Blockchain Industries Stock Current Ratio
BCII Stock | USD 0.02 0 23.08% |
Blockchain Industries fundamentals help investors to digest information that contributes to Blockchain Industries' financial success or failures. It also enables traders to predict the movement of Blockchain Pink Sheet. The fundamental analysis module provides a way to measure Blockchain Industries' 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 Blockchain Industries pink sheet.
Blockchain |
Blockchain Industries Company Current Ratio Analysis
Blockchain Industries' 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 Blockchain Industries Current Ratio | 0.71 X |
Most of Blockchain Industries' 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, Blockchain Industries 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, Blockchain Industries has a Current Ratio of 0.71 times. This is 82.47% lower than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The current ratio for all United States stocks is 67.13% higher than that of the company.
Blockchain Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blockchain Industries' 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 Blockchain Industries could also be used in its relative valuation, which is a method of valuing Blockchain Industries by comparing valuation metrics of similar companies.Blockchain Industries is currently under evaluation in current ratio category among its peers.
Blockchain Fundamentals
Profit Margin | (2.83) % | |||
Operating Margin | (3.79) % | |||
Current Valuation | 17.1 M | |||
Shares Outstanding | 42.75 M | |||
Shares Owned By Insiders | 51.49 % | |||
Price To Book | 17.28 X | |||
Price To Sales | 14.55 X | |||
Revenue | 1.58 M | |||
Gross Profit | 1.25 M | |||
EBITDA | (793.76 K) | |||
Net Income | (4.47 M) | |||
Cash And Equivalents | 1.12 M | |||
Cash Per Share | 0.03 X | |||
Current Ratio | 0.71 X | |||
Book Value Per Share | (0.01) X | |||
Cash Flow From Operations | 4.48 M | |||
Earnings Per Share | (0.12) X | |||
Beta | -1.46 | |||
Market Capitalization | 17.1 M | |||
Total Asset | 5.02 M | |||
Net Asset | 5.02 M |
About Blockchain Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blockchain Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blockchain Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blockchain Industries 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 Blockchain Pink Sheet
Blockchain Industries financial ratios help investors to determine whether Blockchain 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 Blockchain with respect to the benefits of owning Blockchain Industries security.