Summit Stock Current Ratio

SMT Stock  ILS 4,352  144.00  3.20%   
Summit fundamentals help investors to digest information that contributes to Summit's financial success or failures. It also enables traders to predict the movement of Summit Stock. The fundamental analysis module provides a way to measure Summit'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 Summit 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.

Summit Company Current Ratio Analysis

Summit'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 Summit Current Ratio

    
  1.19 X  
Most of Summit'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, Summit 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, Summit has a Current Ratio of 1.19 times. This is 62.7% lower than that of the Real Estate Management & Development sector and 86.87% lower than that of the Real Estate industry. The current ratio for all Israel stocks is 44.91% higher than that of the company.

Summit Current Ratio Peer Comparison

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

Summit Fundamentals

About Summit Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Summit's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Summit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Summit 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.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit. 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Summit Stock analysis

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