Freeport Resources Stock Current Ratio
| FEERF Stock | USD 0.05 0.0003 0.65% |
Freeport Resources fundamentals help investors to digest information that contributes to Freeport Resources' financial success or failures. It also enables traders to predict the movement of Freeport OTC Stock. The fundamental analysis module provides a way to measure Freeport Resources' 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 Freeport Resources otc stock.
Freeport |
Freeport Resources OTC Stock Current Ratio Analysis
Freeport Resources' 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.
Current Freeport Resources Current Ratio | 3.24 X |
Most of Freeport Resources' 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, Freeport Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
In accordance with the recently published financial statements, Freeport Resources has a Current Ratio of 3.24 times. This is 15.4% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The current ratio for all United States stocks is 50.0% lower than that of the firm.
Freeport Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Freeport Resources' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Freeport Resources could also be used in its relative valuation, which is a method of valuing Freeport Resources by comparing valuation metrics of similar companies.Freeport Resources is currently under evaluation in current ratio category among related companies.
Freeport Fundamentals
| Return On Equity | -1.21 | |||
| Return On Asset | -0.6 | |||
| Current Valuation | 1.46 M | |||
| Shares Outstanding | 126.01 M | |||
| Shares Owned By Insiders | 0.82 % | |||
| Price To Book | 3.04 X | |||
| Gross Profit | (4.09 M) | |||
| EBITDA | (5.91 M) | |||
| Net Income | (6.47 M) | |||
| Cash And Equivalents | 925.13 K | |||
| Cash Per Share | 0.01 X | |||
| Current Ratio | 3.24 X | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (1.44 M) | |||
| Earnings Per Share | (0.06) X | |||
| Beta | 2.16 | |||
| Market Capitalization | 6.56 M | |||
| Total Asset | 1.61 M | |||
| Z Score | -9.9 | |||
| Net Asset | 1.61 M |
About Freeport Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Freeport Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Freeport Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Freeport Resources based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
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 Freeport Resources 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, Freeport Resources' short interest history, or implied volatility extrapolated from Freeport Resources options trading.
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Complementary Tools for Freeport OTC Stock analysis
When running Freeport Resources' price analysis, check to measure Freeport Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport Resources is operating at the current time. Most of Freeport Resources' value examination focuses on studying past and present price action to predict the probability of Freeport Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport Resources' price. Additionally, you may evaluate how the addition of Freeport Resources to your portfolios can decrease your overall portfolio volatility.
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