Asiamet Resources Stock Current Ratio
0FK Stock | EUR 0.0005 0.00 0.00% |
Asiamet Resources fundamentals help investors to digest information that contributes to Asiamet Resources' financial success or failures. It also enables traders to predict the movement of Asiamet Stock. The fundamental analysis module provides a way to measure Asiamet Resources' 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 Asiamet Resources stock.
Asiamet |
Asiamet Resources Company Current Ratio Analysis
Asiamet Resources' 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 Asiamet Resources Current Ratio | 0.78 X |
Most of Asiamet Resources' 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, Asiamet Resources 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, Asiamet Resources has a Current Ratio of 0.78 times. This is 79.63% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The current ratio for all Germany stocks is 63.89% higher than that of the company.
Asiamet Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Asiamet Resources' 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 Asiamet Resources could also be used in its relative valuation, which is a method of valuing Asiamet Resources by comparing valuation metrics of similar companies.Asiamet Resources is currently under evaluation in current ratio category among its peers.
Asiamet Fundamentals
Return On Equity | -1.1 | |||
Return On Asset | -0.52 | |||
Current Valuation | 25.65 M | |||
Shares Outstanding | 2.19 B | |||
Shares Owned By Insiders | 35.24 % | |||
Price To Book | 2.35 X | |||
EBITDA | (6 M) | |||
Net Income | (5.88 M) | |||
Cash And Equivalents | 1.18 M | |||
Total Debt | 278 K | |||
Debt To Equity | 0.19 % | |||
Current Ratio | 0.78 X | |||
Book Value Per Share | 0 X | |||
Cash Flow From Operations | (5.35 M) | |||
Number Of Employees | 18 | |||
Beta | 2.32 | |||
Market Capitalization | 35.4 M | |||
Total Asset | 9.23 M | |||
Z Score | 76.2 | |||
Net Asset | 9.23 M |
About Asiamet Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Asiamet Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asiamet Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asiamet Resources 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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Other Information on Investing in Asiamet Stock
Asiamet Resources financial ratios help investors to determine whether Asiamet 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 Asiamet with respect to the benefits of owning Asiamet Resources security.