Modern Technology Corp Stock Current Ratio
Modern Technology Corp fundamentals help investors to digest information that contributes to Modern Technology's financial success or failures. It also enables traders to predict the movement of Modern Stock. The fundamental analysis module provides a way to measure Modern Technology'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 Modern Technology stock.
Modern |
Modern Technology Corp Company Current Ratio Analysis
Modern Technology'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 Modern Technology Current Ratio | 0.05 X |
Most of Modern Technology'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, Modern Technology 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).
CompetitionIn accordance with the recently published financial statements, Modern Technology Corp has a Current Ratio of 0.05 times. This is much higher than that of the sector and significantly higher than that of the Current Ratio industry. The current ratio for all United States stocks is notably lower than that of the firm.
Modern Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Modern Technology'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 Modern Technology could also be used in its relative valuation, which is a method of valuing Modern Technology by comparing valuation metrics of similar companies.Modern Technology is currently under evaluation in current ratio category among its peers.
Modern Fundamentals
Profit Margin | 0.20 % | |||
Operating Margin | (0.04) % | |||
Current Valuation | 895.96 K | |||
Shares Outstanding | 567.16 M | |||
Revenue | 28.66 M | |||
Gross Profit | 807.53 K | |||
Net Income | 5.77 M | |||
Cash And Equivalents | 9.45 K | |||
Total Debt | 903.53 K | |||
Debt To Equity | 0.88 % | |||
Current Ratio | 0.05 X | |||
Book Value Per Share | 0 X | |||
Earnings Per Share | 0.01 X | |||
Beta | 37.51 | |||
Market Capitalization | 567 | |||
Retained Earnings | (4.49 M) |
About Modern Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Modern Technology Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Modern Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Modern Technology 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.
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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in Modern Stock
If you are still planning to invest in Modern Technology Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Modern Technology's history and understand the potential risks before investing.
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