Micronet Stock Current Ratio
| MCRNL Stock | 163.00 9.00 5.23% |
Micronet fundamentals help investors to digest information that contributes to Micronet's financial success or failures. It also enables traders to predict the movement of Micronet Stock. The fundamental analysis module provides a way to measure Micronet'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 Micronet stock.
Micronet |
Micronet Company Current Ratio Analysis
Micronet'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 Micronet Current Ratio | 1.86 X |
Most of Micronet'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, Micronet 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, Micronet has a Current Ratio of 1.86 times. This is 34.28% lower than that of the Communications Equipment sector and 57.73% lower than that of the Information Technology industry. The current ratio for all Israel stocks is 13.89% higher than that of the company.
Micronet Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Micronet'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 Micronet could also be used in its relative valuation, which is a method of valuing Micronet by comparing valuation metrics of similar companies.Micronet is currently under evaluation in current ratio category among its peers.
Micronet Fundamentals
| Price To Earning | (169.24) X | |||
| Revenue | 66.16 M | |||
| EBITDA | (7.74 M) | |||
| Net Income | (12.95 M) | |||
| Cash And Equivalents | 1.77 M | |||
| Cash Per Share | 0.07 X | |||
| Total Debt | 8.15 M | |||
| Debt To Equity | 34.40 % | |||
| Current Ratio | 1.86 X | |||
| Book Value Per Share | 0.97 X | |||
| Cash Flow From Operations | (5.35 M) | |||
| Earnings Per Share | (0.57) X | |||
| Number Of Employees | 15 | |||
| Beta | 0.18 | |||
| Market Capitalization | 12.73 M | |||
| Total Asset | 60 M | |||
| Z Score | 1.6 | |||
| Net Asset | 60 M |
About Micronet Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Micronet's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Micronet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Micronet 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 Micronet's price analysis, check to measure Micronet'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 Micronet is operating at the current time. Most of Micronet's value examination focuses on studying past and present price action to predict the probability of Micronet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micronet's price. Additionally, you may evaluate how the addition of Micronet to your portfolios can decrease your overall portfolio volatility.