Acreage Holdings Stock Current Ratio
ACRDF Stock | USD 0.14 0.01 6.67% |
Acreage Holdings fundamentals help investors to digest information that contributes to Acreage Holdings' financial success or failures. It also enables traders to predict the movement of Acreage OTC Stock. The fundamental analysis module provides a way to measure Acreage Holdings' 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 Acreage Holdings otc stock.
Acreage |
Acreage Holdings OTC Stock Current Ratio Analysis
Acreage Holdings' 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 Acreage Holdings Current Ratio | 1.50 X |
Most of Acreage Holdings' 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, Acreage Holdings 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, Acreage Holdings has a Current Ratio of 1.5 times. This is 48.45% lower than that of the Healthcare sector and significantly higher than that of the Drug Manufacturers—Specialty & Generic industry. The current ratio for all United States stocks is 30.56% higher than that of the company.
Acreage Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Acreage Holdings' 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 Acreage Holdings could also be used in its relative valuation, which is a method of valuing Acreage Holdings by comparing valuation metrics of similar companies.Acreage Holdings is currently under evaluation in current ratio category among its peers.
Acreage Fundamentals
Return On Equity | -0.48 | |||
Return On Asset | -0.0062 | |||
Profit Margin | (0.36) % | |||
Operating Margin | (0.02) % | |||
Current Valuation | 326.65 M | |||
Shares Outstanding | 34.04 M | |||
Shares Owned By Insiders | 10.81 % | |||
Price To Book | 0.80 X | |||
Price To Sales | 0.44 X | |||
Revenue | 188.86 M | |||
Gross Profit | 95.88 M | |||
EBITDA | (21.13 M) | |||
Net Income | (73.16 M) | |||
Cash And Equivalents | 32.64 M | |||
Cash Per Share | 277.53 X | |||
Total Debt | 169.15 M | |||
Debt To Equity | 1.25 % | |||
Current Ratio | 1.50 X | |||
Book Value Per Share | 1.41 X | |||
Cash Flow From Operations | (40.53 M) | |||
Earnings Per Share | (0.64) X | |||
Target Price | 2.56 | |||
Number Of Employees | 1.09 K | |||
Beta | 2.96 | |||
Market Capitalization | 75.24 M | |||
Total Asset | 491.55 M | |||
Net Asset | 491.55 M |
About Acreage Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Acreage Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Acreage Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Acreage Holdings 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.
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Other Information on Investing in Acreage OTC Stock
Acreage Holdings financial ratios help investors to determine whether Acreage 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 Acreage with respect to the benefits of owning Acreage Holdings security.