Geox Spa Stock Current Ratio

GHH Stock  EUR 0.67  0.01  1.47%   
Geox SpA fundamentals help investors to digest information that contributes to Geox SpA's financial success or failures. It also enables traders to predict the movement of Geox Stock. The fundamental analysis module provides a way to measure Geox SpA'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 Geox SpA 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.

Geox Current Ratio Analysis

Geox SpA'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 Geox SpA Current Ratio

    
  1.58 X  
Most of Geox SpA'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, Geox SpA 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, Geox SpA has a Current Ratio of 1.58 times. This is 30.4% lower than that of the Consumer Cyclical sector and 33.61% lower than that of the Footwear & Accessories industry. The current ratio for all Germany stocks is 26.85% higher than that of the company.

Geox Current Ratio Peer Comparison

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

Geox Fundamentals

About Geox SpA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Geox SpA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Geox SpA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Geox SpA 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.
Geox S.p.A. creates, produces, promotes, and distributes footwear and apparel for retailers and end consumers in Italy, Europe, North America, and internationally. The company was founded in 1995 and is headquartered in Montebelluna, Italy. GEOX S operates under Footwear Accessories classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5246 people.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Geox SpA Piotroski F Score and Geox SpA Altman Z Score analysis.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Geox Stock analysis

When running Geox SpA's price analysis, check to measure Geox SpA'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 Geox SpA is operating at the current time. Most of Geox SpA's value examination focuses on studying past and present price action to predict the probability of Geox SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Geox SpA's price. Additionally, you may evaluate how the addition of Geox SpA to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Bonds Directory
Find actively traded corporate debentures issued by US companies
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Equity Valuation
Check real value of public entities based on technical and fundamental data
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Please note, there is a significant difference between Geox SpA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Geox SpA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Geox SpA'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.