Pasofino Gold Limited Stock Current Ratio
VEIN Stock | CAD 0.67 0.11 19.64% |
Pasofino Gold Limited fundamentals help investors to digest information that contributes to Pasofino Gold's financial success or failures. It also enables traders to predict the movement of Pasofino Stock. The fundamental analysis module provides a way to measure Pasofino Gold'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 Pasofino Gold stock.
Pasofino | Current Ratio |
Pasofino Gold Limited Company Current Ratio Analysis
Pasofino Gold'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 Pasofino Gold Current Ratio | 0.91 X |
Most of Pasofino Gold'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, Pasofino Gold Limited 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, Pasofino Gold Limited has a Current Ratio of 0.91 times. This is 76.24% lower than that of the Metals & Mining sector and 92.56% lower than that of the Materials industry. The current ratio for all Canada stocks is 57.87% higher than that of the company.
Pasofino Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pasofino Gold'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 Pasofino Gold could also be used in its relative valuation, which is a method of valuing Pasofino Gold by comparing valuation metrics of similar companies.Pasofino Gold is currently under evaluation in current ratio category among related companies.
Pasofino Fundamentals
Return On Equity | -3.46 | ||||
Return On Asset | -1.05 | ||||
Current Valuation | 22.22 M | ||||
Shares Outstanding | 112.23 M | ||||
Shares Owned By Insiders | 70.53 % | ||||
Number Of Shares Shorted | 7.6 K | ||||
Price To Book | 34.25 X | ||||
EBITDA | (5.65 M) | ||||
Net Income | (5.73 M) | ||||
Cash And Equivalents | 47.48 K | ||||
Cash Per Share | 0.01 X | ||||
Current Ratio | 0.91 X | ||||
Book Value Per Share | (0.02) X | ||||
Cash Flow From Operations | (5.22 M) | ||||
Short Ratio | 0.01 X | ||||
Earnings Per Share | (0.10) X | ||||
Target Price | 1.9 | ||||
Beta | 1.1 | ||||
Market Capitalization | 75.19 M | ||||
Total Asset | 2.33 M | ||||
Retained Earnings | (79.92 M) | ||||
Working Capital | 591.02 K | ||||
Net Asset | 2.33 M |
About Pasofino Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pasofino Gold Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pasofino Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pasofino Gold 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.
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 Pasofino Gold 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, Pasofino Gold's short interest history, or implied volatility extrapolated from Pasofino Gold options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Pasofino Gold Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Pasofino Stock analysis
When running Pasofino Gold's price analysis, check to measure Pasofino Gold'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 Pasofino Gold is operating at the current time. Most of Pasofino Gold's value examination focuses on studying past and present price action to predict the probability of Pasofino Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pasofino Gold's price. Additionally, you may evaluate how the addition of Pasofino Gold to your portfolios can decrease your overall portfolio volatility.
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |