Oroco Resource Corp Stock Current Ratio
ORRCF Stock | USD 0.19 0.01 5.00% |
Oroco Resource Corp fundamentals help investors to digest information that contributes to Oroco Resource's financial success or failures. It also enables traders to predict the movement of Oroco OTC Stock. The fundamental analysis module provides a way to measure Oroco Resource'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 Oroco Resource otc stock.
Oroco |
Oroco Resource Corp OTC Stock Current Ratio Analysis
Oroco Resource'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 Oroco Resource Current Ratio | 5.99 X |
Most of Oroco Resource'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, Oroco Resource 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).
Competition |
In accordance with the recently published financial statements, Oroco Resource Corp has a Current Ratio of 5.99 times. This is 56.4% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current ratio for all United States stocks is 177.31% lower than that of the firm.
Oroco Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oroco Resource's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Oroco Resource could also be used in its relative valuation, which is a method of valuing Oroco Resource by comparing valuation metrics of similar companies.Oroco Resource is currently under evaluation in current ratio category among its peers.
Oroco Fundamentals
Return On Equity | -0.11 | |||
Return On Asset | -0.0696 | |||
Current Valuation | 124.3 M | |||
Shares Outstanding | 207.03 M | |||
Shares Owned By Insiders | 9.29 % | |||
Price To Earning | 34.75 X | |||
Price To Book | 2.67 X | |||
Gross Profit | (13.73 K) | |||
EBITDA | (8.49 M) | |||
Net Income | (7.55 M) | |||
Cash And Equivalents | 23.03 M | |||
Cash Per Share | 0.11 X | |||
Debt To Equity | 1.00 % | |||
Current Ratio | 5.99 X | |||
Book Value Per Share | 0.34 X | |||
Cash Flow From Operations | (2.1 M) | |||
Earnings Per Share | (0.03) X | |||
Beta | 1.94 | |||
Market Capitalization | 124.22 M | |||
Total Asset | 77.6 M | |||
Net Asset | 77.6 M |
About Oroco Resource Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Oroco Resource Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oroco Resource using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oroco Resource Corp based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Oroco OTC Stock
Oroco Resource financial ratios help investors to determine whether Oroco OTC Stock 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 Oroco with respect to the benefits of owning Oroco Resource security.