Biodexa Pharmaceticals Stock Current Ratio

BDRX Stock   4.98  0.41  8.97%   
Biodexa Pharmaceticals fundamentals help investors to digest information that contributes to Biodexa Pharmaceticals' financial success or failures. It also enables traders to predict the movement of Biodexa Stock. The fundamental analysis module provides a way to measure Biodexa Pharmaceticals' 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 Biodexa Pharmaceticals stock.
Last ReportedProjected for Next Year
Current Ratio 1.26  1.20 
Current Ratio is likely to drop to 1.20 in 2024.
  
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Biodexa Pharmaceticals Company Current Ratio Analysis

Biodexa Pharmaceticals' 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 Biodexa Pharmaceticals Current Ratio

    
  1.2  
Most of Biodexa Pharmaceticals' 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, Biodexa Pharmaceticals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Biodexa Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Biodexa Pharmaceticals is extremely important. It helps to project a fair market value of Biodexa Stock properly, considering its historical fundamentals such as Current Ratio. Since Biodexa Pharmaceticals' 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 Biodexa Pharmaceticals' 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 Biodexa Pharmaceticals' interrelated accounts and indicators.
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Biodexa Current Ratio Historical Pattern

Today, most investors in Biodexa Pharmaceticals Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Biodexa Pharmaceticals' 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 Biodexa Pharmaceticals current ratio as a starting point in their analysis.
   Biodexa Pharmaceticals 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

Biodexa Current Ratio Peer Comparison

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

Biodexa Fundamentals

About Biodexa Pharmaceticals Fundamental Analysis

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

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