Hemp Inc Stock Current Ratio
Hemp Inc fundamentals help investors to digest information that contributes to Hemp's financial success or failures. It also enables traders to predict the movement of Hemp Pink Sheet. The fundamental analysis module provides a way to measure Hemp'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 Hemp pink sheet.
Hemp |
Hemp Inc Company Current Ratio Analysis
Hemp'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 Hemp Current Ratio | 31.20 X |
Most of Hemp'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, Hemp Inc 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, Hemp Inc has a Current Ratio of 31.2 times. This is much higher than that of the Healthcare sector and significantly higher than that of the Drug Manufacturers—Specialty & Generic industry. The current ratio for all United States stocks is notably lower than that of the firm.
Hemp Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hemp's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Hemp could also be used in its relative valuation, which is a method of valuing Hemp by comparing valuation metrics of similar companies.Hemp is currently under evaluation in current ratio category among related companies.
Hemp Fundamentals
| Return On Equity | -0.74 | |||
| Return On Asset | -0.0558 | |||
| Operating Margin | (34.40) % | |||
| Current Valuation | 58.4 M | |||
| Shares Outstanding | 17.66 B | |||
| Price To Earning | (2.32) X | |||
| Price To Sales | 53.18 X | |||
| Revenue | 116.22 K | |||
| Gross Profit | 20.45 K | |||
| Net Income | (25.36 M) | |||
| Cash And Equivalents | 115.74 K | |||
| Total Debt | 30.22 M | |||
| Debt To Equity | 2.18 % | |||
| Current Ratio | 31.20 X | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (15.14 M) | |||
| Earnings Per Share | (0) X | |||
| Number Of Employees | 12 | |||
| Beta | 1.84 | |||
| Market Capitalization | 7.06 M | |||
| Total Asset | 7.32 M | |||
| Retained Earnings | (31.97 M) | |||
| Working Capital | 944 K | |||
| Current Asset | 1.12 M | |||
| Current Liabilities | 173 K | |||
| Z Score | -5.6 |
About Hemp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hemp Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hemp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hemp Inc 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.
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 Hemp 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, Hemp's short interest history, or implied volatility extrapolated from Hemp options trading.
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Complementary Tools for Hemp Pink Sheet analysis
When running Hemp's price analysis, check to measure Hemp's 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 Hemp is operating at the current time. Most of Hemp's value examination focuses on studying past and present price action to predict the probability of Hemp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hemp's price. Additionally, you may evaluate how the addition of Hemp to your portfolios can decrease your overall portfolio volatility.
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