Purple Fundamentals

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PURPLE -- India Stock  

INR 20.05  0.00  0.00%

Purple Entertainment fundamental analysis lookup allows you to check this and other indicators for Purple Entertainment Limited or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please continue to Equity Screeners to view more equity screening tools

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Purple Current Ratio Analysis

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 Purple Entertainment Limited Current Ratio

16.13 X

About Current Ratio

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).
Compare to competition
In accordance with recently published financial statements Purple Entertainment Limited has Current Ratio of 16.13 times. This is 1513.0% higher than that of the Communication Services sector, and significantly higher than that of Entertainment industry, The Current Ratio for all stocks is 646.76% lower than the firm.

Purple Entertainment Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Purple Entertainment's current stock value. Our valuation model uses many indicators to compare Purple Entertainment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Purple Entertainment competition to find correlations between indicators driving Purple Entertainment's intrinsic value. More Info.
Purple Entertainment Limited is considered to be number one stock in price to earning category among related companies. It is considered to be number one stock in ebitda category among related companies .

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Purple Fundamentals

About Purple Entertainment Fundamental Analysis

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