Wiik Public Stock Current Ratio

WIIK Stock  THB 1.35  0.06  4.26%   
WIIK Public fundamentals help investors to digest information that contributes to WIIK Public's financial success or failures. It also enables traders to predict the movement of WIIK Stock. The fundamental analysis module provides a way to measure WIIK Public'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 WIIK Public 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.

WIIK Public Company Current Ratio Analysis

WIIK Public'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 WIIK Public Current Ratio

    
  1.34 X  
Most of WIIK Public'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, WIIK Public 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, WIIK Public has a Current Ratio of 1.34 times. This is 34.95% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The current ratio for all Thailand stocks is 37.96% higher than that of the company.

WIIK Current Ratio Peer Comparison

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

WIIK Fundamentals

About WIIK Public Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze WIIK Public's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WIIK Public using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WIIK Public 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WIIK Public. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for WIIK Stock analysis

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