Petrone Worldwide Stock Current Ratio

PFWIQDelisted Stock  USD 0.0001  0.00  0.00%   
Petrone Worldwide fundamentals help investors to digest information that contributes to Petrone Worldwide's financial success or failures. It also enables traders to predict the movement of Petrone Pink Sheet. The fundamental analysis module provides a way to measure Petrone Worldwide'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 Petrone Worldwide 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.

Petrone Worldwide Company Current Ratio Analysis

Petrone Worldwide'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 Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Petrone Worldwide Current Ratio

    
  0.31 X  
Most of Petrone Worldwide'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, Petrone Worldwide 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, Petrone Worldwide has a Current Ratio of 0.31 times. This is 86.34% lower than that of the Consumer Cyclical sector and significantly higher than that of the Furnishings, Fixtures & Appliances industry. The current ratio for all United States stocks is 85.65% higher than that of the company.

Petrone Current Ratio Peer Comparison

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

Petrone Fundamentals

About Petrone Worldwide Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Petrone Worldwide's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Petrone Worldwide using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Petrone Worldwide 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 Petrone Worldwide 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, Petrone Worldwide's short interest history, or implied volatility extrapolated from Petrone Worldwide options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Petrone Worldwide using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Other Consideration for investing in Petrone Pink Sheet

If you are still planning to invest in Petrone Worldwide check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Petrone Worldwide's history and understand the potential risks before investing.
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