Toyobo Co Ltd Stock Current Ratio

TYOBY Stock  USD 7.20  0.29  3.87%   
Toyobo Co Ltd fundamentals help investors to digest information that contributes to Toyobo Co's financial success or failures. It also enables traders to predict the movement of Toyobo Pink Sheet. The fundamental analysis module provides a way to measure Toyobo Co'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 Toyobo Co pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Toyobo Co Ltd Company Current Ratio Analysis

Toyobo Co'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 Toyobo Co Current Ratio

    
  1.63 X  
Most of Toyobo Co'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, Toyobo Co Ltd 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, Toyobo Co Ltd has a Current Ratio of 1.63 times. This is 57.44% lower than that of the Basic Materials sector and 56.88% lower than that of the Specialty Chemicals industry. The current ratio for all United States stocks is 24.54% higher than that of the company.

Toyobo Current Ratio Peer Comparison

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

Toyobo Fundamentals

About Toyobo Co Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Toyobo Co Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Toyobo Co using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Toyobo Co Ltd 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 Toyobo Co 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, Toyobo Co's short interest history, or implied volatility extrapolated from Toyobo Co options trading.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toyobo Co Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Toyobo Co information on this page should be used as a complementary analysis to other Toyobo Co's 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Toyobo Pink Sheet analysis

When running Toyobo Co's price analysis, check to measure Toyobo Co'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 Toyobo Co is operating at the current time. Most of Toyobo Co's value examination focuses on studying past and present price action to predict the probability of Toyobo Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toyobo Co's price. Additionally, you may evaluate how the addition of Toyobo Co to your portfolios can decrease your overall portfolio volatility.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Please note, there is a significant difference between Toyobo Co's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toyobo Co is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toyobo Co'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.