Placer Creek Mining Stock Current Ratio
PRCK Stock | USD 0.0001 0.00 0.00% |
Placer Creek Mining fundamentals help investors to digest information that contributes to Placer Creek's financial success or failures. It also enables traders to predict the movement of Placer OTC Stock. The fundamental analysis module provides a way to measure Placer Creek'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 Placer Creek otc stock.
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Placer Creek Mining OTC Stock Current Ratio Analysis
Placer Creek'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 Placer Creek Current Ratio | 0.01 X |
Most of Placer Creek'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, Placer Creek Mining 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, Placer Creek Mining has a Current Ratio of 0.01 times. This is 99.74% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The current ratio for all United States stocks is 99.54% higher than that of the company.
Placer Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Placer Creek'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 Placer Creek could also be used in its relative valuation, which is a method of valuing Placer Creek by comparing valuation metrics of similar companies.Placer Creek is currently under evaluation in current ratio category among its peers.
Placer Fundamentals
Current Valuation | 1.97 M | |||
Shares Outstanding | 18.55 M | |||
Price To Earning | (1.01) X | |||
Net Income | (1.59 M) | |||
Cash And Equivalents | 3.34 K | |||
Total Debt | 1.05 M | |||
Current Ratio | 0.01 X | |||
Book Value Per Share | (0.17) X | |||
Cash Flow From Operations | (1.1 M) | |||
Earnings Per Share | (0.16) X | |||
Beta | 1.88 | |||
Market Capitalization | 547.15 K |
About Placer Creek Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Placer Creek Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Placer Creek using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Placer Creek Mining 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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Placer Creek financial ratios help investors to determine whether Placer 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 Placer with respect to the benefits of owning Placer Creek security.