Power Assets Holdings Stock Current Ratio

HGKGY Stock  USD 5.66  0.15  2.72%   
Power Assets Holdings fundamentals help investors to digest information that contributes to Power Assets' financial success or failures. It also enables traders to predict the movement of Power Pink Sheet. The fundamental analysis module provides a way to measure Power Assets' 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 Power Assets pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Power Assets Holdings Company Current Ratio Analysis

Power Assets' 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 Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Power Assets Current Ratio

    
  1.17 X  
Most of Power Assets' 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, Power Assets Holdings 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, Power Assets Holdings has a Current Ratio of 1.17 times. This is 10.0% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The current ratio for all United States stocks is 45.83% higher than that of the company.

Power Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Power Assets' 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 Power Assets could also be used in its relative valuation, which is a method of valuing Power Assets by comparing valuation metrics of similar companies.
Power Assets is currently under evaluation in current ratio category among related companies.

Power Fundamentals

About Power Assets Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Power Assets Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Power Assets using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Power Assets Holdings 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Power Assets Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Power Assets Holdings information on this page should be used as a complementary analysis to other Power Assets' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Power Pink Sheet analysis

When running Power Assets' price analysis, check to measure Power Assets' 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 Power Assets is operating at the current time. Most of Power Assets' value examination focuses on studying past and present price action to predict the probability of Power Assets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Power Assets' price. Additionally, you may evaluate how the addition of Power Assets to your portfolios can decrease your overall portfolio volatility.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Money Managers
Screen money managers from public funds and ETFs managed around the world
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Please note, there is a significant difference between Power Assets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Power Assets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Power Assets' 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.