Gr Silver Mining Stock Current Ratio

GRSL Stock  CAD 0.20  0.01  5.26%   
GR Silver Mining fundamentals help investors to digest information that contributes to GR Silver's financial success or failures. It also enables traders to predict the movement of GRSL Stock. The fundamental analysis module provides a way to measure GR Silver'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 GR Silver stock.
Last ReportedProjected for Next Year
Current Ratio 0.01  0.01 
Current Ratio is likely to drop to 0.01 in 2024.
  
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GR Silver Mining Company Current Ratio Analysis

GR Silver'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 GR Silver Current Ratio

    
  0.20 X  
Most of GR Silver'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, GR Silver Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

GRSL Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for GR Silver is extremely important. It helps to project a fair market value of GRSL Stock properly, considering its historical fundamentals such as Current Ratio. Since GR Silver'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 GR Silver'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 GR Silver's interrelated accounts and indicators.
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, GR Silver Mining has a Current Ratio of 0.2 times. This is 94.78% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current ratio for all Canada stocks is 90.74% higher than that of the company.

GRSL Current Ratio Peer Comparison

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

GR Silver Current Valuation Drivers

We derive many important indicators used in calculating different scores of GR Silver from analyzing GR Silver's financial statements. These drivers represent accounts that assess GR Silver's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of GR Silver's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap10.4M80.2M42.5M22.5M21.3M21.2M
Enterprise Value8.4M75.3M39.4M21.6M21.2M19.8M

GRSL Fundamentals

About GR Silver Fundamental Analysis

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

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