A2z Smart Technologies Stock Current Ratio

AZ Stock  USD 6.44  0.21  3.16%   
A2Z Smart Technologies fundamentals help investors to digest information that contributes to A2Z Smart's financial success or failures. It also enables traders to predict the movement of A2Z Stock. The fundamental analysis module provides a way to measure A2Z Smart'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 A2Z Smart stock.
Last ReportedProjected for Next Year
Current Ratio 0.84  0.80 
Current Ratio is likely to drop to 0.80 in 2024.
  
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A2Z Smart Technologies Company Current Ratio Analysis

A2Z Smart'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 A2Z Smart Current Ratio

    
  1.79 X  
Most of A2Z Smart'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, A2Z Smart Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

A2Z Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for A2Z Smart is extremely important. It helps to project a fair market value of A2Z Stock properly, considering its historical fundamentals such as Current Ratio. Since A2Z Smart's 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 A2Z Smart's 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 A2Z Smart's interrelated accounts and indicators.
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A2Z Current Ratio Historical Pattern

Today, most investors in A2Z Smart Stock are looking for potential investment opportunities by analyzing not only static indicators but also various A2Z Smart's 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 A2Z Smart current ratio as a starting point in their analysis.
   A2Z Smart 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

A2Z Price To Sales Ratio

Price To Sales Ratio

3.98

At this time, A2Z Smart's Price To Sales Ratio is fairly stable compared to the past year.
In accordance with the recently published financial statements, A2Z Smart Technologies has a Current Ratio of 1.79 times. This is 13.11% lower than that of the Machinery sector and 36.3% lower than that of the Industrials industry. The current ratio for all United States stocks is 17.13% higher than that of the company.

A2Z Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses A2Z Smart'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 A2Z Smart could also be used in its relative valuation, which is a method of valuing A2Z Smart by comparing valuation metrics of similar companies.
A2Z Smart is currently under evaluation in current ratio category among its peers.

A2Z Smart Current Valuation Drivers

We derive many important indicators used in calculating different scores of A2Z Smart from analyzing A2Z Smart's financial statements. These drivers represent accounts that assess A2Z Smart's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of A2Z Smart's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap25.1M94.3M632.1M88.0M47.7M45.3M
Enterprise Value25.2M90.0M624.5M88.0M47.4M45.0M

A2Z Smart ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, A2Z Smart's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to A2Z Smart's managers, analysts, and investors.
Environmental
Governance
Social

A2Z Fundamentals

About A2Z Smart Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze A2Z Smart Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of A2Z Smart using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of A2Z Smart Technologies 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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Additional Tools for A2Z Stock Analysis

When running A2Z Smart's price analysis, check to measure A2Z Smart'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 A2Z Smart is operating at the current time. Most of A2Z Smart's value examination focuses on studying past and present price action to predict the probability of A2Z Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move A2Z Smart's price. Additionally, you may evaluate how the addition of A2Z Smart to your portfolios can decrease your overall portfolio volatility.