ETRADE Financial Current Ratio

ETFC -- USA Stock  

USD 48.51  2.07  4.46%

The Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
Symbol
Refresh

ETRADE Financial Current Ratio Analysis

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
ETRADE Financial Current Ratio  =
1.17X
ETRADE Financial ValuationFundamentalsBuy or Sell

ETRADE Financial Distress Driver Correlations

About Current Ratio

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).
Compare to competition
Accumulated Other Comprehensive Income
In accordance with recently published financial statements ETRADE Financial Corporation has Current Ratio of 1.17 times. This is 71.11% lower than that of the Financial Services sector, and 65.38% lower than that of Capital Markets industry, The Current Ratio for all stocks is 45.83% higher than the company.

Did you try this?

Run Equity Search Now

   

Equity Search

Search for activelly-traded equities including funds and ETFs from over 30 global markets
All  Next Launch Module

ETRADE Financial current financial ratios



 
Search macroaxis.com