Tobii Ab Stock Current Ratio
TOBII Stock | SEK 3.92 0.13 3.21% |
Tobii AB fundamentals help investors to digest information that contributes to Tobii AB's financial success or failures. It also enables traders to predict the movement of Tobii Stock. The fundamental analysis module provides a way to measure Tobii AB'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 Tobii AB stock.
Tobii |
Tobii AB Company Current Ratio Analysis
Tobii AB'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 Tobii AB Current Ratio | 1.70 X |
Most of Tobii AB'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, Tobii AB 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, Tobii AB has a Current Ratio of 1.7 times. This is 39.93% lower than that of the Technology Hardware, Storage & Peripherals sector and 68.22% lower than that of the Information Technology industry. The current ratio for all Sweden stocks is 21.3% higher than that of the company.
Tobii Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tobii AB'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 Tobii AB could also be used in its relative valuation, which is a method of valuing Tobii AB by comparing valuation metrics of similar companies.Tobii AB is currently under evaluation in current ratio category among related companies.
Tobii Fundamentals
Return On Equity | -0.12 | |||
Return On Asset | -0.0623 | |||
Profit Margin | (0.13) % | |||
Operating Margin | (0.16) % | |||
Current Valuation | 1.68 B | |||
Shares Outstanding | 106 M | |||
Shares Owned By Insiders | 11.78 % | |||
Shares Owned By Institutions | 53.00 % | |||
Price To Earning | (32.31) X | |||
Price To Book | 2.45 X | |||
Price To Sales | 2.72 X | |||
Revenue | 616 M | |||
Gross Profit | 590 M | |||
EBITDA | 3.33 B | |||
Net Income | 3.15 B | |||
Cash And Equivalents | 438 M | |||
Cash Per Share | 3.17 X | |||
Total Debt | 66 M | |||
Debt To Equity | 53.50 % | |||
Current Ratio | 1.70 X | |||
Book Value Per Share | 7.09 X | |||
Cash Flow From Operations | (23 M) | |||
Earnings Per Share | 30.51 X | |||
Target Price | 30.0 | |||
Number Of Employees | 534 | |||
Beta | 1.51 | |||
Market Capitalization | 2.36 B | |||
Total Asset | 1.22 B | |||
Retained Earnings | (326 M) | |||
Working Capital | 374 M | |||
Current Asset | 586 M | |||
Current Liabilities | 212 M | |||
Z Score | 27.6 | |||
Net Asset | 1.22 B |
About Tobii AB Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tobii AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tobii AB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tobii AB 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tobii AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Tobii Stock analysis
When running Tobii AB's price analysis, check to measure Tobii AB'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 Tobii AB is operating at the current time. Most of Tobii AB's value examination focuses on studying past and present price action to predict the probability of Tobii AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tobii AB's price. Additionally, you may evaluate how the addition of Tobii AB to your portfolios can decrease your overall portfolio volatility.
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