Rocky Mountain Liquor Stock Current Ratio

RUM Stock  CAD 0.14  0.02  12.50%   
Rocky Mountain Liquor fundamentals help investors to digest information that contributes to Rocky Mountain's financial success or failures. It also enables traders to predict the movement of Rocky Stock. The fundamental analysis module provides a way to measure Rocky Mountain'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 Rocky Mountain stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Rocky Current Ratio Analysis

Rocky Mountain'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.
 2021 2022 2023 2024 (projected)
Total Current Liabilities4.8M4.1M3.7M6.0M
Total Assets26.0M23.8M27.3M24.4M

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Rocky Mountain Current Ratio

    
  1.08 X  
Most of Rocky Mountain'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, Rocky Mountain Liquor 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, Rocky Mountain Liquor has a Current Ratio of 1.08 times. This is 52.42% lower than that of the Specialty Retail sector and 39.33% lower than that of the Consumer Discretionary industry. The current ratio for all Canada stocks is 50.0% higher than that of the company.

Rocky Current Ratio Peer Comparison

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

Rocky Fundamentals

About Rocky Mountain Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Rocky Mountain Liquor's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rocky Mountain using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rocky Mountain Liquor 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.
Rocky Mountain Liquor Inc., through its subsidiary, Andersons Liquor Inc., owns and operates liquor stores in Canada. Rocky Mountain Liquor Inc. is headquartered in Edmonton, Canada. ROCKY MOUNTAIN is traded on Commodity Exchange in Exotistan.

Currently Active Assets on Macroaxis

Check out Rocky Mountain Piotroski F Score and Rocky Mountain Altman Z Score analysis.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Rocky Mountain's price analysis, check to measure Rocky Mountain's 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 Rocky Mountain is operating at the current time. Most of Rocky Mountain's value examination focuses on studying past and present price action to predict the probability of Rocky Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocky Mountain's price. Additionally, you may evaluate how the addition of Rocky Mountain to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Rocky Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rocky Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocky Mountain's 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.