Arad Investment Industrial Stock Current Ratio
ARAD Stock | ILS 9,345 45.00 0.48% |
Arad Investment Industrial fundamentals help investors to digest information that contributes to Arad Investment's financial success or failures. It also enables traders to predict the movement of Arad Stock. The fundamental analysis module provides a way to measure Arad Investment'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 Arad Investment stock.
Arad |
Arad Current Ratio Analysis
Arad Investment'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 Arad Investment Current Ratio | 1.43 X |
Most of Arad Investment'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, Arad Investment Industrial 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, Arad Investment Industrial has a Current Ratio of 1.43 times. This is 30.58% lower than that of the Industrial Conglomerates sector and 78.1% lower than that of the Industrials industry. The current ratio for all Israel stocks is 33.8% higher than that of the company.
Arad Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Arad Investment'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 Arad Investment could also be used in its relative valuation, which is a method of valuing Arad Investment by comparing valuation metrics of similar companies.Arad Investment is currently under evaluation in current ratio category among related companies.
Arad Fundamentals
Return On Equity | 0.21 | |||
Return On Asset | 0.0324 | |||
Profit Margin | 0.17 % | |||
Operating Margin | 0.17 % | |||
Current Valuation | 6.27 B | |||
Shares Outstanding | 6.8 M | |||
Shares Owned By Insiders | 62.78 % | |||
Shares Owned By Institutions | 13.71 % | |||
Price To Earning | 674.15 X | |||
Price To Book | 1.02 X | |||
Price To Sales | 0.90 X | |||
Revenue | 2.93 B | |||
Gross Profit | 761.19 M | |||
EBITDA | 1.34 B | |||
Net Income | 486.85 M | |||
Cash And Equivalents | 574.11 M | |||
Cash Per Share | 74.49 X | |||
Total Debt | 3.17 B | |||
Debt To Equity | 87.40 % | |||
Current Ratio | 1.43 X | |||
Book Value Per Share | 421.89 X | |||
Cash Flow From Operations | 557.96 M | |||
Earnings Per Share | 77.35 X | |||
Number Of Employees | 4.37 K | |||
Beta | 0.36 | |||
Market Capitalization | 2.94 B | |||
Total Asset | 10.76 B | |||
Retained Earnings | 1.13 B | |||
Working Capital | (33 M) | |||
Current Asset | 1.66 B | |||
Current Liabilities | 1.69 B | |||
Annual Yield | 0.01 % | |||
Net Asset | 10.76 B | |||
Last Dividend Paid | 3.0 |
About Arad Investment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Arad Investment Industrial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arad Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Arad Investment Industrial 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.Arad Investment Industrial Development Ltd., through its subsidiaries, engages in real estate, information technologies, and construction materials businesses in Israel, Cyprus, Greece, and the United States. Arad Investment Industrial Development Ltd. was founded in 1963 and is based in Tel Aviv, Israel. ARAD INVESTMENT is traded on Tel Aviv Stock Exchange in Israel.
Pair Trading with Arad Investment
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 Arad Investment 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 Arad Investment will appreciate offsetting losses from the drop in the long position's value.Moving against Arad Stock
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0.46 | MGDL | Migdal Insurance | PairCorr |
The ability to find closely correlated positions to Arad Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arad Investment 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 Arad Investment - 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 Arad Investment Industrial to buy it.
The correlation of Arad Investment 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 Arad Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arad Investment Indu 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 Arad Investment 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.Check out Arad Investment Piotroski F Score and Arad Investment Altman Z Score analysis. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Arad Stock analysis
When running Arad Investment's price analysis, check to measure Arad Investment'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 Arad Investment is operating at the current time. Most of Arad Investment's value examination focuses on studying past and present price action to predict the probability of Arad Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arad Investment's price. Additionally, you may evaluate how the addition of Arad Investment to your portfolios can decrease your overall portfolio volatility.
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