ATT Beta vs. Current Ratio

T -- USA Stock  

USD 33.62  0.02  0.06%

The Drivers Module shows relationships between ATT's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of ATT over time as well as its relative position and ranking within its peers. Also please take a look at World Market Map

ATT Current Ratio vs. Beta Fundamental Analysis

ATT is rated below average in beta category among related companies. It is rated below average in current ratio category among related companies fabricating about  2.19  of Current Ratio per Beta.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of financial instrument to the financial market in which this instrument is traded. For example if Beta of equity is 2, it will be expected to significantly outperform market when market is going up and significantly underperform when market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns during over time.
ATT 
Beta 
 = 
Covariance 
Variance 
=
0.37
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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.
ATT 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
=
0.81 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).

ATT Current Ratio Comparison

  Current Ratio 
      ATT Comparables 
ATT is rated below average in current ratio category among related companies.
  Beta 
      ATT Comparables 
ATT is rated below average in beta category among related companies.

Beta Analysis

As returns on market increase, ATT returns are expected to increase less than the market. However during bear market, the loss on holding ATT will be expected to be smaller as well.
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