Vision Marine Technologies Stock Current Ratio
| VMAR Stock | USD 0.61 0.04 6.15% |
Vision Marine Technologies fundamentals help investors to digest information that contributes to Vision Marine's financial success or failures. It also enables traders to predict the movement of Vision Stock. The fundamental analysis module provides a way to measure Vision Marine'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 Vision Marine stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.57 | 2.23 |
Vision | Current Ratio |
Vision Marine Technologies Company Current Ratio Analysis
Vision Marine'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 Vision Marine Current Ratio | 4.80 X |
Most of Vision Marine'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, Vision Marine Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Vision Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Vision Marine is extremely important. It helps to project a fair market value of Vision Stock properly, considering its historical fundamentals such as Current Ratio. Since Vision Marine's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Vision Marine's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Vision Marine's interrelated accounts and indicators.
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Vision Current Ratio Historical Pattern
Today, most investors in Vision Marine Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Vision Marine's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Vision Marine current ratio as a starting point in their analysis.
Vision Marine Current Ratio |
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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 |
Vision Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Vision Marine Technologies has a Current Ratio of 4.8 times. This is 111.45% higher than that of the Leisure Products sector and 137.62% higher than that of the Consumer Discretionary industry. The current ratio for all United States stocks is 122.22% lower than that of the firm.
Vision Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vision Marine'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 Vision Marine could also be used in its relative valuation, which is a method of valuing Vision Marine by comparing valuation metrics of similar companies.Vision Marine is currently under evaluation in current ratio category among related companies.
Vision Marine Current Valuation Drivers
We derive many important indicators used in calculating different scores of Vision Marine from analyzing Vision Marine's financial statements. These drivers represent accounts that assess Vision Marine's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Vision Marine's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 139.6M | 60.0M | 70.4M | 46.9M | 53.9M | 51.2M | |
| Enterprise Value | 139.5M | 44.9M | 67.2M | 46.6M | 53.6M | 50.9M |
Vision Fundamentals
| Return On Equity | -1.5 | ||||
| Return On Asset | -0.47 | ||||
| Profit Margin | (2.88) % | ||||
| Operating Margin | (4.49) % | ||||
| Current Valuation | 9.6 M | ||||
| Shares Outstanding | 12.16 M | ||||
| Shares Owned By Insiders | 39.95 % | ||||
| Shares Owned By Institutions | 5.56 % | ||||
| Number Of Shares Shorted | 274.72 K | ||||
| Price To Book | 0.73 X | ||||
| Price To Sales | 1.44 X | ||||
| Revenue | 5.65 M | ||||
| Gross Profit | 3.29 M | ||||
| EBITDA | (19.67 M) | ||||
| Net Income | (20.88 M) | ||||
| Cash And Equivalents | 7.86 M | ||||
| Cash Per Share | 0.93 X | ||||
| Total Debt | 3.1 M | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 4.80 X | ||||
| Book Value Per Share | 0.53 X | ||||
| Cash Flow From Operations | (14.01 M) | ||||
| Short Ratio | 4.49 X | ||||
| Earnings Per Share | (0.96) X | ||||
| Target Price | 2.51 | ||||
| Beta | -0.003 | ||||
| Market Capitalization | 7.84 M | ||||
| Total Asset | 24.05 M | ||||
| Retained Earnings | (51.55 M) | ||||
| Working Capital | 3.64 M | ||||
| Net Asset | 24.05 M |
About Vision Marine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vision Marine Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vision Marine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vision Marine Technologies 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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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.When determining whether Vision Marine Techno is a strong investment it is important to analyze Vision Marine's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vision Marine's future performance. For an informed investment choice regarding Vision Stock, refer to the following important reports:Check out Vision Marine Piotroski F Score and Vision Marine Altman Z Score analysis. Note that the Vision Marine Techno information on this page should be used as a complementary analysis to other Vision Marine's 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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When running Vision Marine's price analysis, check to measure Vision Marine'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 Vision Marine is operating at the current time. Most of Vision Marine's value examination focuses on studying past and present price action to predict the probability of Vision Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vision Marine's price. Additionally, you may evaluate how the addition of Vision Marine to your portfolios can decrease your overall portfolio volatility.
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Is Vision Marine's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vision Marine. If investors know Vision will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vision Marine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.96) | Revenue Per Share 0.476 | Quarterly Revenue Growth (0.12) | Return On Assets (0.47) | Return On Equity (1.50) |
The market value of Vision Marine Techno is measured differently than its book value, which is the value of Vision that is recorded on the company's balance sheet. Investors also form their own opinion of Vision Marine's value that differs from its market value or its book value, called intrinsic value, which is Vision Marine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vision Marine's market value can be influenced by many factors that don't directly affect Vision Marine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vision Marine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vision Marine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vision Marine'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.