Galaxy Entertainment Group Stock Current Ratio

GXYYY Stock  USD 20.88  0.20  0.97%   
Galaxy Entertainment Group fundamentals help investors to digest information that contributes to Galaxy Entertainment's financial success or failures. It also enables traders to predict the movement of Galaxy Pink Sheet. The fundamental analysis module provides a way to measure Galaxy Entertainment'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 Galaxy Entertainment pink sheet.
  
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Galaxy Entertainment Group Company Current Ratio Analysis

Galaxy Entertainment'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 Galaxy Entertainment Current Ratio

    
  1.31 X  
Most of Galaxy Entertainment'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, Galaxy Entertainment 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, Galaxy Entertainment Group has a Current Ratio of 1.31 times. This is 42.29% lower than that of the Consumer Cyclical sector and 32.82% lower than that of the Resorts & Casinos industry. The current ratio for all United States stocks is 39.35% higher than that of the company.

Galaxy Current Ratio Peer Comparison

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

Galaxy Fundamentals

About Galaxy Entertainment Fundamental Analysis

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

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