Locafy Limited Stock Current Ratio
| LCFYW Stock | USD 7.00 0.48 6.42% |
Locafy Limited fundamentals help investors to digest information that contributes to Locafy's financial success or failures. It also enables traders to predict the movement of Locafy Stock. The fundamental analysis module provides a way to measure Locafy'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 Locafy stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 0.59 | 0.72 |
Locafy | Current Ratio |
Locafy Limited Company Current Ratio Analysis
Locafy'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 Locafy Current Ratio | 0.46 X |
Most of Locafy'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, Locafy Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Locafy Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Locafy is extremely important. It helps to project a fair market value of Locafy Stock properly, considering its historical fundamentals such as Current Ratio. Since Locafy'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 Locafy'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 Locafy's interrelated accounts and indicators.
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Locafy Current Ratio Historical Pattern
Today, most investors in Locafy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Locafy's 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 Locafy current ratio as a starting point in their analysis.
Locafy Current Ratio |
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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).
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Locafy Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Locafy Limited has a Current Ratio of 0.46 times. This is 54.0% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The current ratio for all United States stocks is 78.7% higher than that of the company.
Locafy Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Locafy'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 Locafy could also be used in its relative valuation, which is a method of valuing Locafy by comparing valuation metrics of similar companies.Locafy is currently under evaluation in current ratio category among its peers.
Locafy 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, Locafy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Locafy's managers, analysts, and investors.Environmental | Governance | Social |
Locafy Fundamentals
| Return On Equity | -0.72 | ||||
| Return On Asset | -0.23 | ||||
| Profit Margin | (0.71) % | ||||
| Operating Margin | (0.70) % | ||||
| Revenue | 4.15 M | ||||
| EBITDA | (1.44 M) | ||||
| Net Income | (2.99 M) | ||||
| Cash And Equivalents | 762.74 K | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 604.18 K | ||||
| Current Ratio | 0.46 X | ||||
| Book Value Per Share | 2.45 X | ||||
| Cash Flow From Operations | (2.26 M) | ||||
| Earnings Per Share | (0.08) X | ||||
| Beta | 1.25 | ||||
| Total Asset | 6.16 M | ||||
| Retained Earnings | (48.2 M) | ||||
| Working Capital | (1.03 M) | ||||
| Net Asset | 6.16 M |
About Locafy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Locafy Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Locafy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Locafy Limited 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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When running Locafy's price analysis, check to measure Locafy'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 Locafy is operating at the current time. Most of Locafy's value examination focuses on studying past and present price action to predict the probability of Locafy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Locafy's price. Additionally, you may evaluate how the addition of Locafy to your portfolios can decrease your overall portfolio volatility.