Groenlandsbanken As Stock Current Ratio
GRLA Stock | DKK 635.00 10.00 1.55% |
Groenlandsbanken AS fundamentals help investors to digest information that contributes to Groenlandsbanken's financial success or failures. It also enables traders to predict the movement of Groenlandsbanken Stock. The fundamental analysis module provides a way to measure Groenlandsbanken'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 Groenlandsbanken stock.
Groenlandsbanken |
Groenlandsbanken AS Company Current Ratio Analysis
Groenlandsbanken'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.
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, Groenlandsbanken AS has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The current ratio for all Denmark stocks is 100.0% higher than that of the company.
Groenlandsbanken Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Groenlandsbanken'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 Groenlandsbanken could also be used in its relative valuation, which is a method of valuing Groenlandsbanken by comparing valuation metrics of similar companies.Groenlandsbanken is currently under evaluation in current ratio category among related companies.
Groenlandsbanken Fundamentals
Return On Equity | 0.0824 | |||
Return On Asset | 0.0136 | |||
Profit Margin | 0.34 % | |||
Operating Margin | 0.37 % | |||
Current Valuation | (602.8 M) | |||
Shares Outstanding | 1.8 M | |||
Shares Owned By Insiders | 41.21 % | |||
Shares Owned By Institutions | 25.90 % | |||
Price To Earning | 8.87 X | |||
Price To Book | 0.83 X | |||
Price To Sales | 3.49 X | |||
Revenue | 356.34 M | |||
Gross Profit | 354.8 M | |||
Net Income | 132.83 M | |||
Cash And Equivalents | 1.14 B | |||
Cash Per Share | 635.03 X | |||
Total Debt | 10.79 M | |||
Book Value Per Share | 702.45 X | |||
Cash Flow From Operations | 192.39 M | |||
Earnings Per Share | 56.63 X | |||
Number Of Employees | 136 | |||
Beta | 0.32 | |||
Market Capitalization | 1.11 B | |||
Total Asset | 7.23 B | |||
Retained Earnings | 708 M | |||
Working Capital | (3.2 B) | |||
Current Asset | 1.53 B | |||
Current Liabilities | 4.73 B | |||
Z Score | 61.2 | |||
Annual Yield | 0.07 % | |||
Five Year Return | 7.44 % | |||
Net Asset | 7.23 B | |||
Last Dividend Paid | 40.0 |
About Groenlandsbanken Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Groenlandsbanken AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Groenlandsbanken using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Groenlandsbanken AS 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.
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 Groenlandsbanken 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, Groenlandsbanken's short interest history, or implied volatility extrapolated from Groenlandsbanken options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Groenlandsbanken AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Groenlandsbanken Stock analysis
When running Groenlandsbanken's price analysis, check to measure Groenlandsbanken'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 Groenlandsbanken is operating at the current time. Most of Groenlandsbanken's value examination focuses on studying past and present price action to predict the probability of Groenlandsbanken's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Groenlandsbanken's price. Additionally, you may evaluate how the addition of Groenlandsbanken to your portfolios can decrease your overall portfolio volatility.
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |