Howden Joinery Group Stock Current Ratio

Howden Joinery Group fundamentals help investors to digest information that contributes to Howden Joinery's financial success or failures. It also enables traders to predict the movement of Howden Pink Sheet. The fundamental analysis module provides a way to measure Howden Joinery'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 Howden Joinery pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Howden Joinery Group Company Current Ratio Analysis

Howden Joinery'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 Howden Joinery Current Ratio

    
  1.77 X  
Most of Howden Joinery'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, Howden Joinery Group 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, Howden Joinery Group has a Current Ratio of 1.77 times. This is 22.03% lower than that of the Consumer Cyclical sector and significantly higher than that of the Furnishings, Fixtures & Appliances industry. The current ratio for all United States stocks is 18.06% higher than that of the company.

Howden Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Howden Joinery's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Howden Joinery could also be used in its relative valuation, which is a method of valuing Howden Joinery by comparing valuation metrics of similar companies.
Howden Joinery is currently under evaluation in current ratio category among related companies.

Howden Fundamentals

About Howden Joinery Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Howden Joinery Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Howden Joinery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Howden Joinery 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.
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 Howden Joinery 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, Howden Joinery's short interest history, or implied volatility extrapolated from Howden Joinery options trading.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Howden Pink Sheet analysis

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