Kenadyr Mining Corp Stock Current Ratio
Kenadyr Mining Corp fundamentals help investors to digest information that contributes to Kenadyr Mining's financial success or failures. It also enables traders to predict the movement of Kenadyr Pink Sheet. The fundamental analysis module provides a way to measure Kenadyr Mining'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 Kenadyr Mining pink sheet.
Kenadyr |
Kenadyr Mining Corp Company Current Ratio Analysis
Kenadyr Mining'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 Kenadyr Mining Current Ratio | 0.02 X |
Most of Kenadyr Mining'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, Kenadyr Mining Corp 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).
CompetitionIn accordance with the recently published financial statements, Kenadyr Mining Corp has a Current Ratio of 0.02 times. This is 99.48% lower than that of the Basic Materials sector and 99.84% lower than that of the Gold industry. The current ratio for all United States stocks is 99.07% higher than that of the company.
Kenadyr Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kenadyr Mining'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 Kenadyr Mining could also be used in its relative valuation, which is a method of valuing Kenadyr Mining by comparing valuation metrics of similar companies.Kenadyr Mining is currently under evaluation in current ratio category among related companies.
Kenadyr Fundamentals
| Return On Equity | -0.16 | |||
| Return On Asset | -0.0721 | |||
| Current Valuation | 461.25 K | |||
| Shares Outstanding | 11.8 M | |||
| Shares Owned By Insiders | 2.44 % | |||
| Price To Earning | (5.47) X | |||
| Price To Book | 0.07 X | |||
| Gross Profit | (913.68 K) | |||
| EBITDA | (634.24 K) | |||
| Net Income | (648.87 K) | |||
| Cash And Equivalents | 10.99 K | |||
| Total Debt | 107.26 K | |||
| Debt To Equity | 0.04 % | |||
| Current Ratio | 0.02 X | |||
| Book Value Per Share | 0.25 X | |||
| Cash Flow From Operations | (163.14 K) | |||
| Earnings Per Share | (0.04) X | |||
| Beta | 1.62 | |||
| Market Capitalization | 397.11 K | |||
| Total Asset | 3.88 M | |||
| Z Score | 1.8 | |||
| Net Asset | 3.88 M |
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 Kenadyr Mining 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, Kenadyr Mining's short interest history, or implied volatility extrapolated from Kenadyr Mining options trading.
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Other Tools for Kenadyr Pink Sheet
When running Kenadyr Mining's price analysis, check to measure Kenadyr Mining'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 Kenadyr Mining is operating at the current time. Most of Kenadyr Mining's value examination focuses on studying past and present price action to predict the probability of Kenadyr Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kenadyr Mining's price. Additionally, you may evaluate how the addition of Kenadyr Mining to your portfolios can decrease your overall portfolio volatility.
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