First Eagle Alternative Stock Current Ratio

FCRX Stock  USD 24.60  0.38  1.57%   
First Eagle Alternative fundamentals help investors to digest information that contributes to First Eagle's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Eagle'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 First Eagle stock.
Last ReportedProjected for Next Year
Current Ratio 1.11  1.06 
Current Ratio is likely to drop to 1.06 in 2024.
  
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First Eagle Alternative Company Current Ratio Analysis

First Eagle'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 First Eagle Current Ratio

    
  3.82 X  
Most of First Eagle'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, First Eagle Alternative is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

First Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for First Eagle is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Current Ratio. Since First Eagle'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 First Eagle'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 First Eagle's interrelated accounts and indicators.
1.0-0.590.08-0.340.2-0.09-0.26-0.360.370.24-0.09-0.240.340.170.17-0.25
1.0-0.650.11-0.340.2-0.09-0.27-0.360.370.24-0.09-0.250.340.170.17-0.25
-0.59-0.65-0.310.23-0.140.060.180.24-0.25-0.170.060.17-0.24-0.12-0.120.17
0.080.11-0.31-0.390.3-0.45-0.35-0.410.490.33-0.13-0.360.50.250.25-0.37
-0.34-0.340.23-0.39-0.840.670.890.92-0.91-0.870.60.49-0.94-0.7-0.70.93
0.20.2-0.140.3-0.84-0.76-0.65-0.640.610.94-0.850.00.670.80.55-0.84
-0.09-0.090.06-0.450.67-0.760.640.52-0.55-0.810.390.02-0.57-0.93-0.350.63
-0.26-0.270.18-0.350.89-0.650.640.82-0.76-0.70.410.46-0.84-0.71-0.850.88
-0.36-0.360.24-0.410.92-0.640.520.82-0.97-0.650.350.7-0.97-0.55-0.620.88
0.370.37-0.250.49-0.910.61-0.55-0.76-0.970.68-0.3-0.710.980.530.53-0.79
0.240.24-0.170.33-0.870.94-0.81-0.7-0.650.68-0.73-0.130.720.810.52-0.76
-0.09-0.090.06-0.130.6-0.850.390.410.35-0.3-0.73-0.17-0.4-0.43-0.580.66
-0.24-0.250.17-0.360.490.00.020.460.7-0.71-0.13-0.17-0.690.07-0.290.39
0.340.34-0.240.5-0.940.67-0.57-0.84-0.970.980.72-0.4-0.690.560.67-0.86
0.170.17-0.120.25-0.70.8-0.93-0.71-0.550.530.81-0.430.070.560.43-0.7
0.170.17-0.120.25-0.70.55-0.35-0.85-0.620.530.52-0.58-0.290.670.43-0.79
-0.25-0.250.17-0.370.93-0.840.630.880.88-0.79-0.760.660.39-0.86-0.7-0.79
Click cells to compare fundamentals

First Current Ratio Historical Pattern

Today, most investors in First Eagle Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Eagle's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of First Eagle current ratio as a starting point in their analysis.
   First Eagle Current Ratio   
       Timeline  
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

First Price To Sales Ratio

Price To Sales Ratio

4.34

At this time, First Eagle's Price To Sales Ratio is fairly stable compared to the past year.
In accordance with the recently published financial statements, First Eagle Alternative has a Current Ratio of 3.82 times. This is much higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The current ratio for all United States stocks is notably lower than that of the firm.

First Current Ratio Peer Comparison

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

First Eagle ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Eagle's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Eagle's managers, analysts, and investors.
Environmental
Governance
Social

First Fundamentals

About First Eagle Fundamental Analysis

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

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