Mimis Rock Corp Stock Current Ratio
Fundamental analysis of Mimis Rock allows traders to better anticipate movements in Mimis Rock's stock price by examining its financial health and performance throughout various phases of its business cycle.
Mimis |
Mimis Rock Corp Company Current Ratio Analysis
Mimis Rock'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 Mimis Rock Current Ratio | 0.25 X |
Most of Mimis Rock'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, Mimis Rock 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, Mimis Rock Corp has a Current Ratio of 0.25 times. This is much higher than that of the sector and significantly higher than that of the Current Ratio industry. The current ratio for all United States stocks is notably lower than that of the firm.
Mimis Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mimis Rock'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 Mimis Rock could also be used in its relative valuation, which is a method of valuing Mimis Rock by comparing valuation metrics of similar companies.Mimis Rock is currently under evaluation in current ratio category among its peers.
Mimis Fundamentals
| Return On Equity | -0.24 | |||
| Return On Asset | 0.0319 | |||
| Profit Margin | (0.12) % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 33.9 M | |||
| Shares Owned By Insiders | 28.67 % | |||
| Price To Earning | 7.62 X | |||
| Revenue | 38.35 M | |||
| Gross Profit | 25.99 M | |||
| EBITDA | 2.24 M | |||
| Net Income | (5.02 M) | |||
| Cash And Equivalents | 169.19 K | |||
| Total Debt | 15.88 M | |||
| Debt To Equity | 0.97 % | |||
| Current Ratio | 0.25 X | |||
| Book Value Per Share | 0.35 X | |||
| Cash Flow From Operations | (126.55 K) | |||
| Earnings Per Share | 0.01 X | |||
| Beta | 0.29 |
Currently Active Assets on Macroaxis
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in Mimis Pink Sheet
If you are still planning to invest in Mimis Rock Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mimis Rock's history and understand the potential risks before investing.
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