Queenco L Stock Current Ratio
QNCO Stock | ILA 315.00 55.00 21.15% |
Queenco L fundamentals help investors to digest information that contributes to Queenco L's financial success or failures. It also enables traders to predict the movement of Queenco Stock. The fundamental analysis module provides a way to measure Queenco L'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 Queenco L stock.
Queenco |
Queenco Current Ratio Analysis
Queenco L'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 Queenco L Current Ratio | 0.38 X |
Most of Queenco L'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, Queenco L 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, Queenco L has a Current Ratio of 0.38 times. This is 83.26% lower than that of the Hotels, Restaurants & Leisure sector and 80.51% lower than that of the Consumer Discretionary industry. The current ratio for all Israel stocks is 82.41% higher than that of the company.
Queenco Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Queenco L'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 Queenco L could also be used in its relative valuation, which is a method of valuing Queenco L by comparing valuation metrics of similar companies.Queenco L is currently under evaluation in current ratio category among related companies.
Queenco Fundamentals
Return On Equity | 0.083 | |||
Return On Asset | 0.0222 | |||
Profit Margin | 0.10 % | |||
Operating Margin | 0.10 % | |||
Current Valuation | 272.46 M | |||
Shares Outstanding | 30.03 M | |||
Shares Owned By Insiders | 61.58 % | |||
Shares Owned By Institutions | 6.49 % | |||
Price To Sales | 1.63 X | |||
Revenue | 61.31 M | |||
Gross Profit | 18.4 M | |||
EBITDA | 17.73 M | |||
Net Income | 817 K | |||
Cash And Equivalents | 13.13 M | |||
Cash Per Share | 0.45 X | |||
Total Debt | 35.9 M | |||
Debt To Equity | 0.46 % | |||
Current Ratio | 0.38 X | |||
Book Value Per Share | 2.33 X | |||
Cash Flow From Operations | 5.48 M | |||
Earnings Per Share | 0.03 X | |||
Number Of Employees | 589 | |||
Beta | 0.81 | |||
Market Capitalization | 145.33 M | |||
Total Asset | 32 M | |||
Retained Earnings | (464 M) | |||
Working Capital | (16 M) | |||
Current Asset | 6 M | |||
Current Liabilities | 22 M | |||
Z Score | -16.2 |
About Queenco L Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Queenco L's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Queenco L using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Queenco L 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.Queenco Ltd. develops, owns, and operates entertainment centers and casinos in Greece, Cambodia, and Serbia. The company was incorporated in 1992 and is based in Bnei Brak, Israel. QUEENCO operates under Resorts Casinos classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 696 people.
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 Queenco L 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, Queenco L's short interest history, or implied volatility extrapolated from Queenco L options trading.
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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Queenco-L using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out Queenco L Piotroski F Score and Queenco L Altman Z Score analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Queenco Stock analysis
When running Queenco L's price analysis, check to measure Queenco L'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 Queenco L is operating at the current time. Most of Queenco L's value examination focuses on studying past and present price action to predict the probability of Queenco L's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Queenco L's price. Additionally, you may evaluate how the addition of Queenco L to your portfolios can decrease your overall portfolio volatility.
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