Goldmining Stock Current Ratio

0UYN Stock   1.20  0.01  0.83%   
GoldMining fundamentals help investors to digest information that contributes to GoldMining's financial success or failures. It also enables traders to predict the movement of GoldMining Stock. The fundamental analysis module provides a way to measure GoldMining'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 GoldMining stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

GoldMining Company Current Ratio Analysis

GoldMining'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 Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis
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, GoldMining has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Commercial Services & Supplies sector and about the same as Industrials (which currently averages 0.0) industry. The current ratio for all United Kingdom stocks is 100.0% higher than that of the company.

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GoldMining Fundamentals

About GoldMining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze GoldMining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GoldMining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GoldMining 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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Additional Tools for GoldMining Stock Analysis

When running GoldMining's price analysis, check to measure GoldMining'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 GoldMining is operating at the current time. Most of GoldMining's value examination focuses on studying past and present price action to predict the probability of GoldMining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoldMining's price. Additionally, you may evaluate how the addition of GoldMining to your portfolios can decrease your overall portfolio volatility.