CASTEX TECHNOLOGIE Current Ratio vs. Revenue Fundamental Analysis
CASTEX TECHNOLOGIE is rated fifth in revenue category among related companies. It is rated fifth in current ratio category among related companies . The ratio of Revenue to Current Ratio for CASTEX TECHNOLOGIE is about 30,733,333,333
|Current Ratio ( times )|
CASTEX TECHNOLOGIE is rated fifth in revenue category among related companies. Market size based on revenue of Auto Parts industry is currently estimated at about 175.56 Billion. CASTEX TECHNOLOGIE holds roughly 4.61 Billion in revenue claiming about 2.63% of stocks in Auto Parts industry.Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of business and is important item when evaluating financial statements of a company. Revenues from a firm's main business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can includes product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.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.
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).
CASTEX TECHNOLOGIE Current Ratio Comparison
CASTEX TECHNOLOGIE is currently under evaluation in current ratio category among related companies.
CASTEX TECHNOLOGIE Fundamental Comparison