Dream Unlimited Corp Stock Current Ratio

DRM Stock  CAD 25.37  0.41  1.59%   
Dream Unlimited Corp fundamentals help investors to digest information that contributes to Dream Unlimited's financial success or failures. It also enables traders to predict the movement of Dream Stock. The fundamental analysis module provides a way to measure Dream Unlimited'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 Dream Unlimited stock.
Last ReportedProjected for Next Year
Current Ratio 2.56  2.43 
As of the 23rd of November 2024, Current Ratio is likely to drop to 2.43.
  
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Dream Unlimited Corp Company Current Ratio Analysis

Dream Unlimited'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 Dream Unlimited Current Ratio

    
  2.12 X  
Most of Dream Unlimited'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, Dream Unlimited Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Dream Current Ratio Driver Correlations

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

Dream Price To Sales Ratio

Price To Sales Ratio

1.99

At this time, Dream Unlimited's Price To Sales Ratio is very stable compared to the past year.
In accordance with the recently published financial statements, Dream Unlimited Corp has a Current Ratio of 2.12 times. This is 33.54% lower than that of the Real Estate Management & Development sector and significantly higher than that of the Real Estate industry. The current ratio for all Canada stocks is 1.85% higher than that of the company.

Dream Current Ratio Peer Comparison

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

Dream Unlimited Current Valuation Drivers

We derive many important indicators used in calculating different scores of Dream Unlimited from analyzing Dream Unlimited's financial statements. These drivers represent accounts that assess Dream Unlimited's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Dream Unlimited's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.2B1.0B1.7B1.1B966.4M770.5M
Enterprise Value1.6B1.6B2.9B2.7B2.7B2.9B

Dream Fundamentals

About Dream Unlimited Fundamental Analysis

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

Other Information on Investing in Dream Stock

Dream Unlimited financial ratios help investors to determine whether Dream Stock 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 Dream with respect to the benefits of owning Dream Unlimited security.