Ultralife Stock Current Ratio
Ultralife fundamentals help investors to digest information that contributes to Ultralife's financial success or failures. It also enables traders to predict the movement of Ultralife Stock. The fundamental analysis module provides a way to measure Ultralife'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 Ultralife stock.
Ultralife |
Ultralife Company Current Ratio Analysis
Ultralife'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 Ultralife Current Ratio | 3.24 X |
Most of Ultralife'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, Ultralife 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, Ultralife has a Current Ratio of 3.24 times. This is 57.28% higher than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The current ratio for all United States stocks is 50.0% lower than that of the firm.
Ultralife Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ultralife'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 Ultralife could also be used in its relative valuation, which is a method of valuing Ultralife by comparing valuation metrics of similar companies.Ultralife is currently under evaluation in current ratio category among related companies.
Ultralife Fundamentals
| Return On Equity | 0.0848 | ||||
| Return On Asset | 0.048 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 215.38 M | ||||
| Shares Outstanding | 16.47 M | ||||
| Shares Owned By Insiders | 1.82 % | ||||
| Shares Owned By Institutions | 69.58 % | ||||
| Number Of Shares Shorted | 65.42 K | ||||
| Price To Earning | 13.93 X | ||||
| Price To Book | 1.17 X | ||||
| Price To Sales | 0.93 X | ||||
| Revenue | 158.64 M | ||||
| Gross Profit | 29.4 M | ||||
| EBITDA | 13.39 M | ||||
| Net Income | 7.2 M | ||||
| Cash And Equivalents | 5.11 M | ||||
| Cash Per Share | 0.32 X | ||||
| Total Debt | 29.16 M | ||||
| Debt To Equity | 0.20 % | ||||
| Current Ratio | 3.24 X | ||||
| Book Value Per Share | 7.83 X | ||||
| Cash Flow From Operations | 1.93 M | ||||
| Short Ratio | 1.07 X | ||||
| Earnings Per Share | 0.64 X | ||||
| Target Price | 12.0 | ||||
| Number Of Employees | 536 | ||||
| Beta | 1.25 | ||||
| Market Capitalization | 197.11 M | ||||
| Total Asset | 178.28 M | ||||
| Retained Earnings | (40.75 M) | ||||
| Working Capital | 66.47 M | ||||
| Current Asset | 51.95 M | ||||
| Current Liabilities | 10.85 M | ||||
| Net Asset | 178.28 M |
About Ultralife Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ultralife's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ultralife using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ultralife 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.
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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. Note that the Ultralife information on this page should be used as a complementary analysis to other Ultralife'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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Other Tools for Ultralife Stock
When running Ultralife's price analysis, check to measure Ultralife'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 Ultralife is operating at the current time. Most of Ultralife's value examination focuses on studying past and present price action to predict the probability of Ultralife's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultralife's price. Additionally, you may evaluate how the addition of Ultralife to your portfolios can decrease your overall portfolio volatility.
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