Nok Airlines Public Stock Current Ratio
| NOKFF Stock | USD 0.1 0.00 0.00% |
Nok Airlines Public fundamentals help investors to digest information that contributes to Nok Airlines' financial success or failures. It also enables traders to predict the movement of Nok OTC Stock. The fundamental analysis module provides a way to measure Nok Airlines' 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 Nok Airlines otc stock.
Nok |
Nok Airlines Public OTC Stock Current Ratio Analysis
Nok Airlines' 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 Nok Airlines Current Ratio | 0.70 X |
Most of Nok Airlines' 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, Nok Airlines 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, Nok Airlines Public has a Current Ratio of 0.7 times. This is 66.02% lower than that of the Industrials sector and 6.06% higher than that of the Airlines industry. The current ratio for all United States stocks is 67.59% higher than that of the company.
Nok Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nok Airlines' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Nok Airlines could also be used in its relative valuation, which is a method of valuing Nok Airlines by comparing valuation metrics of similar companies.Nok Airlines is currently under evaluation in current ratio category among its peers.
Nok Fundamentals
| Return On Asset | -0.17 | |||
| Profit Margin | (0.65) % | |||
| Operating Margin | (1.90) % | |||
| Current Valuation | 486.63 M | |||
| Shares Outstanding | 3.73 B | |||
| Price To Sales | 0.16 X | |||
| Revenue | 2.2 B | |||
| Gross Profit | (2.31 B) | |||
| EBITDA | 1.04 B | |||
| Net Income | (1.44 B) | |||
| Total Debt | 2.77 B | |||
| Current Ratio | 0.70 X | |||
| Book Value Per Share | (2.25) X | |||
| Cash Flow From Operations | (47.97 M) | |||
| Earnings Per Share | (0.05) X | |||
| Beta | 1.11 | |||
| Market Capitalization | 354.27 M | |||
| Total Asset | 12.25 B | |||
| Net Asset | 12.25 B |
About Nok Airlines Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nok Airlines Public's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nok Airlines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nok Airlines Public based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Other Information on Investing in Nok OTC Stock
Nok Airlines financial ratios help investors to determine whether Nok OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nok with respect to the benefits of owning Nok Airlines security.