CDK Global Fundamental Drivers

CDK Global Inc -- USA Stock  

USD 70.18  0.6  0.85%

The Drivers Module shows relationships between CDK Global's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of CDK Global Inc over time as well as its relative position and ranking within its peers. Check also Trending Equities

CDK Global Inc Cash per Share vs. Current Ratio Fundamental Analysis

CDK Global Inc is rated second in current ratio category among related companies. It is rated second in cash per share category among related companies fabricating about  2.42  of Cash per Share per Current Ratio.
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.
CDK Global 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
=
2.37 times
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 generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).
Cash per Share is a ratio of current cash on hands or in the banks of the company to total number of shares outstanding. It is used to determine firm's liquidity and is a good indicator of overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
CDK Global 
Cash per Share 
 = 
Total Cash 
Average Shares 
=
5.73 times
Companies with high Cash per Share ratio will be considered as attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals

Comparison

Cash per Share Comparison
  Cash per Share 
      CDK Global Comparables 
CDK Global is number one stock in cash per share category among related companies.

Revenue

CDK Global Revenue Analysis
CDK Global Inc is rated second in revenue category among related companies. Market size based on revenue of Application Software industry is currently estimated at about 19.82 Billion. CDK Global retains roughly 2.24 Billion in revenue claiming about 11% of stocks in Application Software industry.
CDK Global, Inc. offer integrated information technology and digital marketing solutions to the automotive retail and other industries worldwide. more
NameCDK Global Inc
Analyst Consensus
Piotroski F Score
Macroaxis Advice
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNASDAQ
CIK Number01609702.0
ISINUS12508E1010
CUSIP12508E101
CurrencyUSD - US Dollar
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