Pasinex Resources Limited Stock Current Ratio
| PSXRF Stock | USD 0 0.00 0.00% |
Pasinex Resources Limited fundamentals help investors to digest information that contributes to Pasinex Resources' financial success or failures. It also enables traders to predict the movement of Pasinex Pink Sheet. The fundamental analysis module provides a way to measure Pasinex Resources' 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 Pasinex Resources pink sheet.
Pasinex |
Pasinex Resources Limited Company Current Ratio Analysis
Pasinex Resources' 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 Pasinex Resources Current Ratio | 0.80 X |
Most of Pasinex Resources' 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, Pasinex Resources Limited 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, Pasinex Resources Limited has a Current Ratio of 0.8 times. This is 79.11% 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 62.96% higher than that of the company.
Pasinex Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pasinex Resources' 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 Pasinex Resources could also be used in its relative valuation, which is a method of valuing Pasinex Resources by comparing valuation metrics of similar companies.Pasinex Resources is currently under evaluation in current ratio category among its peers.
Pasinex Fundamentals
| Return On Equity | 0.11 | |||
| Return On Asset | -0.39 | |||
| Operating Margin | 56.69 % | |||
| Current Valuation | 5.93 M | |||
| Shares Outstanding | 144.55 M | |||
| Shares Owned By Insiders | 26.06 % | |||
| Price To Earning | 0.04 X | |||
| Price To Book | 0.35 X | |||
| Price To Sales | 19.87 X | |||
| Gross Profit | 200.06 K | |||
| EBITDA | 11.61 K | |||
| Net Income | (129.68 K) | |||
| Cash And Equivalents | 2.03 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 2.88 M | |||
| Debt To Equity | 2.54 % | |||
| Current Ratio | 0.80 X | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (480.03 K) | |||
| Earnings Per Share | 0.02 X | |||
| Number Of Employees | 12 | |||
| Beta | 3.23 | |||
| Market Capitalization | 4.26 M | |||
| Total Asset | 2.87 M | |||
| Z Score | 0.6 | |||
| Net Asset | 2.87 M |
About Pasinex Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pasinex Resources Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pasinex Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pasinex Resources Limited 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.
Currently Active Assets on Macroaxis
Other Information on Investing in Pasinex Pink Sheet
Pasinex Resources financial ratios help investors to determine whether Pasinex 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 Pasinex with respect to the benefits of owning Pasinex Resources security.