Medican Enterprises Stock Current Ratio
Medican Enterprises fundamentals help investors to digest information that contributes to Medican Enterprises' financial success or failures. It also enables traders to predict the movement of Medican Pink Sheet. The fundamental analysis module provides a way to measure Medican Enterprises' 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 Medican Enterprises pink sheet.
Medican |
Medican Enterprises Company Current Ratio Analysis
Medican Enterprises' 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 Medican Enterprises Current Ratio | 0.01 X |
Most of Medican Enterprises' 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, Medican Enterprises 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, Medican Enterprises has a Current Ratio of 0.01 times. This is 99.69% lower than that of the Pharmaceuticals sector and 99.75% lower than that of the Health Care industry. The current ratio for all United States stocks is 99.54% higher than that of the company.
Medican Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Medican Enterprises' 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 Medican Enterprises could also be used in its relative valuation, which is a method of valuing Medican Enterprises by comparing valuation metrics of similar companies.Medican Enterprises is currently under evaluation in current ratio category among related companies.
Medican Fundamentals
| Return On Asset | -68.18 | |||
| Current Valuation | 7.77 M | |||
| Shares Outstanding | 134.8 M | |||
| Shares Owned By Institutions | 0.52 % | |||
| Price To Sales | 2.72 X | |||
| Net Income | (56.52 M) | |||
| Cash And Equivalents | 9.4 K | |||
| Current Ratio | 0.01 X | |||
| Book Value Per Share | (2.42) X | |||
| Cash Flow From Operations | (2.98 M) | |||
| Earnings Per Share | (17.92) X | |||
| Beta | 104.43 | |||
| Market Capitalization | 13.48 K | |||
| Total Asset | 112.62 K | |||
| Retained Earnings | (166.24 M) | |||
| Working Capital | (9.66 M) | |||
| Current Asset | 74 K | |||
| Current Liabilities | 9.74 M | |||
| Net Asset | 112.62 K |
About Medican Enterprises Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Medican Enterprises's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Medican Enterprises using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Medican Enterprises 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 Medican Enterprises 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, Medican Enterprises' short interest history, or implied volatility extrapolated from Medican Enterprises options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medican Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Medican Enterprises information on this page should be used as a complementary analysis to other Medican Enterprises' 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Medican Pink Sheet analysis
When running Medican Enterprises' price analysis, check to measure Medican Enterprises' 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 Medican Enterprises is operating at the current time. Most of Medican Enterprises' value examination focuses on studying past and present price action to predict the probability of Medican Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medican Enterprises' price. Additionally, you may evaluate how the addition of Medican Enterprises to your portfolios can decrease your overall portfolio volatility.
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