Ev Technology Group Stock Current Ratio
| EVTGF Stock | USD 0 0.00 0.00% |
EV Technology Group fundamentals help investors to digest information that contributes to EV Technology's financial success or failures. It also enables traders to predict the movement of EVTGF Pink Sheet. The fundamental analysis module provides a way to measure EV Technology'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 EV Technology pink sheet.
EVTGF |
EV Technology Group Company Current Ratio Analysis
EV Technology'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 EV Technology Current Ratio | 66.99 X |
Most of EV Technology'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, EV Technology Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, EV Technology Group has a Current Ratio of 66 times. This is much higher than that of the Consumer Cyclical sector and notably higher than that of the Auto Manufacturers industry. The current ratio for all United States stocks is notably lower than that of the firm.
EVTGF Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EV Technology's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of EV Technology could also be used in its relative valuation, which is a method of valuing EV Technology by comparing valuation metrics of similar companies.EV Technology is currently under evaluation in current ratio category among its peers.
EVTGF Fundamentals
| Current Valuation | 16.67 M | |||
| Shares Outstanding | 108.25 M | |||
| Shares Owned By Insiders | 22.23 % | |||
| Net Income | (642.84 K) | |||
| Cash And Equivalents | 2.41 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 58.53 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 66.99 X | |||
| Book Value Per Share | 0.12 X | |||
| Cash Flow From Operations | (1.29 M) | |||
| Market Capitalization | 13.31 M |
About EV Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EV Technology Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EV Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EV Technology Group 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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Other Information on Investing in EVTGF Pink Sheet
EV Technology financial ratios help investors to determine whether EVTGF Pink Sheet 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 EVTGF with respect to the benefits of owning EV Technology security.