Elementos Limited Stock Current Ratio
| ELTLF Stock | USD 0.05 0.00 0.00% |
Elementos Limited fundamentals help investors to digest information that contributes to Elementos' financial success or failures. It also enables traders to predict the movement of Elementos Stock. The fundamental analysis module provides a way to measure Elementos' 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 Elementos stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 0.79 | 0.75 |
Elementos | Current Ratio |
Elementos Limited Company Current Ratio Analysis
Elementos' 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 Elementos Current Ratio | 7.98 X |
Most of Elementos' 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, Elementos Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Elementos Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Elementos is extremely important. It helps to project a fair market value of Elementos Stock properly, considering its historical fundamentals such as Current Ratio. Since Elementos' 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 Elementos' 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 Elementos' interrelated accounts and indicators.
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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, Elementos Limited has a Current Ratio of 7.98 times. This is 108.36% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current ratio for all United States stocks is notably lower than that of the firm.
Elementos Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elementos' 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 Elementos could also be used in its relative valuation, which is a method of valuing Elementos by comparing valuation metrics of similar companies.Elementos is currently under evaluation in current ratio category among its peers.
Elementos Current Valuation Drivers
We derive many important indicators used in calculating different scores of Elementos from analyzing Elementos' financial statements. These drivers represent accounts that assess Elementos' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Elementos' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 10.0M | 54.3M | 66.3M | 29.6M | 24.2M | 13.9M | |
| Enterprise Value | 12.1M | 50.3M | 60.1M | 26.2M | 24.7M | 26.0M |
Elementos Fundamentals
| Return On Equity | -0.061 | ||||
| Return On Asset | -0.0334 | ||||
| Operating Margin | (16.65) % | ||||
| Current Valuation | 10.17 M | ||||
| Shares Outstanding | 218.22 M | ||||
| Shares Owned By Insiders | 46.49 % | ||||
| Shares Owned By Institutions | 7.97 % | ||||
| Price To Earning | (2.37) X | ||||
| Price To Book | 0.76 X | ||||
| Price To Sales | 748.18 X | ||||
| Revenue | 16.86 K | ||||
| Gross Profit | 50 K | ||||
| EBITDA | (1.14 M) | ||||
| Net Income | (2.23 M) | ||||
| Cash And Equivalents | 6.27 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 1.05 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 7.98 X | ||||
| Book Value Per Share | 0.10 X | ||||
| Cash Flow From Operations | (1.06 M) | ||||
| Number Of Employees | 11 | ||||
| Beta | 1.6 | ||||
| Market Capitalization | 12.61 M | ||||
| Total Asset | 22.96 M | ||||
| Retained Earnings | (18.7 M) | ||||
| Working Capital | 2.7 M | ||||
| Net Asset | 22.96 M |
About Elementos Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elementos Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elementos using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elementos Limited 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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When determining whether Elementos Limited is a strong investment it is important to analyze Elementos' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Elementos' future performance. For an informed investment choice regarding Elementos Stock, refer to the following important reports:Check out Elementos Piotroski F Score and Elementos Altman Z Score analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elementos. If investors know Elementos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elementos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth (0.56) | Return On Assets (0.03) | Return On Equity (0.06) |
The market value of Elementos Limited is measured differently than its book value, which is the value of Elementos that is recorded on the company's balance sheet. Investors also form their own opinion of Elementos' value that differs from its market value or its book value, called intrinsic value, which is Elementos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elementos' market value can be influenced by many factors that don't directly affect Elementos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elementos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elementos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elementos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.