Cofix Group Stock Current Liabilities

CFX Stock  ILS 414.60  11.10  2.61%   
Cofix Group fundamentals help investors to digest information that contributes to Cofix's financial success or failures. It also enables traders to predict the movement of Cofix Stock. The fundamental analysis module provides a way to measure Cofix'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 Cofix 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.

Cofix Current Liabilities Analysis

Cofix's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

In accordance with the recently published financial statements, Cofix Group has a Current Liabilities of 0.0. This is 100.0% lower than that of the Hotels, Restaurants & Leisure sector and 100.0% lower than that of the Consumer Discretionary industry. The current liabilities for all Israel stocks is 100.0% higher than that of the company.

Did you try this?

Run Odds Of Bankruptcy Now

   

Odds Of Bankruptcy

Get analysis of equity chance of financial distress in the next 2 years
All  Next Launch Module

Cofix Fundamentals

About Cofix Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cofix Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cofix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cofix Group 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.
Cofix Group Ltd operates and franchises coffee shops, supermarkets, and bars in Israel. Cofix Group Ltd is a subsidiary of Rami Levi Chain Stores Hashikma Marketing 2006 Ltd. COFIX GROUP is traded on Tel Aviv Stock Exchange in Israel.
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 Cofix 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, Cofix's short interest history, or implied volatility extrapolated from Cofix options trading.

Pair Trading with Cofix

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 Cofix 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 Cofix will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cofix Stock

  0.77AZRG Azrieli GroupPairCorr

Moving against Cofix Stock

  0.54BEZQ Bezeq Israeli TelecoPairCorr
  0.5ALHE Alony Hetz PropertiesPairCorr
  0.49BCOM B CommunicationsPairCorr
  0.43GZT Gazit GlobePairCorr
The ability to find closely correlated positions to Cofix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cofix 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 Cofix - 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 Cofix Group to buy it.
The correlation of Cofix 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 Cofix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cofix Group 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 Cofix 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 Cofix Piotroski F Score and Cofix Altman Z Score analysis.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Cofix Stock analysis

When running Cofix's price analysis, check to measure Cofix'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 Cofix is operating at the current time. Most of Cofix's value examination focuses on studying past and present price action to predict the probability of Cofix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cofix's price. Additionally, you may evaluate how the addition of Cofix to your portfolios can decrease your overall portfolio volatility.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Bonds Directory
Find actively traded corporate debentures issued by US companies
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Please note, there is a significant difference between Cofix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cofix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cofix'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.