Asahi Group Holdings Stock Current Ratio

ABW Stock  EUR 33.76  0.67  2.02%   
Asahi Group Holdings fundamentals help investors to digest information that contributes to Asahi Group's financial success or failures. It also enables traders to predict the movement of Asahi Stock. The fundamental analysis module provides a way to measure Asahi Group'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 Asahi Group 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.

Asahi Current Ratio Analysis

Asahi Group'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 Asahi Group Current Ratio

    
  0.74 X  
Most of Asahi Group'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, Asahi Group Holdings 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, Asahi Group Holdings has a Current Ratio of 0.74 times. This is 62.81% lower than that of the Consumer Defensive sector and 34.51% lower than that of the Beverages - Brewers industry. The current ratio for all Germany stocks is 65.74% higher than that of the company.

Asahi Current Ratio Peer Comparison

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

Asahi Fundamentals

About Asahi Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Asahi Group Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asahi Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asahi Group Holdings 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.
Asahi Group Holdings, Ltd. manufactures and sells alcoholic beverages, soft drinks, and food products in Japan and internationally. Asahi Group Holdings, Ltd. was founded in 1889 and is based in Tokyo, Japan. ASAHI GROUP operates under Beverages - Brewers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 28055 people.
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 Asahi Group 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, Asahi Group's short interest history, or implied volatility extrapolated from Asahi Group options trading.

Pair Trading with Asahi Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Asahi Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Asahi Group will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Asahi Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asahi Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Asahi Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Asahi Group Holdings to buy it.
The correlation of Asahi Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asahi Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asahi Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Asahi Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Asahi Group Piotroski F Score and Asahi Group Altman Z Score analysis.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Asahi Group's price analysis, check to measure Asahi Group'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 Asahi Group is operating at the current time. Most of Asahi Group's value examination focuses on studying past and present price action to predict the probability of Asahi Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asahi Group's price. Additionally, you may evaluate how the addition of Asahi Group to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Asahi Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asahi Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asahi Group'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.