Kaiser Aluminum Stock Current Ratio

KALU Stock  USD 89.36  1.16  1.32%   
Kaiser Aluminum fundamentals help investors to digest information that contributes to Kaiser Aluminum's financial success or failures. It also enables traders to predict the movement of Kaiser Stock. The fundamental analysis module provides a way to measure Kaiser Aluminum'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 Kaiser Aluminum stock.
Current Ratio is likely to drop to 1.98 in 2024.
  
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Kaiser Current Ratio Analysis

Kaiser Aluminum'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.

Kaiser Aluminum Current Ratio

1.98

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Kaiser Aluminum Current Ratio

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

Kaiser Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Kaiser Aluminum is extremely important. It helps to project a fair market value of Kaiser Stock properly, considering its historical fundamentals such as Current Ratio. Since Kaiser Aluminum'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 Kaiser Aluminum'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 Kaiser Aluminum's interrelated accounts and indicators.
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Kaiser Current Ratio Historical Pattern

Today, most investors in Kaiser Aluminum Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Kaiser Aluminum'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 Kaiser Aluminum current ratio as a starting point in their analysis.
   Kaiser Aluminum 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

Kaiser Short Term Coverage Ratios

Short Term Coverage Ratios

19.93

At this time, Kaiser Aluminum's Short Term Coverage Ratios is comparatively stable compared to the past year.
In accordance with the recently published financial statements, Kaiser Aluminum has a Current Ratio of 2.41 times. This is 37.08% lower than that of the Metals & Mining sector and 35.39% higher than that of the Materials industry. The current ratio for all United States stocks is 11.57% lower than that of the firm.

Kaiser Current Ratio Peer Comparison

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

Kaiser Fundamentals

About Kaiser Aluminum Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Kaiser Aluminum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kaiser Aluminum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kaiser Aluminum 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 2.68  1.98 
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 Kaiser Aluminum 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, Kaiser Aluminum's short interest history, or implied volatility extrapolated from Kaiser Aluminum options trading.

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When determining whether Kaiser Aluminum is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kaiser Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kaiser Aluminum Stock. Highlighted below are key reports to facilitate an investment decision about Kaiser Aluminum Stock:
Check out Kaiser Aluminum Piotroski F Score and Kaiser Aluminum Altman Z Score analysis.
For more information on how to buy Kaiser Stock please use our How to Invest in Kaiser Aluminum guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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Is Kaiser Aluminum'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 Kaiser Aluminum. If investors know Kaiser 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 Kaiser Aluminum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.151
Dividend Share
3.08
Earnings Share
2.92
Revenue Per Share
193.046
Quarterly Revenue Growth
(0.07)
The market value of Kaiser Aluminum is measured differently than its book value, which is the value of Kaiser that is recorded on the company's balance sheet. Investors also form their own opinion of Kaiser Aluminum's value that differs from its market value or its book value, called intrinsic value, which is Kaiser Aluminum'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 Kaiser Aluminum's market value can be influenced by many factors that don't directly affect Kaiser Aluminum'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 Kaiser Aluminum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kaiser Aluminum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kaiser Aluminum'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.