Pacific Ridge Exploration Stock Current Asset
PEX Stock | CAD 0.03 0.00 0.00% |
Pacific Ridge Exploration fundamentals help investors to digest information that contributes to Pacific Ridge's financial success or failures. It also enables traders to predict the movement of Pacific Stock. The fundamental analysis module provides a way to measure Pacific Ridge'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 Pacific Ridge stock.
Non Current Assets Total is likely to drop to about 2.4 M in 2024. Total Current Assets is likely to drop to about 638.5 K in 2024. Pacific | Current Asset |
Pacific Ridge Exploration Company Current Asset Analysis
Pacific Ridge's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Pacific Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Pacific Ridge is extremely important. It helps to project a fair market value of Pacific Stock properly, considering its historical fundamentals such as Current Asset. Since Pacific Ridge'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 Pacific Ridge'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 Pacific Ridge's interrelated accounts and indicators.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Pacific Total Assets
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In accordance with the recently published financial statements, Pacific Ridge Exploration has a Current Asset of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The current asset for all Canada stocks is 100.0% higher than that of the company.
Pacific Ridge Current Valuation Drivers
We derive many important indicators used in calculating different scores of Pacific Ridge from analyzing Pacific Ridge's financial statements. These drivers represent accounts that assess Pacific Ridge's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Pacific Ridge's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 1.6M | 1.6M | 19.1M | 18.7M | 18.4M | 19.4M | |
Enterprise Value | 706.5K | 1.1M | 18.6M | 10.9M | 18.0M | 18.9M |
Pacific Fundamentals
Return On Equity | -0.82 | ||||
Return On Asset | -0.48 | ||||
Current Valuation | 3.98 M | ||||
Shares Outstanding | 173.96 M | ||||
Shares Owned By Insiders | 11.70 % | ||||
Shares Owned By Institutions | 0.16 % | ||||
Number Of Shares Shorted | 79.83 K | ||||
Price To Earning | 7.50 X | ||||
Price To Book | 0.80 X | ||||
EBITDA | (9.15 M) | ||||
Net Income | (7.8 M) | ||||
Cash And Equivalents | 1.11 M | ||||
Cash Per Share | 0.04 X | ||||
Total Debt | 62.71 K | ||||
Debt To Equity | 2.40 % | ||||
Current Ratio | 2.50 X | ||||
Book Value Per Share | 0.04 X | ||||
Cash Flow From Operations | (8.69 M) | ||||
Short Ratio | 0.18 X | ||||
Earnings Per Share | (0.02) X | ||||
Target Price | 0.7 | ||||
Beta | 1.62 | ||||
Market Capitalization | 4.35 M | ||||
Total Asset | 5.16 M | ||||
Retained Earnings | (64.41 M) | ||||
Working Capital | 44.01 K | ||||
Net Asset | 5.16 M |
About Pacific Ridge Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pacific Ridge Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pacific Ridge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pacific Ridge Exploration 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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Additional Tools for Pacific Stock Analysis
When running Pacific Ridge's price analysis, check to measure Pacific Ridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pacific Ridge is operating at the current time. Most of Pacific Ridge's value examination focuses on studying past and present price action to predict the probability of Pacific Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Ridge's price. Additionally, you may evaluate how the addition of Pacific Ridge to your portfolios can decrease your overall portfolio volatility.