Cryptostar Corp Stock Current Ratio

CSTR Stock  CAD 0.04  0.01  16.67%   
CryptoStar Corp fundamentals help investors to digest information that contributes to CryptoStar Corp's financial success or failures. It also enables traders to predict the movement of CryptoStar Stock. The fundamental analysis module provides a way to measure CryptoStar 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 CryptoStar Corp stock.
Last ReportedProjected for Next Year
Current Ratio 1.31  1.24 
Current Ratio is likely to drop to 1.24 in 2024.
  
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CryptoStar Corp Company Current Ratio Analysis

CryptoStar 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 CryptoStar Corp Current Ratio

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

CryptoStar Current Ratio Driver Correlations

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

CryptoStar Price To Sales Ratio

Price To Sales Ratio

6.91

At this time, CryptoStar Corp's Price To Sales Ratio is fairly stable compared to the past year.
In accordance with the recently published financial statements, CryptoStar Corp has a Current Ratio of 0.81 times. This is 80.0% lower than that of the Capital Markets sector and 76.04% lower than that of the Financials industry. The current ratio for all Canada stocks is 62.5% higher than that of the company.

CryptoStar Current Ratio Peer Comparison

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

CryptoStar Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of CryptoStar Corp from analyzing CryptoStar Corp's financial statements. These drivers represent accounts that assess CryptoStar Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of CryptoStar Corp's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap7.2M20.1M37.1M6.3M14.6M24.8M
Enterprise Value12.5M25.5M34.1M6.9M15.9M26.9M

CryptoStar Fundamentals

About CryptoStar Corp Fundamental Analysis

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for CryptoStar Stock Analysis

When running CryptoStar Corp's price analysis, check to measure CryptoStar 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 CryptoStar Corp is operating at the current time. Most of CryptoStar Corp's value examination focuses on studying past and present price action to predict the probability of CryptoStar 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 CryptoStar Corp's price. Additionally, you may evaluate how the addition of CryptoStar Corp to your portfolios can decrease your overall portfolio volatility.