Alpha Esports Tech Stock Current Ratio
APETF Stock | USD 0.01 0.0002 2.27% |
Alpha Esports Tech fundamentals help investors to digest information that contributes to Alpha Esports' financial success or failures. It also enables traders to predict the movement of Alpha Pink Sheet. The fundamental analysis module provides a way to measure Alpha Esports' 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 Alpha Esports pink sheet.
Alpha |
Alpha Esports Tech Company Current Ratio Analysis
Alpha Esports' 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).
Competition |
In accordance with the recently published financial statements, Alpha Esports Tech has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Communication Services sector and about the same as Electronic Gaming & Multimedia (which currently averages 0.0) industry. The current ratio for all United States stocks is 100.0% higher than that of the company.
Alpha Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alpha Esports' 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 Alpha Esports could also be used in its relative valuation, which is a method of valuing Alpha Esports by comparing valuation metrics of similar companies.Alpha Esports is currently under evaluation in current ratio category among its peers.
Alpha Fundamentals
Current Valuation | 2.85 M | |||
Shares Outstanding | 90.82 M | |||
Price To Book | 1.97 X | |||
Price To Sales | 11.78 X | |||
Revenue | 209.73 K | |||
EBITDA | (6.05 M) | |||
Net Income | (8.83 M) | |||
Total Debt | 60 K | |||
Cash Flow From Operations | (2.12 M) | |||
Market Capitalization | 8.61 M | |||
Total Asset | 3.88 M | |||
Z Score | 82.5 | |||
Net Asset | 3.88 M |
About Alpha Esports Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alpha Esports Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alpha Esports using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alpha Esports Tech 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 Alpha Pink Sheet
Alpha Esports financial ratios help investors to determine whether Alpha 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 Alpha with respect to the benefits of owning Alpha Esports security.