Karora Resources Stock Current Ratio
| KRR Stock | CAD 5.35 0.05 0.93% |
Karora Resources fundamentals help investors to digest information that contributes to Karora Resources' financial success or failures. It also enables traders to predict the movement of Karora Stock. The fundamental analysis module provides a way to measure Karora 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 Karora Resources stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.68 | 1.60 |
Karora | Current Ratio |
Karora Resources Company Current Ratio Analysis
Karora 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 Karora Resources Current Ratio | 1.96 X |
Most of Karora 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, Karora Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Karora Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Karora Resources is extremely important. It helps to project a fair market value of Karora Stock properly, considering its historical fundamentals such as Current Ratio. Since Karora Resources' 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 Karora Resources' 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 Karora Resources' interrelated accounts and indicators.
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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 |
Karora Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Karora Resources has a Current Ratio of 1.96 times. This is 48.83% lower than that of the Metals & Mining sector and 83.97% lower than that of the Materials industry. The current ratio for all Canada stocks is 9.26% higher than that of the company.
Karora Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Karora Resources' 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 Karora Resources could also be used in its relative valuation, which is a method of valuing Karora Resources by comparing valuation metrics of similar companies.Karora Resources is currently under evaluation in current ratio category among related companies.
Karora Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Karora Resources from analyzing Karora Resources' financial statements. These drivers represent accounts that assess Karora Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Karora Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 268.6M | 526.9M | 632.0M | 764.6M | 856.2M | 899.0M | |
| Enterprise Value | 266.0M | 486.1M | 582.6M | 744.5M | 836.8M | 878.6M |
Karora Fundamentals
| Return On Equity | 0.0249 | ||||
| Return On Asset | 0.0422 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | (0.09) % | ||||
| Current Valuation | 934.55 M | ||||
| Shares Outstanding | 178.59 M | ||||
| Shares Owned By Insiders | 0.99 % | ||||
| Shares Owned By Institutions | 39.54 % | ||||
| Number Of Shares Shorted | 1.78 M | ||||
| Price To Earning | 6.97 X | ||||
| Price To Book | 2.46 X | ||||
| Price To Sales | 2.17 X | ||||
| Revenue | 416.32 M | ||||
| Gross Profit | 119.79 M | ||||
| EBITDA | 113.94 M | ||||
| Net Income | 8.92 M | ||||
| Cash And Equivalents | 68.79 M | ||||
| Cash Per Share | 0.68 X | ||||
| Total Debt | 48.65 M | ||||
| Debt To Equity | 0.12 % | ||||
| Current Ratio | 1.96 X | ||||
| Book Value Per Share | 2.06 X | ||||
| Cash Flow From Operations | 132.68 M | ||||
| Short Ratio | 1.79 X | ||||
| Earnings Per Share | 0.05 X | ||||
| Target Price | 6.32 | ||||
| Beta | 2.08 | ||||
| Market Capitalization | 955.47 M | ||||
| Total Asset | 604.65 M | ||||
| Retained Earnings | (73.64 M) | ||||
| Working Capital | 53.43 M | ||||
| Net Asset | 604.65 M |
About Karora Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Karora Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Karora Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Karora Resources 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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Complementary Tools for Karora Stock analysis
When running Karora Resources' price analysis, check to measure Karora 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 Karora Resources is operating at the current time. Most of Karora Resources' value examination focuses on studying past and present price action to predict the probability of Karora Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karora Resources' price. Additionally, you may evaluate how the addition of Karora Resources to your portfolios can decrease your overall portfolio volatility.
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