Forza X1 Stock Current Ratio
| FRZA Stock | USD 0.28 0.04 12.50% |
Forza X1 fundamentals help investors to digest information that contributes to Forza X1's financial success or failures. It also enables traders to predict the movement of Forza Stock. The fundamental analysis module provides a way to measure Forza X1'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 Forza X1 stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 15.87 | 12.78 |
Forza | Current Ratio |
Forza X1 Company Current Ratio Analysis
Forza X1'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.
Current Forza X1 Current Ratio | 5.31 X |
Most of Forza X1'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, Forza X1 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Forza Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Forza X1 is extremely important. It helps to project a fair market value of Forza Stock properly, considering its historical fundamentals such as Current Ratio. Since Forza X1'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 Forza X1'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 Forza X1's interrelated accounts and indicators.
| 0.95 | -0.95 | -0.56 | -0.94 | 0.93 | 1.0 | ||
| 0.95 | -0.99 | -0.74 | -0.97 | 0.92 | 0.96 | ||
| -0.95 | -0.99 | 0.64 | 1.0 | -0.85 | -0.95 | ||
| -0.56 | -0.74 | 0.64 | 0.59 | -0.76 | -0.57 | ||
| -0.94 | -0.97 | 1.0 | 0.59 | -0.82 | -0.94 | ||
| 0.93 | 0.92 | -0.85 | -0.76 | -0.82 | 0.94 | ||
| 1.0 | 0.96 | -0.95 | -0.57 | -0.94 | 0.94 |
Click cells to compare fundamentals
Forza Current Ratio Historical Pattern
Today, most investors in Forza X1 Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Forza X1'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 Forza X1 current ratio as a starting point in their analysis.
Forza X1 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 |
In accordance with the recently published financial statements, Forza X1 has a Current Ratio of 5.31 times. This is 133.92% higher than that of the Textiles, Apparel & Luxury Goods sector and 162.87% higher than that of the Consumer Discretionary industry. The current ratio for all United States stocks is 145.83% lower than that of the firm.
Forza Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forza X1'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 Forza X1 could also be used in its relative valuation, which is a method of valuing Forza X1 by comparing valuation metrics of similar companies.Forza X1 is currently under evaluation in current ratio category among its peers.
Forza Fundamentals
| Return On Equity | -0.64 | ||||
| Return On Asset | -0.41 | ||||
| Current Valuation | (3.34 M) | ||||
| Shares Outstanding | 15.76 M | ||||
| Shares Owned By Insiders | 45.10 % | ||||
| Shares Owned By Institutions | 0.99 % | ||||
| Number Of Shares Shorted | 202.07 K | ||||
| Price To Book | 0.38 X | ||||
| Price To Sales | 127.52 X | ||||
| Revenue | 37.12 K | ||||
| Gross Profit | (232.74 K) | ||||
| EBITDA | (6.41 M) | ||||
| Net Income | (5.93 M) | ||||
| Cash And Equivalents | 258.39 K | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 346.41 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 5.31 X | ||||
| Book Value Per Share | 0.26 X | ||||
| Cash Flow From Operations | (4.22 M) | ||||
| Short Ratio | 0.43 X | ||||
| Earnings Per Share | (0.37) X | ||||
| Target Price | 5.0 | ||||
| Number Of Employees | 10 | ||||
| Market Capitalization | 4.97 M | ||||
| Total Asset | 16.92 M | ||||
| Retained Earnings | (10.02 M) | ||||
| Working Capital | 12.53 M | ||||
| Net Asset | 16.92 M |
About Forza X1 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Forza X1's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forza X1 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forza X1 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Forza Stock
When determining whether Forza X1 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Forza X1's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Forza X1 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Forza X1 Stock:Check out Forza X1 Piotroski F Score and Forza X1 Altman Z Score analysis. For information on how to trade Forza Stock refer to our How to Trade Forza Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Apparel, Accessories & Luxury Goods space 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 Forza X1. If investors know Forza 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 Forza X1 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.37) | Return On Assets (0.41) | Return On Equity (0.64) |
The market value of Forza X1 is measured differently than its book value, which is the value of Forza that is recorded on the company's balance sheet. Investors also form their own opinion of Forza X1's value that differs from its market value or its book value, called intrinsic value, which is Forza X1'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 Forza X1's market value can be influenced by many factors that don't directly affect Forza X1'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 Forza X1's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forza X1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forza X1'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.