Nutech Energy Resources Stock Current Ratio
NuTech Energy Resources fundamentals help investors to digest information that contributes to NuTech Energy's financial success or failures. It also enables traders to predict the movement of NuTech Stock. The fundamental analysis module provides a way to measure NuTech Energy'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 NuTech Energy stock.
NuTech |
NuTech Energy Resources Company Current Ratio Analysis
NuTech Energy'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 NuTech Energy Current Ratio | 0.59 X |
Most of NuTech Energy'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, NuTech Energy Resources 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, NuTech Energy Resources has a Current Ratio of 0.59 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.
NuTech Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NuTech Energy'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 NuTech Energy could also be used in its relative valuation, which is a method of valuing NuTech Energy by comparing valuation metrics of similar companies.NuTech Energy is currently under evaluation in current ratio category among its peers.
NuTech Fundamentals
| Return On Asset | -0.57 | |||
| Operating Margin | (3.79) % | |||
| Current Valuation | 6.23 M | |||
| Shares Outstanding | 42.76 B | |||
| Price To Sales | 0.77 X | |||
| Net Income | (686.31 K) | |||
| Cash And Equivalents | 19.78 K | |||
| Total Debt | 765.52 K | |||
| Current Ratio | 0.59 X | |||
| Book Value Per Share | (0.09) X | |||
| Cash Flow From Operations | (24.66 K) | |||
| Earnings Per Share | (0.19) X | |||
| Beta | 14.82 | |||
| Market Capitalization | 42.76 K | |||
| Total Asset | 1 | |||
| Retained Earnings | (15.23 M) | |||
| Working Capital | 3 M | |||
| Current Asset | 5.74 M | |||
| Current Liabilities | 2.74 M | |||
| Net Asset | 1 |
About NuTech Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NuTech Energy Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NuTech Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NuTech Energy Resources 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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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 metropolitan statistical area. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in NuTech Stock
If you are still planning to invest in NuTech Energy Resources 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 NuTech Energy's history and understand the potential risks before investing.
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