The Drivers Module shows relationships between Abetrans Logistics's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Abetrans Logistics Ltd over time as well as its relative position and ranking within its peers. Check also Trending Equities.
Abetrans Logistics Price to Book vs. Working Capital Fundamental Analysis
Abetrans Logistics Ltd is rated below average in working capital category among related companies. It is rated below average in price to book category among related companies . Working Capital is measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is important indicator of the firm ability to continue its normal operations without additional debt obligations. .
|Price to Book ( times )|
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Abetrans Logistics Price to Book Comparison
Abetrans Logistics is currently under evaluation in price to book category among related companies.
Abetrans Logistics is currently under evaluation in revenue category among related companies.