Thunder Mountain Gold Stock Current Ratio
THMG Stock | USD 0.05 0 9.52% |
Thunder Mountain Gold fundamentals help investors to digest information that contributes to Thunder Mountain's financial success or failures. It also enables traders to predict the movement of Thunder OTC Stock. The fundamental analysis module provides a way to measure Thunder Mountain'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 Thunder Mountain otc stock.
Thunder |
Thunder Mountain Gold OTC Stock Current Ratio Analysis
Thunder Mountain'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 Thunder Mountain Current Ratio | 0.70 X |
Most of Thunder Mountain'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, Thunder Mountain Gold 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, Thunder Mountain Gold has a Current Ratio of 0.7 times. This is 81.72% lower than that of the Basic Materials sector and significantly higher than that of the Other Precious Metals & Mining industry. The current ratio for all United States stocks is 67.59% higher than that of the company.
Thunder Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thunder Mountain's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Thunder Mountain could also be used in its relative valuation, which is a method of valuing Thunder Mountain by comparing valuation metrics of similar companies.Thunder Mountain is currently under evaluation in current ratio category among its peers.
Thunder Fundamentals
Return On Equity | -1.34 | |||
Return On Asset | -0.11 | |||
Operating Margin | (1.47) % | |||
Current Valuation | 3.13 M | |||
Shares Outstanding | 60.86 M | |||
Shares Owned By Insiders | 30.87 % | |||
Shares Owned By Institutions | 0.01 % | |||
Price To Earning | 3.35 X | |||
Price To Book | 17.03 X | |||
Price To Sales | 15.60 X | |||
Revenue | 800 K | |||
Gross Profit | 300 K | |||
EBITDA | (563.31 K) | |||
Net Income | (571.8 K) | |||
Cash And Equivalents | 886.17 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 28.77 K | |||
Debt To Equity | 0.04 % | |||
Current Ratio | 0.70 X | |||
Book Value Per Share | 0 X | |||
Cash Flow From Operations | (257.82 K) | |||
Earnings Per Share | (0.02) X | |||
Beta | 0.84 | |||
Market Capitalization | 7.14 M | |||
Total Asset | 2.98 M | |||
Net Asset | 2.98 M |
About Thunder Mountain Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thunder Mountain Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thunder Mountain using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thunder Mountain Gold based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Currently Active Assets on Macroaxis
300825 | Iat Automobile Technology | |
600666 | Aurora Optoelectronics Co | |
000678 | Xiangyang Automobile Bearing | |
603818 | Qumei Furniture Group | |
002156 | TongFu Microelectronics Co |
Other Information on Investing in Thunder OTC Stock
Thunder Mountain financial ratios help investors to determine whether Thunder OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thunder with respect to the benefits of owning Thunder Mountain security.