Manitowoc Stock Current Ratio

MTW Stock  USD 13.02  0.24  1.88%   
Manitowoc fundamentals help investors to digest information that contributes to Manitowoc's financial success or failures. It also enables traders to predict the movement of Manitowoc Stock. The fundamental analysis module provides a way to measure Manitowoc'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 Manitowoc stock.
Last ReportedProjected for Next Year
Current Ratio 1.83  2.04 
Current Ratio is likely to climb to 2.04 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Manitowoc Company Current Ratio Analysis

Manitowoc'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 Manitowoc Current Ratio

    
  1.74 X  
Most of Manitowoc'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, Manitowoc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Manitowoc Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Manitowoc is extremely important. It helps to project a fair market value of Manitowoc Stock properly, considering its historical fundamentals such as Current Ratio. Since Manitowoc'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 Manitowoc'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 Manitowoc's interrelated accounts and indicators.
0.550.980.510.650.990.870.960.970.750.640.970.10.93-0.210.87-0.590.57-0.380.360.150.67-0.33-0.06-0.40.42
0.550.380.760.50.440.650.430.50.080.430.340.710.58-0.730.320.14-0.210.29-0.060.18-0.040.1-0.02-0.080.04
0.980.380.430.60.990.80.960.950.840.61.0-0.070.91-0.070.9-0.690.69-0.460.40.110.76-0.43-0.02-0.410.44
0.510.760.430.020.440.310.570.40.40.520.420.220.43-0.340.59-0.320.25-0.160.390.30.39-0.07-0.08-0.450.41
0.650.50.60.020.630.910.460.70.280.250.540.490.75-0.530.270.05-0.060.24-0.22-0.020.01-0.240.070.18-0.16
0.990.440.990.440.630.840.960.970.80.630.990.00.91-0.130.89-0.650.64-0.450.390.140.72-0.36-0.06-0.420.44
0.870.650.80.310.910.840.730.890.470.450.760.420.89-0.470.57-0.210.180.010.030.120.29-0.21-0.06-0.070.07
0.960.430.960.570.460.960.730.890.840.750.96-0.070.81-0.090.97-0.760.72-0.580.520.290.81-0.37-0.2-0.630.64
0.970.50.950.40.70.970.890.890.680.580.940.120.96-0.230.78-0.510.52-0.290.30.010.6-0.36-0.03-0.290.33
0.750.080.840.40.280.80.470.840.680.530.85-0.360.610.10.87-0.830.82-0.630.560.210.85-0.43-0.12-0.550.57
0.640.430.60.520.250.630.450.750.580.530.60.210.47-0.390.69-0.460.35-0.450.340.370.47-0.18-0.45-0.840.87
0.970.341.00.420.540.990.760.960.940.850.6-0.130.88-0.010.91-0.730.74-0.530.450.110.8-0.4-0.03-0.450.47
0.10.71-0.070.220.490.00.42-0.070.12-0.360.21-0.130.19-0.9-0.260.66-0.730.6-0.580.07-0.620.39-0.090.19-0.23
0.930.580.910.430.750.910.890.810.960.610.470.880.19-0.290.68-0.370.4-0.090.17-0.120.49-0.430.15-0.120.17
-0.21-0.73-0.07-0.34-0.53-0.13-0.47-0.09-0.230.1-0.39-0.01-0.9-0.290.09-0.490.56-0.550.46-0.060.44-0.220.25-0.050.04
0.870.320.90.590.270.890.570.970.780.870.690.91-0.260.680.09-0.880.83-0.720.670.380.91-0.37-0.19-0.70.69
-0.590.14-0.69-0.320.05-0.65-0.21-0.76-0.51-0.83-0.46-0.730.66-0.37-0.49-0.88-0.980.88-0.8-0.34-0.980.440.190.68-0.69
0.57-0.210.690.25-0.060.640.180.720.520.820.350.74-0.730.40.560.83-0.98-0.840.780.170.98-0.48-0.07-0.570.59
-0.380.29-0.46-0.160.24-0.450.01-0.58-0.29-0.63-0.45-0.530.6-0.09-0.55-0.720.88-0.84-0.73-0.47-0.80.20.240.78-0.73
0.36-0.060.40.39-0.220.390.030.520.30.560.340.45-0.580.170.460.67-0.80.78-0.730.280.8-0.38-0.16-0.590.6
0.150.180.110.3-0.020.140.120.290.010.210.370.110.07-0.12-0.060.38-0.340.17-0.470.280.230.11-0.54-0.570.44
0.67-0.040.760.390.010.720.290.810.60.850.470.8-0.620.490.440.91-0.980.98-0.80.80.23-0.5-0.13-0.630.66
-0.330.1-0.43-0.07-0.24-0.36-0.21-0.37-0.36-0.43-0.18-0.40.39-0.43-0.22-0.370.44-0.480.2-0.380.11-0.5-0.190.16-0.25
-0.06-0.02-0.02-0.080.07-0.06-0.06-0.2-0.03-0.12-0.45-0.03-0.090.150.25-0.190.19-0.070.24-0.16-0.54-0.13-0.190.45-0.48
-0.4-0.08-0.41-0.450.18-0.42-0.07-0.63-0.29-0.55-0.84-0.450.19-0.12-0.05-0.70.68-0.570.78-0.59-0.57-0.630.160.45-0.98
0.420.040.440.41-0.160.440.070.640.330.570.870.47-0.230.170.040.69-0.690.59-0.730.60.440.66-0.25-0.48-0.98
Click cells to compare fundamentals

Manitowoc Current Ratio Historical Pattern

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

Manitowoc Discontinued Operations

Discontinued Operations

(241,500)

At this time, Manitowoc's Discontinued Operations is fairly stable compared to the past year.
In accordance with the recently published financial statements, Manitowoc has a Current Ratio of 1.74 times. This is 15.53% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The current ratio for all United States stocks is 19.44% higher than that of the company.

Manitowoc Current Ratio Peer Comparison

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

Manitowoc Fundamentals

About Manitowoc Fundamental Analysis

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

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
When determining whether Manitowoc is a strong investment it is important to analyze Manitowoc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Manitowoc's future performance. For an informed investment choice regarding Manitowoc Stock, refer to the following important reports:
Check out Manitowoc Piotroski F Score and Manitowoc Altman Z Score analysis.
For more information on how to buy Manitowoc Stock please use our How to Invest in Manitowoc guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Manitowoc Stock analysis

When running Manitowoc's price analysis, check to measure Manitowoc'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 Manitowoc is operating at the current time. Most of Manitowoc's value examination focuses on studying past and present price action to predict the probability of Manitowoc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manitowoc's price. Additionally, you may evaluate how the addition of Manitowoc to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Fundamental Analysis
View fundamental data based on most recent published financial statements
Global Correlations
Find global opportunities by holding instruments from different markets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Is Manitowoc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manitowoc. If investors know Manitowoc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manitowoc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.436
Earnings Share
1.09
Revenue Per Share
63.481
Quarterly Revenue Growth
(0.04)
Return On Assets
0.041
The market value of Manitowoc is measured differently than its book value, which is the value of Manitowoc that is recorded on the company's balance sheet. Investors also form their own opinion of Manitowoc's value that differs from its market value or its book value, called intrinsic value, which is Manitowoc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manitowoc's market value can be influenced by many factors that don't directly affect Manitowoc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Manitowoc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manitowoc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manitowoc'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.