Leveljump Healthcare Corp Stock Current Ratio
JUMP Stock | CAD 0.05 0.00 0.00% |
Leveljump Healthcare Corp fundamentals help investors to digest information that contributes to Leveljump Healthcare's financial success or failures. It also enables traders to predict the movement of Leveljump Stock. The fundamental analysis module provides a way to measure Leveljump Healthcare'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 Leveljump Healthcare stock.
Leveljump | Current Ratio |
Leveljump Healthcare Corp Company Current Ratio Analysis
Leveljump Healthcare'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 Leveljump Healthcare Current Ratio | 2.17 X |
Most of Leveljump Healthcare'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, Leveljump Healthcare Corp 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, Leveljump Healthcare Corp has a Current Ratio of 2.17 times. This is 25.43% lower than that of the Biotechnology sector and 51.35% lower than that of the Health Care industry. This indicator is about the same for all Canada stocks average (which is currently at 2.16).
Leveljump Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Leveljump Healthcare'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 Leveljump Healthcare could also be used in its relative valuation, which is a method of valuing Leveljump Healthcare by comparing valuation metrics of similar companies.Leveljump Healthcare is currently under evaluation in current ratio category among its peers.
Leveljump Fundamentals
Return On Equity | -0.2 | ||||
Return On Asset | -0.0309 | ||||
Profit Margin | (0.09) % | ||||
Operating Margin | (0.07) % | ||||
Current Valuation | 9.06 M | ||||
Shares Outstanding | 96.48 M | ||||
Shares Owned By Insiders | 26.58 % | ||||
Number Of Shares Shorted | 1.42 K | ||||
Price To Book | 0.79 X | ||||
Price To Sales | 0.41 X | ||||
Revenue | 12.58 M | ||||
Gross Profit | 1.35 M | ||||
EBITDA | (494.56 K) | ||||
Net Income | (2.21 M) | ||||
Cash And Equivalents | 1.5 M | ||||
Cash Per Share | 0.03 X | ||||
Total Debt | 923.12 K | ||||
Debt To Equity | 0.04 % | ||||
Current Ratio | 2.17 X | ||||
Book Value Per Share | 0.06 X | ||||
Cash Flow From Operations | 662.32 K | ||||
Short Ratio | 0.60 X | ||||
Earnings Per Share | (0.01) X | ||||
Number Of Employees | 27 | ||||
Beta | 2.35 | ||||
Market Capitalization | 4.82 M | ||||
Total Asset | 19.54 M | ||||
Retained Earnings | (16.69 M) | ||||
Working Capital | (1.94 M) | ||||
Net Asset | 19.54 M |
About Leveljump Healthcare Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Leveljump Healthcare Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Leveljump Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Leveljump Healthcare Corp 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 Leveljump Stock Analysis
When running Leveljump Healthcare's price analysis, check to measure Leveljump Healthcare'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 Leveljump Healthcare is operating at the current time. Most of Leveljump Healthcare's value examination focuses on studying past and present price action to predict the probability of Leveljump Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leveljump Healthcare's price. Additionally, you may evaluate how the addition of Leveljump Healthcare to your portfolios can decrease your overall portfolio volatility.