Green Minerals As Stock Current Ratio
GEM Stock | NOK 6.06 0.40 6.19% |
Green Minerals AS fundamentals help investors to digest information that contributes to Green Minerals' financial success or failures. It also enables traders to predict the movement of Green Stock. The fundamental analysis module provides a way to measure Green Minerals' 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 Green Minerals stock.
Green |
Green Minerals AS Company Current Ratio Analysis
Green Minerals' 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.
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, Green Minerals AS has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Basic Materials sector and about the same as Other Industrial Metals & Mining (which currently averages 0.0) industry. The current ratio for all Norway stocks is 100.0% higher than that of the company.
Green Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Green Minerals' 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 Green Minerals could also be used in its relative valuation, which is a method of valuing Green Minerals by comparing valuation metrics of similar companies.Green Minerals is currently under evaluation in current ratio category among its peers.
Green Fundamentals
Return On Equity | -0.44 | |||
Return On Asset | -0.27 | |||
Current Valuation | 101.12 M | |||
Shares Outstanding | 14.05 M | |||
Shares Owned By Insiders | 78.44 % | |||
Shares Owned By Institutions | 5.32 % | |||
Price To Book | 5.43 X | |||
EBITDA | (10.64 M) | |||
Net Income | (10.65 M) | |||
Cash And Equivalents | 19.07 M | |||
Book Value Per Share | 1.63 X | |||
Earnings Per Share | (1.02) X | |||
Market Capitalization | 57.59 M | |||
Total Asset | 19.2 M | |||
Net Asset | 19.2 M |
About Green Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Green Minerals AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Green Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Green Minerals AS 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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Green Minerals financial ratios help investors to determine whether Green 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 Green with respect to the benefits of owning Green Minerals security.