Apptech Corp Stock Current Ratio

APCX Stock  USD 0.48  0.04  7.98%   
Apptech Corp fundamentals help investors to digest information that contributes to Apptech Corp's financial success or failures. It also enables traders to predict the movement of Apptech Stock. The fundamental analysis module provides a way to measure Apptech Corp'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 Apptech Corp stock.
Last ReportedProjected for Next Year
Current Ratio 0.37  0.35 
Current Ratio is likely to drop to 0.35 in 2024.
  
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Apptech Corp Company Current Ratio Analysis

Apptech Corp'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

Current Apptech Corp Current Ratio

    
  1.85 X  
Most of Apptech Corp'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, Apptech Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Apptech Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Apptech Corp is extremely important. It helps to project a fair market value of Apptech Stock properly, considering its historical fundamentals such as Current Ratio. Since Apptech Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Apptech Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Apptech Corp's interrelated accounts and indicators.
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Apptech Current Ratio Historical Pattern

Today, most investors in Apptech Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Apptech Corp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Apptech Corp current ratio as a starting point in their analysis.
   Apptech Corp Current Ratio   
       Timeline  
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

Apptech Discontinued Operations

Discontinued Operations

(156,975)

At this time, Apptech Corp's Discontinued Operations is fairly stable compared to the past year.
In accordance with the recently published financial statements, Apptech Corp has a Current Ratio of 1.85 times. This is 34.63% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The current ratio for all United States stocks is 14.35% higher than that of the company.

Apptech Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Apptech Corp's 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 Apptech Corp could also be used in its relative valuation, which is a method of valuing Apptech Corp by comparing valuation metrics of similar companies.
Apptech Corp is currently under evaluation in current ratio category among its peers.

Apptech Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Apptech Corp from analyzing Apptech Corp's financial statements. These drivers represent accounts that assess Apptech Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Apptech Corp's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap5.8M8.2M14.9M38.5M36.5M38.3M
Enterprise Value8.7M11.3M17.0M37.1M35.4M37.2M

Apptech Fundamentals

About Apptech Corp Fundamental Analysis

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

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