Tencent Holdings Stock Current Ratio
TCTZF Stock | USD 38.25 0.38 0.98% |
Tencent Holdings fundamentals help investors to digest information that contributes to Tencent Holdings' financial success or failures. It also enables traders to predict the movement of Tencent Pink Sheet. The fundamental analysis module provides a way to measure Tencent Holdings' 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 Tencent Holdings pink sheet.
Tencent |
Tencent Holdings Company Current Ratio Analysis
Tencent Holdings' 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 Tencent Holdings Current Ratio | 1.38 X |
Most of Tencent Holdings' 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, Tencent Holdings 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, Tencent Holdings has a Current Ratio of 1.38 times. This is 38.0% higher than that of the Communication Services sector and significantly higher than that of the Internet Content & Information industry. The current ratio for all United States stocks is 36.11% higher than that of the company.
Tencent Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tencent Holdings' 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 Tencent Holdings could also be used in its relative valuation, which is a method of valuing Tencent Holdings by comparing valuation metrics of similar companies.Tencent Holdings is currently under evaluation in current ratio category among related companies.
Tencent Fundamentals
Return On Equity | 0.2 | |||
Return On Asset | 0.0415 | |||
Profit Margin | 0.32 % | |||
Operating Margin | 0.18 % | |||
Current Valuation | 410.64 B | |||
Shares Outstanding | 9.56 B | |||
Shares Owned By Insiders | 35.80 % | |||
Shares Owned By Institutions | 21.79 % | |||
Price To Earning | 13.61 X | |||
Price To Book | 3.67 X | |||
Price To Sales | 0.71 X | |||
Revenue | 560.12 B | |||
Gross Profit | 245.93 B | |||
EBITDA | 255.18 B | |||
Net Income | 224.82 B | |||
Cash And Equivalents | 292.19 B | |||
Cash Per Share | 30.63 X | |||
Total Debt | 282.53 B | |||
Debt To Equity | 0.44 % | |||
Current Ratio | 1.38 X | |||
Book Value Per Share | 79.23 X | |||
Cash Flow From Operations | 175.19 B | |||
Earnings Per Share | 2.69 X | |||
Price To Earnings To Growth | 1.04 X | |||
Target Price | 64.96 | |||
Number Of Employees | 108.84 K | |||
Beta | 0.61 | |||
Market Capitalization | 474.76 B | |||
Total Asset | 1.61 T | |||
Retained Earnings | 126.86 B | |||
Working Capital | 24.17 B | |||
Current Asset | 120.22 B | |||
Current Liabilities | 96.05 B | |||
Z Score | 0.6 | |||
Annual Yield | 0 % | |||
Five Year Return | 0.21 % | |||
Net Asset | 1.61 T | |||
Last Dividend Paid | 1.3 |
About Tencent Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tencent Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tencent Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tencent Holdings 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 Tencent Holdings 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, Tencent Holdings' short interest history, or implied volatility extrapolated from Tencent Holdings options trading.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tencent Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Tencent Holdings information on this page should be used as a complementary analysis to other Tencent Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Tencent Pink Sheet analysis
When running Tencent Holdings' price analysis, check to measure Tencent Holdings' 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 Tencent Holdings is operating at the current time. Most of Tencent Holdings' value examination focuses on studying past and present price action to predict the probability of Tencent Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tencent Holdings' price. Additionally, you may evaluate how the addition of Tencent Holdings to your portfolios can decrease your overall portfolio volatility.
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