Edge Resources Selected Fundamentals

The Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools

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.

Did you try this?

Run Portfolio Center Now
   

Portfolio Center

All portfolio management and optimization tools to improve performance of your portfolios
All  Next Launch Portfolio Center

Thematic Opportunities

Explore Investment Opportunities
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas  

Fundamental Indicators

Current Edge Resources financial ratios