Nova Mentis Life Stock Current Ratio
| NMLSF Stock | USD 0.03 0 6.14% |
Nova Mentis Life fundamentals help investors to digest information that contributes to Nova Mentis' financial success or failures. It also enables traders to predict the movement of Nova Pink Sheet. The fundamental analysis module provides a way to measure Nova Mentis' 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 Nova Mentis pink sheet.
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Nova Mentis Life Company Current Ratio Analysis
Nova Mentis' 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 Nova Mentis Current Ratio | 4.50 X |
Most of Nova Mentis' 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, Nova Mentis Life 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).
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In accordance with the recently published financial statements, Nova Mentis Life has a Current Ratio of 4.5 times. This is 54.64% higher than that of the Healthcare sector and 35.71% lower than that of the Biotechnology industry. The current ratio for all United States stocks is 108.33% lower than that of the firm.
Nova Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nova Mentis' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Nova Mentis could also be used in its relative valuation, which is a method of valuing Nova Mentis by comparing valuation metrics of similar companies.Nova Mentis is currently under evaluation in current ratio category among its peers.
Nova Fundamentals
| Return On Equity | -0.89 | |||
| Return On Asset | -0.52 | |||
| Current Valuation | 5.46 M | |||
| Shares Outstanding | 143.47 M | |||
| Shares Owned By Insiders | 11.73 % | |||
| Shares Owned By Institutions | 0.01 % | |||
| Price To Book | 7.68 X | |||
| Price To Sales | 5,731 X | |||
| Gross Profit | (5.44 K) | |||
| EBITDA | (2.93 M) | |||
| Net Income | (2.68 M) | |||
| Cash And Equivalents | 634.36 K | |||
| Current Ratio | 4.50 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (1.95 M) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 0.86 | |||
| Market Capitalization | 7.7 M | |||
| Total Asset | 881.16 K | |||
| Z Score | -9.9 | |||
| Net Asset | 881.16 K |
About Nova Mentis Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nova Mentis Life's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nova Mentis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nova Mentis Life 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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Other Information on Investing in Nova Pink Sheet
Nova Mentis financial ratios help investors to determine whether Nova Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nova with respect to the benefits of owning Nova Mentis security.