Ashot Ashkelon Fundamental Relationships

ASHO -- Israel Stock  

ILS 1,146  22.00  1.88%

The Drivers Module shows relationships between Ashot Ashkelon's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Ashot Ashkelon Industries Ltd over time as well as its relative position and ranking within its peers. Check also Trending Equities.

Ashot Ashkelon Indus Current Ratio vs. Gross Profit Fundamental Analysis

Ashot Ashkelon Industries Ltd is rated below average in gross profit category among related companies. It is rated second in current ratio category among related companies . The ratio of Gross Profit to Current Ratio for Ashot Ashkelon Industries Ltd is about  14,687,151 
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Ashot Ashkelon 
Gross Profit 
 = 
Revenue 
-  
Cost of Revenue 
=
26.29 M
Gross Profit varies significantly from one sector to another and tells investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Ashot Ashkelon 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
=
1.79 times
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 generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).

Ashot Ashkelon Indus Current Ratio Comparison

Ashot Ashkelon is currently under evaluation in current ratio category among related companies.
Search macroaxis.com