Absolute Health And Stock Current Ratio
| AHFI Stock | USD 0.0001 0.00 0.00% |
Absolute Health and fundamentals help investors to digest information that contributes to Absolute Health's financial success or failures. It also enables traders to predict the movement of Absolute Pink Sheet. The fundamental analysis module provides a way to measure Absolute Health'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 Absolute Health pink sheet.
Absolute |
Absolute Health and Company Current Ratio Analysis
Absolute Health'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.
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).
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In accordance with the recently published financial statements, Absolute Health and has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Financial Services sector and about the same as Shell Companies (which currently averages 0.0) industry. The current ratio for all United States stocks is 100.0% higher than that of the company.
Absolute Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Absolute Health'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 Absolute Health could also be used in its relative valuation, which is a method of valuing Absolute Health by comparing valuation metrics of similar companies.Absolute Health is currently under evaluation in current ratio category among its peers.
Absolute Fundamentals
| Shares Outstanding | 64.22 M | |||
| Beta | 345.39 | |||
| Market Capitalization | 147.2 K |
About Absolute Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Absolute Health and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Absolute Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Absolute Health and 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 Absolute Pink Sheet
Absolute Health financial ratios help investors to determine whether Absolute Pink Sheet 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 Absolute with respect to the benefits of owning Absolute Health security.