Workday Stock Current Ratio
| WDAY Stock | USD 248.68 2.07 0.84% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Workday's long-term financial health and intrinsic value.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Workday Company Current Ratio Analysis
Workday'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 Workday Current Ratio | 1.61 X |
Most of Workday'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, Workday 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, Workday has a Current Ratio of 1.61 times. This is 43.11% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The current ratio for all United States stocks is 25.46% higher than that of the company.
Workday Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Workday'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 Workday could also be used in its relative valuation, which is a method of valuing Workday by comparing valuation metrics of similar companies.Workday is currently under evaluation in current ratio category among its peers.
Workday Fundamentals
| Return On Equity | 0.0615 | ||||
| Return On Asset | 0.0181 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 60.94 B | ||||
| Shares Outstanding | 216.64 M | ||||
| Shares Owned By Insiders | 0.88 % | ||||
| Shares Owned By Institutions | 94.61 % | ||||
| Number Of Shares Shorted | 6.9 M | ||||
| Price To Book | 7.21 X | ||||
| Price To Sales | 7.76 X | ||||
| Revenue | 8.45 B | ||||
| Gross Profit | 6.38 B | ||||
| EBITDA | 1.08 B | ||||
| Net Income | 526 M | ||||
| Cash And Equivalents | 6.29 B | ||||
| Cash Per Share | 24.58 X | ||||
| Total Debt | 3.36 B | ||||
| Debt To Equity | 0.86 % | ||||
| Current Ratio | 1.61 X | ||||
| Book Value Per Share | 33.92 X | ||||
| Cash Flow From Operations | 2.46 B | ||||
| Short Ratio | 2.63 X | ||||
| Earnings Per Share | 1.96 X | ||||
| Price To Earnings To Growth | 1.05 X | ||||
| Target Price | 298.61 | ||||
| Number Of Employees | 20.48 K | ||||
| Beta | 1.32 | ||||
| Market Capitalization | 65.96 B | ||||
| Total Asset | 17.98 B | ||||
| Retained Earnings | (1.21 B) | ||||
| Working Capital | 5 B | ||||
| Current Asset | 2.36 B | ||||
| Current Liabilities | 922.68 M | ||||
| Net Asset | 17.98 B |
About Workday Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Workday's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Workday using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Workday 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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When running Workday's price analysis, check to measure Workday'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 Workday is operating at the current time. Most of Workday's value examination focuses on studying past and present price action to predict the probability of Workday's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workday's price. Additionally, you may evaluate how the addition of Workday to your portfolios can decrease your overall portfolio volatility.