Laser Photonics Stock Current Ratio

LASE Stock   6.55  0.50  8.26%   
Laser Photonics fundamentals help investors to digest information that contributes to Laser Photonics' financial success or failures. It also enables traders to predict the movement of Laser Stock. The fundamental analysis module provides a way to measure Laser Photonics' 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 Laser Photonics stock.
Last ReportedProjected for Next Year
Current Ratio 6.14  5.83 
As of November 22, 2024, Current Ratio is expected to decline to 5.83.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Laser Photonics Company Current Ratio Analysis

Laser Photonics' 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 Laser Photonics Current Ratio

    
  5.83  
Most of Laser Photonics' 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, Laser Photonics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Laser Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Laser Photonics is extremely important. It helps to project a fair market value of Laser Stock properly, considering its historical fundamentals such as Current Ratio. Since Laser Photonics' 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 Laser Photonics' 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 Laser Photonics' interrelated accounts and indicators.
1.00.92-0.840.980.930.980.920.420.920.37-0.38-0.92-0.890.050.87-0.760.96-0.54
1.00.92-0.850.980.90.970.930.380.930.32-0.36-0.93-0.890.060.88-0.770.97-0.54
0.920.92-0.930.90.810.91.00.270.870.23-0.38-0.98-0.840.110.87-0.940.93-0.79
-0.84-0.85-0.93-0.77-0.67-0.82-0.93-0.19-0.87-0.150.040.960.65-0.41-0.820.85-0.850.67
0.980.980.9-0.770.910.970.90.350.90.3-0.52-0.9-0.95-0.070.84-0.750.96-0.54
0.930.90.81-0.670.910.930.830.70.810.67-0.45-0.78-0.8-0.050.71-0.680.81-0.51
0.980.970.9-0.820.970.930.910.440.970.41-0.41-0.92-0.880.160.75-0.710.9-0.48
0.920.931.0-0.930.90.830.910.310.870.26-0.38-0.98-0.840.110.86-0.940.93-0.79
0.420.380.27-0.190.350.70.440.310.291.0-0.06-0.21-0.170.020.2-0.20.2-0.17
0.920.930.87-0.870.90.810.970.870.290.26-0.26-0.93-0.810.360.7-0.660.86-0.41
0.370.320.23-0.150.30.670.410.261.00.26-0.05-0.16-0.130.050.13-0.150.14-0.13
-0.38-0.36-0.380.04-0.52-0.45-0.41-0.38-0.06-0.26-0.050.310.730.64-0.210.4-0.40.4
-0.92-0.93-0.980.96-0.9-0.78-0.92-0.98-0.21-0.93-0.160.310.83-0.23-0.850.88-0.930.69
-0.89-0.89-0.840.65-0.95-0.8-0.88-0.84-0.17-0.81-0.130.730.830.23-0.740.73-0.910.55
0.050.060.11-0.41-0.07-0.050.160.110.020.360.050.64-0.230.23-0.10.03-0.050.16
0.870.880.87-0.820.840.710.750.860.20.70.13-0.21-0.85-0.74-0.1-0.830.94-0.67
-0.76-0.77-0.940.85-0.75-0.68-0.71-0.94-0.2-0.66-0.150.40.880.730.03-0.83-0.820.95
0.960.970.93-0.850.960.810.90.930.20.860.14-0.4-0.93-0.91-0.050.94-0.82-0.62
-0.54-0.54-0.790.67-0.54-0.51-0.48-0.79-0.17-0.41-0.130.40.690.550.16-0.670.95-0.62
Click cells to compare fundamentals

Laser Current Ratio Historical Pattern

Today, most investors in Laser Photonics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Laser Photonics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Laser Photonics current ratio as a starting point in their analysis.
   Laser Photonics Current Ratio   
       Timeline  
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

Laser Price To Sales Ratio

Price To Sales Ratio

2.54

At present, Laser Photonics' Price To Sales Ratio is projected to decrease significantly based on the last few years of reporting.

Laser Current Ratio Peer Comparison

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

Laser Photonics ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Laser Photonics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Laser Photonics' managers, analysts, and investors.
Environmental
Governance
Social

Laser Fundamentals

About Laser Photonics Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Laser Photonics is a strong investment it is important to analyze Laser Photonics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Laser Photonics' future performance. For an informed investment choice regarding Laser Stock, refer to the following important reports:
Check out Laser Photonics Piotroski F Score and Laser Photonics Altman Z Score analysis.
For information on how to trade Laser Stock refer to our How to Trade Laser Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Laser Photonics. If investors know Laser will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Laser Photonics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Earnings Share
(0.38)
Revenue Per Share
0.389
Quarterly Revenue Growth
(0.35)
Return On Assets
(0.25)
The market value of Laser Photonics is measured differently than its book value, which is the value of Laser that is recorded on the company's balance sheet. Investors also form their own opinion of Laser Photonics' value that differs from its market value or its book value, called intrinsic value, which is Laser Photonics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Laser Photonics' market value can be influenced by many factors that don't directly affect Laser Photonics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Laser Photonics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Laser Photonics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laser Photonics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.