Edge Resources Selected Fundamentals

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Current Ratio Analysis

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.
Edge Resources 
Current Ratio 
Current Asset 
Current Liabilities 
0.04 times

About Current Ratio

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).Compare to competition
In accordance with recently published financial statements Edge Resources has Current Ratio of 0.04 times. This is much higher than that of the sector, and significantly higher than that of Current Ratio industry, The Current Ratio for all stocks is over 1000% lower than the firm.

Edge Resources Fundamental Drivers Relationships

Edge Resources is rated below average in cash and equivalents category among related companies. It is rated # 3 in current ratio category among related companies . The ratio of Cash and Equivalents to Current Ratio for Edge Resources is about  2,443,000 

Peer Comparison

Edge Resources Number of Employees Comparison
  Number of Employees 
      Empire District Comparables 
Edge Resources is currently under evaluation in number of employees category among related companies.

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Fundamental Indicators

Current Edge Resources financial ratios