Palram Stock Current Ratio

PLRM Stock  ILS 4,375  25.00  0.57%   
Palram fundamentals help investors to digest information that contributes to Palram's financial success or failures. It also enables traders to predict the movement of Palram Stock. The fundamental analysis module provides a way to measure Palram'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 Palram 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.

Palram Current Ratio Analysis

Palram'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 Palram Current Ratio

    
  1.96 X  
Most of Palram'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, Palram 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, Palram has a Current Ratio of 1.96 times. This is 13.66% lower than that of the Chemicals sector and 27.27% higher than that of the Materials industry. The current ratio for all Israel stocks is 9.26% higher than that of the company.

Palram Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Palram'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 Palram could also be used in its relative valuation, which is a method of valuing Palram by comparing valuation metrics of similar companies.
Palram is currently under evaluation in current ratio category among related companies.

Palram Fundamentals

About Palram Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Palram's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Palram using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Palram 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.
Palram Industries Ltd provides thermoplastic panels, architectural roofing systems, and self-assemble finished products in Israel. Palram Industries Ltd is a subsidiary of Ramat Yohanan Industries Agriculture Development-Agricultural Coperative Society. PALRAM INDUSTRIES is traded on Tel Aviv Stock Exchange in Israel.

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Check out Palram Piotroski F Score and Palram Altman Z Score analysis.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Palram Stock analysis

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