Ludwig Beck Am Stock Current Ratio
ECK Stock | EUR 22.60 1.00 4.24% |
LUDWIG BECK Am fundamentals help investors to digest information that contributes to LUDWIG BECK's financial success or failures. It also enables traders to predict the movement of LUDWIG Stock. The fundamental analysis module provides a way to measure LUDWIG BECK'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 LUDWIG BECK stock.
LUDWIG |
LUDWIG Current Ratio Analysis
LUDWIG BECK'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 LUDWIG BECK Current Ratio | 0.62 X |
Most of LUDWIG BECK'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, LUDWIG BECK Am 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, LUDWIG BECK Am has a Current Ratio of 0.62 times. This is 72.69% lower than that of the Consumer Cyclical sector and 57.82% lower than that of the Department Stores industry. The current ratio for all Germany stocks is 71.3% higher than that of the company.
LUDWIG Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LUDWIG BECK'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 LUDWIG BECK could also be used in its relative valuation, which is a method of valuing LUDWIG BECK by comparing valuation metrics of similar companies.LUDWIG BECK is currently under evaluation in current ratio category among related companies.
LUDWIG Fundamentals
Return On Equity | 0.0834 | |||
Return On Asset | -0.0015 | |||
Profit Margin | 0.07 % | |||
Operating Margin | (0.01) % | |||
Current Valuation | 193.45 M | |||
Shares Outstanding | 3.7 M | |||
Shares Owned By Insiders | 84.30 % | |||
Price To Earning | 300.00 X | |||
Price To Book | 1.65 X | |||
Price To Sales | 1.52 X | |||
Revenue | 55.4 M | |||
Gross Profit | 25.95 M | |||
EBITDA | 13.08 M | |||
Net Income | 3.63 M | |||
Cash And Equivalents | 300 K | |||
Cash Per Share | 0.08 X | |||
Total Debt | 23.62 M | |||
Debt To Equity | 1.84 % | |||
Current Ratio | 0.62 X | |||
Book Value Per Share | 16.95 X | |||
Cash Flow From Operations | 10.24 M | |||
Earnings Per Share | 1.36 X | |||
Target Price | 31.45 | |||
Number Of Employees | 420 | |||
Beta | 0.21 | |||
Market Capitalization | 106.65 M | |||
Total Asset | 168.25 M | |||
Z Score | 2.4 | |||
Five Year Return | 2.24 % | |||
Net Asset | 168.25 M |
About LUDWIG BECK Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LUDWIG BECK Am's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LUDWIG BECK using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LUDWIG BECK Am 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.LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG engages in textile retail business in Germany. The company was founded in 1861 and is based in Munich, Germany. LUDW BECK operates under Department Stores classification in Germany and is traded on Frankfurt Stock Exchange. It employs 403 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards LUDWIG BECK in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, LUDWIG BECK's short interest history, or implied volatility extrapolated from LUDWIG BECK options trading.
Pair Trading with LUDWIG BECK
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LUDWIG BECK position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LUDWIG BECK will appreciate offsetting losses from the drop in the long position's value.Moving together with LUDWIG Stock
0.93 | S1VA | PEPKOR LTD | PairCorr |
Moving against LUDWIG Stock
0.79 | MA6 | Marks And Spencer | PairCorr |
0.74 | UPH | US PHYSICAL THERAPY Financial Report 9th of May 2024 | PairCorr |
0.42 | DBPD | Xtrackers - ShortDAX | PairCorr |
The ability to find closely correlated positions to LUDWIG BECK could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LUDWIG BECK when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LUDWIG BECK - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LUDWIG BECK Am to buy it.
The correlation of LUDWIG BECK is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LUDWIG BECK moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LUDWIG BECK Am moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LUDWIG BECK can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out LUDWIG BECK Piotroski F Score and LUDWIG BECK Altman Z Score analysis. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for LUDWIG Stock analysis
When running LUDWIG BECK's price analysis, check to measure LUDWIG BECK'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 LUDWIG BECK is operating at the current time. Most of LUDWIG BECK's value examination focuses on studying past and present price action to predict the probability of LUDWIG BECK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LUDWIG BECK's price. Additionally, you may evaluate how the addition of LUDWIG BECK to your portfolios can decrease your overall portfolio volatility.
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