North American Construction Stock Current Ratio
| NOA Stock | USD 19.74 0.13 0.66% |
North American Construction fundamentals help investors to digest information that contributes to North American's financial success or failures. It also enables traders to predict the movement of North Stock. The fundamental analysis module provides a way to measure North American'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 North American stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 0.91 | 1.49 |
North | Current Ratio |
North American Construction Company Current Ratio Analysis
North American'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 North American Current Ratio | 1.15 X |
Most of North American'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, North American Construction is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
North Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for North American is extremely important. It helps to project a fair market value of North Stock properly, considering its historical fundamentals such as Current Ratio. Since North American'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 North American'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 North American's interrelated accounts and indicators.
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North Current Ratio Historical Pattern
Today, most investors in North American Stock are looking for potential investment opportunities by analyzing not only static indicators but also various North American'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 North American current ratio as a starting point in their analysis.
North American Current Ratio |
| Timeline |
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, North American Construction has a Current Ratio of 1.15 times. This is 17.86% lower than that of the Energy Equipment & Services sector and 60.34% lower than that of the Energy industry. The current ratio for all United States stocks is 46.76% higher than that of the company.
North Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses North American'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 North American could also be used in its relative valuation, which is a method of valuing North American by comparing valuation metrics of similar companies.North American is currently under evaluation in current ratio category among its peers.
North American Current Valuation Drivers
We derive many important indicators used in calculating different scores of North American from analyzing North American's financial statements. These drivers represent accounts that assess North American's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of North American's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 517.0M | 383.4M | 651.4M | 734.6M | 661.1M | 694.2M | |
| Enterprise Value | 943.6M | 785.6M | 1.0B | 1.4B | 1.2B | 1.3B |
North American 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, North American's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to North American's managers, analysts, and investors.Environmental | Governance | Social |
North Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0824 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 1.07 B | ||||
| Shares Outstanding | 26.83 M | ||||
| Shares Owned By Insiders | 9.18 % | ||||
| Shares Owned By Institutions | 78.50 % | ||||
| Number Of Shares Shorted | 409.27 K | ||||
| Price To Earning | 10.72 X | ||||
| Price To Book | 1.87 X | ||||
| Price To Sales | 0.45 X | ||||
| Revenue | 957.22 M | ||||
| Gross Profit | 220.82 M | ||||
| EBITDA | 228.69 M | ||||
| Net Income | 63.14 M | ||||
| Cash And Equivalents | 23.19 M | ||||
| Cash Per Share | 0.86 X | ||||
| Total Debt | 717.05 M | ||||
| Debt To Equity | 1.57 % | ||||
| Current Ratio | 1.15 X | ||||
| Book Value Per Share | 14.61 X | ||||
| Cash Flow From Operations | 270.39 M | ||||
| Short Ratio | 7.37 X | ||||
| Earnings Per Share | 1.36 X | ||||
| Price To Earnings To Growth | 4.82 X | ||||
| Target Price | 40.0 | ||||
| Number Of Employees | 194 | ||||
| Beta | 1.6 | ||||
| Market Capitalization | 529.56 M | ||||
| Total Asset | 1.55 B | ||||
| Retained Earnings | 123.03 M | ||||
| Working Capital | (28.82 M) | ||||
| Current Asset | 56.94 M | ||||
| Current Liabilities | 44.87 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.10 % | ||||
| Net Asset | 1.55 B | ||||
| Last Dividend Paid | 0.4 |
About North American Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze North American Construction's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of North American using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of North American Construction 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.When determining whether North American Const offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of North American's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of North American Construction Stock. Outlined below are crucial reports that will aid in making a well-informed decision on North American Construction Stock:Check out North American Piotroski F Score and North American Altman Z Score analysis. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of North American. If investors know North will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about North American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.196 | Dividend Share 0.4 | Earnings Share 1.36 | Revenue Per Share 44.139 | Quarterly Revenue Growth 0.457 |
The market value of North American Const is measured differently than its book value, which is the value of North that is recorded on the company's balance sheet. Investors also form their own opinion of North American's value that differs from its market value or its book value, called intrinsic value, which is North American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because North American's market value can be influenced by many factors that don't directly affect North American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between North American's value and its price as these two are different measures arrived at by different means. Investors typically determine if North American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, North American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.