35-0.26-0.2-0.090.52-0.10.050.180.40.020.050.31-0.08-0.30.00.31-0.37-0.22-0.170.150.08-0.53-0.020.22-0.43-0.370.02-0.590.080.16
0.650.180.620.020.2-0.48-0.28-0.080.44-0.21-0.530.430.18-0.5-0.12-0.56-0.1-0.370.68-0.330.2-0.50.71-0.27-0.510.830.72-0.190.77-0.21-0.27
0.680.30.86-0.150.17-0.5-0.190.230.24-0.35-0.690.720.36-0.76-0.4-0.62-0.12-0.220.68-0.80.57-0.690.45-0.65-0.580.560.66-0.380.58-0.41-0.07
-0.53-0.5-0.770.49-0.330.480.4-0.28-0.080.250.81-0.83-0.60.90.680.7-0.08-0.17-0.33-0.8-0.60.47-0.060.660.26-0.1-0.320.21-0.150.270.01
0.260.320.390.21-0.39-0.170.270.350.0-0.35-0.230.16-0.12-0.33-0.58-0.07-0.260.150.20.57-0.6-0.610.08-0.82-0.350.250.46-0.190.26-0.29-0.16
-0.390.13-0.56-0.390.210.45-0.07-0.4-0.060.550.26-0.180.130.30.060.180.540.08-0.5-0.690.47-0.61-0.390.560.62-0.68-0.870.64-0.660.660.36
0.39-0.080.310.4-0.1-0.39-0.010.040.37-0.29-0.110.09-0.17-0.090.13-0.15-0.01-0.530.710.45-0.060.08-0.39-0.28-0.730.710.59-0.330.77-0.29-0.24
-0.37-0.21-0.51-0.160.190.33-0.13-0.28-0.090.420.39-0.320.00.430.40.220.13-0.02-0.27-0.650.66-0.820.56-0.280.46-0.33-0.490.34-0.370.360.25
-0.64-0.04-0.47-0.420.080.17-0.14-0.41-0.550.240.15-0.20.020.19-0.010.12-0.070.22-0.51-0.580.26-0.350.62-0.730.46-0.59-0.580.57-0.720.630.46
0.4-0.140.380.43-0.15-0.4-0.080.070.28-0.41-0.20.05-0.23-0.150.19-0.2-0.39-0.430.830.56-0.10.25-0.680.71-0.33-0.590.91-0.430.79-0.44-0.28
0.32-0.210.510.41-0.18-0.62-0.030.350.04-0.64-0.270.11-0.24-0.250.08-0.18-0.6-0.370.720.66-0.320.46-0.870.59-0.49-0.580.91-0.520.79-0.63-0.34
-0.120.13-0.28-0.330.10.30.02-0.420.060.610.19-0.120.130.13-0.060.050.320.02-0.19-0.380.21-0.190.64-0.330.340.57-0.43-0.52-0.470.830.29
0.48-0.210.580.45-0.03-0.550.180.210.22-0.51-0.230.12-0.22-0.160.16-0.16-0.39-0.590.770.58-0.150.26-0.660.77-0.37-0.720.790.79-0.47-0.51-0.56
-0.140.21-0.34-0.310.060.460.0-0.810.090.70.19-0.120.130.16-0.080.00.390.08-0.21-0.410.27-0.290.66-0.290.360.63-0.44-0.630.83-0.510.41
-0.370.25-0.38-0.31-0.240.31-0.11-0.24-0.220.360.170.010.060.05-0.140.120.070.16-0.27-0.070.01-0.160.36-0.240.250.46-0.28-0.340.29-0.560.41
Click cells to compare fundamentals

Koninklijke Current Ratio Historical Pattern

Today, most investors in Koninklijke Philips Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Koninklijke Philips' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Koninklijke Philips current ratio as a starting point in their analysis.
   Koninklijke Philips Current Ratio   
       Timeline  
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

Koninklijke Discontinued Operations

Discontinued Operations

14.2 Million

At this time, Koninklijke Philips' Discontinued Operations is most likely to increase significantly in the upcoming years.
In accordance with the recently published financial statements, Koninklijke Philips NV has a Current Ratio of 1.19 times. This is 59.11% lower than that of the Health Care Equipment & Supplies sector and 65.0% lower than that of the Health Care industry. The current ratio for all United States stocks is 44.91% higher than that of the company.

Koninklijke Current Ratio Peer Comparison

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

Koninklijke Fundamentals

About Koninklijke Philips Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Koninklijke Philips NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Koninklijke Philips using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Koninklijke Philips NV 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.
Last ReportedProjected for 2024
Current Ratio 1.20  1.54 

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Koninklijke Philips using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Koninklijke Philips is a strong investment it is important to analyze Koninklijke Philips' 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 Koninklijke Philips' future performance. For an informed investment choice regarding Koninklijke Stock, refer to the following important reports:
Check out Koninklijke Philips Piotroski F Score and Koninklijke Philips Altman Z Score analysis.
Note that the Koninklijke Philips information on this page should be used as a complementary analysis to other Koninklijke Philips' 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Koninklijke Stock analysis

When running Koninklijke Philips' price analysis, check to measure Koninklijke Philips' 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 Koninklijke Philips is operating at the current time. Most of Koninklijke Philips' value examination focuses on studying past and present price action to predict the probability of Koninklijke Philips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koninklijke Philips' price. Additionally, you may evaluate how the addition of Koninklijke Philips to your portfolios can decrease your overall portfolio volatility.
Transaction History
View history of all your transactions and understand their impact on performance
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Is Koninklijke Philips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Koninklijke Philips. If investors know Koninklijke will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Koninklijke Philips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.72)
Earnings Share
(0.52)
Revenue Per Share
19.804
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0087
The market value of Koninklijke Philips is measured differently than its book value, which is the value of Koninklijke that is recorded on the company's balance sheet. Investors also form their own opinion of Koninklijke Philips' value that differs from its market value or its book value, called intrinsic value, which is Koninklijke Philips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Koninklijke Philips' market value can be influenced by many factors that don't directly affect Koninklijke Philips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Koninklijke Philips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Koninklijke Philips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Koninklijke Philips' 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.