Teladoc Stock Current Ratio

TDOC Stock  USD 15.27  0.22  1.46%   
Teladoc fundamentals help investors to digest information that contributes to Teladoc's financial success or failures. It also enables traders to predict the movement of Teladoc Stock. The fundamental analysis module provides a way to measure Teladoc'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 Teladoc stock.
The current year's Current Ratio is expected to grow to 5.05.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Teladoc Current Ratio Analysis

Teladoc'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.

Teladoc Current Ratio

5.05

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Teladoc Current Ratio

    
  3.38 X  
Most of Teladoc'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, Teladoc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Teladoc Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Teladoc is extremely important. It helps to project a fair market value of Teladoc Stock properly, considering its historical fundamentals such as Current Ratio. Since Teladoc's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Teladoc's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Teladoc's interrelated accounts and indicators.
0.620.990.890.73-0.140.770.230.680.630.980.60.750.690.640.81-0.350.84-0.70.58-0.420.550.130.690.640.710.990.670.74
0.620.550.790.89-0.850.970.890.991.00.450.590.980.990.990.96-0.430.72-0.870.99-0.780.780.170.480.990.990.630.950.96
0.990.550.850.67-0.050.710.150.610.560.990.550.690.630.570.75-0.310.81-0.650.51-0.360.50.110.680.570.650.990.60.68
0.890.790.850.84-0.410.880.450.850.810.810.640.850.860.830.9-0.530.82-0.770.72-0.610.790.250.740.820.820.860.870.85
0.730.890.670.84-0.690.940.680.920.90.590.680.940.930.850.95-0.380.66-0.960.87-0.550.850.290.760.910.920.720.820.93
-0.14-0.85-0.05-0.41-0.69-0.73-0.98-0.8-0.850.06-0.41-0.76-0.8-0.81-0.70.29-0.380.69-0.880.67-0.61-0.15-0.18-0.83-0.79-0.15-0.75-0.76
0.770.970.710.880.94-0.730.780.990.980.630.691.00.990.961.0-0.460.82-0.90.96-0.740.770.20.590.970.990.770.940.99
0.230.890.150.450.68-0.980.780.830.880.030.420.810.830.860.74-0.320.51-0.670.92-0.750.550.160.160.870.840.250.80.8
0.680.990.610.850.92-0.80.990.830.990.520.630.981.00.990.97-0.480.75-0.880.97-0.760.820.240.581.00.980.680.960.96
0.631.00.560.810.9-0.850.980.880.990.460.590.980.990.990.96-0.460.73-0.870.98-0.780.790.230.521.00.990.640.950.96
0.980.450.990.810.590.060.630.030.520.460.520.60.530.470.67-0.270.77-0.570.41-0.270.420.090.660.470.550.970.520.6
0.60.590.550.640.68-0.410.690.420.630.590.520.650.630.580.69-0.320.7-0.60.6-0.520.350.110.380.560.60.560.650.69
0.750.980.690.850.94-0.761.00.810.980.980.60.650.990.960.99-0.420.8-0.920.97-0.720.760.180.570.981.00.760.930.99
0.690.990.630.860.93-0.80.990.831.00.990.530.630.990.990.98-0.480.75-0.890.97-0.760.820.240.581.00.980.690.960.97
0.640.990.570.830.85-0.810.960.860.990.990.470.580.960.990.94-0.520.76-0.810.96-0.810.770.230.480.990.960.640.970.94
0.810.960.750.90.95-0.71.00.740.970.960.670.690.990.980.94-0.430.82-0.920.94-0.690.780.20.630.960.980.810.930.98
-0.35-0.43-0.31-0.53-0.380.29-0.46-0.32-0.48-0.46-0.27-0.32-0.42-0.48-0.52-0.43-0.450.2-0.360.56-0.42-0.41-0.41-0.45-0.4-0.31-0.48-0.39
0.840.720.810.820.66-0.380.820.510.750.730.770.70.80.750.760.82-0.45-0.620.73-0.660.360.20.430.720.780.820.810.82
-0.7-0.87-0.65-0.77-0.960.69-0.9-0.67-0.88-0.87-0.57-0.6-0.92-0.89-0.81-0.920.2-0.62-0.870.48-0.8-0.17-0.67-0.88-0.91-0.71-0.79-0.92
0.580.990.510.720.87-0.880.960.920.970.980.410.60.970.970.960.94-0.360.73-0.87-0.760.690.160.420.970.980.60.920.96
-0.42-0.78-0.36-0.61-0.550.67-0.74-0.75-0.76-0.78-0.27-0.52-0.72-0.76-0.81-0.690.56-0.660.48-0.76-0.47-0.11-0.19-0.76-0.72-0.41-0.81-0.71
0.550.780.50.790.85-0.610.770.550.820.790.420.350.760.820.770.78-0.420.36-0.80.69-0.470.240.730.820.760.550.730.72
0.130.170.110.250.29-0.150.20.160.240.230.090.110.180.240.230.2-0.410.2-0.170.16-0.110.240.620.240.180.10.170.15
0.690.480.680.740.76-0.180.590.160.580.520.660.380.570.580.480.63-0.410.43-0.670.42-0.190.730.620.540.550.680.450.54
0.640.990.570.820.91-0.830.970.871.01.00.470.560.981.00.990.96-0.450.72-0.880.97-0.760.820.240.540.980.650.950.95
0.710.990.650.820.92-0.790.990.840.980.990.550.61.00.980.960.98-0.40.78-0.910.98-0.720.760.180.550.980.720.930.98
0.990.630.990.860.72-0.150.770.250.680.640.970.560.760.690.640.81-0.310.82-0.710.6-0.410.550.10.680.650.720.650.73
0.670.950.60.870.82-0.750.940.80.960.950.520.650.930.960.970.93-0.480.81-0.790.92-0.810.730.170.450.950.930.650.94
0.740.960.680.850.93-0.760.990.80.960.960.60.690.990.970.940.98-0.390.82-0.920.96-0.710.720.150.540.950.980.730.94
Click cells to compare fundamentals

Teladoc Current Ratio Historical Pattern

Today, most investors in Teladoc Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Teladoc's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Teladoc current ratio as a starting point in their analysis.
   Teladoc Current Ratio   
       Timeline  
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

Teladoc Short Term Coverage Ratios

Short Term Coverage Ratios

34.18

At present, Teladoc's Short Term Coverage Ratios is projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Teladoc has a Current Ratio of 3.38 times. This is 16.15% higher than that of the Health Care Technology sector and significantly higher than that of the Health Care industry. The current ratio for all United States stocks is 56.48% lower than that of the firm.

Teladoc Current Ratio Peer Comparison

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

Teladoc Fundamentals

About Teladoc Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Teladoc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Teladoc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Teladoc 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.
Last ReportedProjected for 2024
Current Ratio 3.54  5.05 

Teladoc Investors Sentiment

The influence of Teladoc's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Teladoc. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Teladoc's public news can be used to forecast risks associated with an investment in Teladoc. The trend in average sentiment can be used to explain how an investor holding Teladoc can time the market purely based on public headlines and social activities around Teladoc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Teladoc's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Teladoc's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Teladoc's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Teladoc.

Teladoc Implied Volatility

    
  58.66  
Teladoc's implied volatility exposes the market's sentiment of Teladoc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Teladoc's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Teladoc stock will not fluctuate a lot when Teladoc's options are near their expiration.
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 Teladoc 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, Teladoc's short interest history, or implied volatility extrapolated from Teladoc options trading.

Currently Active Assets on Macroaxis

When determining whether Teladoc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Teladoc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Teladoc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Teladoc Stock:
Check out Teladoc Piotroski F Score and Teladoc Altman Z Score analysis.
For information on how to trade Teladoc Stock refer to our How to Trade Teladoc Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Teladoc Stock analysis

When running Teladoc's price analysis, check to measure Teladoc'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 Teladoc is operating at the current time. Most of Teladoc's value examination focuses on studying past and present price action to predict the probability of Teladoc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teladoc's price. Additionally, you may evaluate how the addition of Teladoc to your portfolios can decrease your overall portfolio volatility.
Transaction History
View history of all your transactions and understand their impact on performance
Global Correlations
Find global opportunities by holding instruments from different markets
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Is Teladoc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teladoc. If investors know Teladoc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teladoc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.34)
Revenue Per Share
15.813
Quarterly Revenue Growth
0.036
Return On Assets
(0.03)
Return On Equity
(0.1)
The market value of Teladoc is measured differently than its book value, which is the value of Teladoc that is recorded on the company's balance sheet. Investors also form their own opinion of Teladoc's value that differs from its market value or its book value, called intrinsic value, which is Teladoc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teladoc's market value can be influenced by many factors that don't directly affect Teladoc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teladoc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teladoc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teladoc'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.