Voxx International Stock Current Ratio
| VOXX Stock | USD 7.28 0.08 1.11% |
VOXX International fundamentals help investors to digest information that contributes to VOXX International's financial success or failures. It also enables traders to predict the movement of VOXX Stock. The fundamental analysis module provides a way to measure VOXX International'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 VOXX International stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 6.14 | 3.38 |
VOXX | Current Ratio |
VOXX International Company Current Ratio Analysis
VOXX International'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 VOXX International Current Ratio | 1.84 X |
Most of VOXX International'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, VOXX International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
VOXX Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for VOXX International is extremely important. It helps to project a fair market value of VOXX Stock properly, considering its historical fundamentals such as Current Ratio. Since VOXX International'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 VOXX International'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 VOXX International's interrelated accounts and indicators.
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VOXX Current Ratio Historical Pattern
Today, most investors in VOXX International Stock are looking for potential investment opportunities by analyzing not only static indicators but also various VOXX International'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 VOXX International current ratio as a starting point in their analysis.
VOXX International 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 |
VOXX Discontinued Operations
Discontinued Operations |
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In accordance with the recently published financial statements, VOXX International has a Current Ratio of 1.84 times. This is 34.98% lower than that of the Household Durables sector and 55.98% lower than that of the Consumer Discretionary industry. The current ratio for all United States stocks is 14.81% higher than that of the company.
VOXX Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VOXX International'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 VOXX International could also be used in its relative valuation, which is a method of valuing VOXX International by comparing valuation metrics of similar companies.VOXX International is currently under evaluation in current ratio category among related companies.
VOXX Fundamentals
| Return On Equity | -0.14 | ||||
| Return On Asset | -0.0211 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 165.85 M | ||||
| Shares Outstanding | 20.34 M | ||||
| Shares Owned By Insiders | 45.31 % | ||||
| Shares Owned By Institutions | 47.41 % | ||||
| Number Of Shares Shorted | 273.29 K | ||||
| Price To Earning | 7.71 X | ||||
| Price To Book | 0.57 X | ||||
| Price To Sales | 0.36 X | ||||
| Revenue | 534.01 M | ||||
| Gross Profit | 134.3 M | ||||
| EBITDA | 3.08 M | ||||
| Net Income | (30.91 M) | ||||
| Cash And Equivalents | 4.33 M | ||||
| Cash Per Share | 0.18 X | ||||
| Total Debt | 40.59 M | ||||
| Debt To Equity | 0.13 % | ||||
| Current Ratio | 1.84 X | ||||
| Book Value Per Share | 14.00 X | ||||
| Cash Flow From Operations | (38.21 M) | ||||
| Short Ratio | 7.63 X | ||||
| Earnings Per Share | (1.64) X | ||||
| Price To Earnings To Growth | (1.18) X | ||||
| Target Price | 3.0 | ||||
| Number Of Employees | 1.05 K | ||||
| Beta | 1.31 | ||||
| Market Capitalization | 166.55 M | ||||
| Total Asset | 519.45 M | ||||
| Retained Earnings | 98 M | ||||
| Working Capital | 131.63 M | ||||
| Current Asset | 264.05 M | ||||
| Current Liabilities | 131.88 M | ||||
| Net Asset | 519.45 M |
About VOXX International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VOXX International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VOXX International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VOXX International 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.
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 VOXX International 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, VOXX International's short interest history, or implied volatility extrapolated from VOXX International options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether VOXX International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VOXX International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Voxx International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Voxx International Stock:Check out VOXX International Piotroski F Score and VOXX International Altman Z Score analysis. For more information on how to buy VOXX Stock please use our How to Invest in VOXX International guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for VOXX Stock analysis
When running VOXX International's price analysis, check to measure VOXX International'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 VOXX International is operating at the current time. Most of VOXX International's value examination focuses on studying past and present price action to predict the probability of VOXX International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VOXX International's price. Additionally, you may evaluate how the addition of VOXX International to your portfolios can decrease your overall portfolio volatility.
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Is VOXX International'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 VOXX International. If investors know VOXX 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 VOXX International 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 (0.73) | Earnings Share (1.64) | Revenue Per Share 21.027 | Quarterly Revenue Growth (0.05) | Return On Assets (0.02) |
The market value of VOXX International is measured differently than its book value, which is the value of VOXX that is recorded on the company's balance sheet. Investors also form their own opinion of VOXX International's value that differs from its market value or its book value, called intrinsic value, which is VOXX International'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 VOXX International's market value can be influenced by many factors that don't directly affect VOXX International'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 VOXX International's value and its price as these two are different measures arrived at by different means. Investors typically determine if VOXX International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VOXX International'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.