Fintech Select Stock Current Ratio
| FTEC Stock | CAD 0.04 0.01 33.33% |
Fintech Select fundamentals help investors to digest information that contributes to Fintech Select's financial success or failures. It also enables traders to predict the movement of Fintech Stock. The fundamental analysis module provides a way to measure Fintech Select'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 Fintech Select stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 0.35 | 0.57 |
Fintech | Current Ratio |
Fintech Select Company Current Ratio Analysis
Fintech Select'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 Fintech Select Current Ratio | 0.09 X |
Most of Fintech Select'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, Fintech Select is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Fintech Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Fintech Select is extremely important. It helps to project a fair market value of Fintech Stock properly, considering its historical fundamentals such as Current Ratio. Since Fintech Select'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 Fintech Select'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 Fintech Select's 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 |
Fintech Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Fintech Select has a Current Ratio of 0.09 times. This is 96.82% lower than that of the Software sector and 96.6% lower than that of the Information Technology industry. The current ratio for all Canada stocks is 95.83% higher than that of the company.
Fintech Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fintech Select'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 Fintech Select could also be used in its relative valuation, which is a method of valuing Fintech Select by comparing valuation metrics of similar companies.Fintech Select is currently under evaluation in current ratio category among its peers.
Fintech Select Current Valuation Drivers
We derive many important indicators used in calculating different scores of Fintech Select from analyzing Fintech Select's financial statements. These drivers represent accounts that assess Fintech Select's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Fintech Select's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.4M | 6.4M | 2.9M | 1.6M | 3.2M | 3.0M | |
| Enterprise Value | 1.9M | 6.8M | 3.1M | 2.1M | 3.3M | 3.1M |
Fintech Fundamentals
| Return On Asset | 0.21 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 2.89 M | ||||
| Shares Outstanding | 80.05 M | ||||
| Shares Owned By Insiders | 16.08 % | ||||
| Number Of Shares Shorted | 727 | ||||
| Price To Earning | 3.33 X | ||||
| Price To Book | 78.16 X | ||||
| Price To Sales | 0.80 X | ||||
| Revenue | 3.82 M | ||||
| Gross Profit | 2.53 M | ||||
| EBITDA | 337.92 K | ||||
| Net Income | 329.21 K | ||||
| Cash And Equivalents | 28.58 K | ||||
| Total Debt | 89.16 K | ||||
| Current Ratio | 0.09 X | ||||
| Cash Flow From Operations | 434.91 K | ||||
| Short Ratio | 0.14 X | ||||
| Earnings Per Share | 0.01 X | ||||
| Beta | 1.29 | ||||
| Market Capitalization | 3.2 M | ||||
| Total Asset | 555.25 K | ||||
| Retained Earnings | (26.34 M) | ||||
| Working Capital | (872.34 K) | ||||
| Net Asset | 555.25 K |
About Fintech Select Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fintech Select's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fintech Select using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fintech Select 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 Fintech Stock Analysis
When running Fintech Select's price analysis, check to measure Fintech Select'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 Fintech Select is operating at the current time. Most of Fintech Select's value examination focuses on studying past and present price action to predict the probability of Fintech Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fintech Select's price. Additionally, you may evaluate how the addition of Fintech Select to your portfolios can decrease your overall portfolio volatility.