Datametrex Ai Stock Current Ratio

DM Stock  CAD 0.01  0.01  100.00%   
Datametrex AI fundamentals help investors to digest information that contributes to Datametrex's financial success or failures. It also enables traders to predict the movement of Datametrex Stock. The fundamental analysis module provides a way to measure Datametrex'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 Datametrex stock.
Last ReportedProjected for Next Year
Current Ratio 0.49  0.47 
Current Ratio is likely to drop to 0.47 in 2024.
  
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Datametrex AI Company Current Ratio Analysis

Datametrex'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 Datametrex Current Ratio

    
  0.27 X  
Most of Datametrex'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, Datametrex AI is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Datametrex Current Ratio Driver Correlations

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

Datametrex Price To Sales Ratio

Price To Sales Ratio

0.73

At this time, Datametrex's Price To Sales Ratio is fairly stable compared to the past year.
In accordance with the recently published financial statements, Datametrex AI has a Current Ratio of 0.27 times. This is 90.46% lower than that of the IT Services sector and 86.15% lower than that of the Information Technology industry. The current ratio for all Canada stocks is 87.5% higher than that of the company.

Datametrex Current Ratio Peer Comparison

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

Datametrex Current Valuation Drivers

We derive many important indicators used in calculating different scores of Datametrex from analyzing Datametrex's financial statements. These drivers represent accounts that assess Datametrex's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Datametrex's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap4.5M35.6M50.1M29.0M6.0M5.7M
Enterprise Value4.8M34.1M34.9M24.6M10.8M11.7M

Datametrex Fundamentals

About Datametrex Fundamental Analysis

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

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