Pyxis Tankers Stock Current Ratio

PXS Stock  USD 3.98  0.10  2.45%   
Pyxis Tankers fundamentals help investors to digest information that contributes to Pyxis Tankers' financial success or failures. It also enables traders to predict the movement of Pyxis Stock. The fundamental analysis module provides a way to measure Pyxis Tankers' 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 Pyxis Tankers stock.
Last ReportedProjected for Next Year
Current Ratio 6.04  6.34 
Current Ratio is likely to gain to 6.34 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Pyxis Tankers Company Current Ratio Analysis

Pyxis Tankers' 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 Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Pyxis Tankers Current Ratio

    
  0.83 X  
Most of Pyxis Tankers' 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, Pyxis Tankers is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Pyxis Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Pyxis Tankers is extremely important. It helps to project a fair market value of Pyxis Stock properly, considering its historical fundamentals such as Current Ratio. Since Pyxis Tankers' 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 Pyxis Tankers' 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 Pyxis Tankers' interrelated accounts and indicators.
0.870.750.27-0.20.51-0.60.280.410.470.32-0.150.370.510.290.530.140.21-0.120.90.45-0.08
0.870.660.12-0.570.39-0.46-0.020.40.64-0.1-0.130.070.63-0.040.23-0.10.5-0.220.930.63-0.22
0.750.660.180.170.43-0.730.610.56-0.090.5-0.370.39-0.050.080.80.47-0.250.170.67-0.070.27
0.270.120.180.18-0.310.190.36-0.050.040.230.03-0.270.170.470.07-0.220.020.40.280.130.42
-0.2-0.570.170.180.02-0.170.77-0.16-0.810.75-0.260.3-0.790.340.610.66-0.890.35-0.41-0.830.45
0.510.390.43-0.310.02-0.780.130.280.180.24-0.230.710.04-0.190.560.69-0.29-0.730.230.03-0.64
-0.6-0.46-0.730.19-0.17-0.78-0.38-0.460.03-0.430.17-0.720.080.02-0.75-0.710.410.28-0.360.110.16
0.28-0.020.610.360.770.13-0.38-0.01-0.610.83-0.220.28-0.590.290.850.62-0.660.360.1-0.620.47
0.410.40.56-0.05-0.160.28-0.46-0.010.050.130.170.520.16-0.270.290.11-0.040.20.330.150.24
0.470.64-0.090.04-0.810.180.03-0.610.05-0.60.11-0.220.96-0.05-0.43-0.520.82-0.470.610.97-0.55
0.32-0.10.50.230.750.24-0.430.830.13-0.6-0.10.63-0.520.510.830.61-0.670.330.01-0.630.45
-0.15-0.13-0.370.03-0.26-0.230.17-0.220.170.11-0.10.110.17-0.2-0.34-0.370.260.11-0.240.170.07
0.370.070.39-0.270.30.71-0.720.280.52-0.220.630.11-0.20.060.650.64-0.49-0.20.0-0.29-0.09
0.510.63-0.050.17-0.790.040.08-0.590.160.96-0.520.17-0.20.11-0.44-0.630.84-0.250.640.98-0.34
0.29-0.040.080.470.34-0.190.020.29-0.27-0.050.51-0.20.060.110.2-0.08-0.050.370.22-0.050.37
0.530.230.80.070.610.56-0.750.850.29-0.430.83-0.340.65-0.440.20.82-0.660.070.28-0.490.21
0.14-0.10.47-0.220.660.69-0.710.620.11-0.520.61-0.370.64-0.63-0.080.82-0.86-0.27-0.16-0.64-0.12
0.210.5-0.250.02-0.89-0.290.41-0.66-0.040.82-0.670.26-0.490.84-0.05-0.66-0.86-0.10.470.86-0.24
-0.12-0.220.170.40.35-0.730.280.360.2-0.470.330.11-0.2-0.250.370.07-0.27-0.1-0.01-0.30.99
0.90.930.670.28-0.410.23-0.360.10.330.610.01-0.240.00.640.220.28-0.160.47-0.010.62-0.01
0.450.63-0.070.13-0.830.030.11-0.620.150.97-0.630.17-0.290.98-0.05-0.49-0.640.86-0.30.62-0.39
-0.08-0.220.270.420.45-0.640.160.470.24-0.550.450.07-0.09-0.340.370.21-0.12-0.240.99-0.01-0.39
Click cells to compare fundamentals

Pyxis Current Ratio Historical Pattern

Today, most investors in Pyxis Tankers Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Pyxis Tankers' 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 Pyxis Tankers current ratio as a starting point in their analysis.
   Pyxis Tankers 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

Pyxis Price To Sales Ratio

Price To Sales Ratio

0.93

At this time, Pyxis Tankers' Price To Sales Ratio is comparatively stable compared to the past year.
In accordance with the recently published financial statements, Pyxis Tankers has a Current Ratio of 0.83 times. This is 59.71% lower than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The current ratio for all United States stocks is 61.57% higher than that of the company.

Pyxis Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pyxis Tankers' 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 Pyxis Tankers could also be used in its relative valuation, which is a method of valuing Pyxis Tankers by comparing valuation metrics of similar companies.
Pyxis Tankers is currently under evaluation in current ratio category among its peers.

Pyxis Tankers Current Valuation Drivers

We derive many important indicators used in calculating different scores of Pyxis Tankers from analyzing Pyxis Tankers' financial statements. These drivers represent accounts that assess Pyxis Tankers' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Pyxis Tankers' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap95.9M71.5M69.1M51.2M44.6M64.1M
Enterprise Value157.6M128.5M145.5M114.5M71.0M129.4M

Pyxis Tankers 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, Pyxis Tankers' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Pyxis Tankers' managers, analysts, and investors.
Environmental
Governance
Social

Pyxis Fundamentals

About Pyxis Tankers Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Pyxis Tankers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pyxis Tankers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pyxis Tankers 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Pyxis Stock Analysis

When running Pyxis Tankers' price analysis, check to measure Pyxis Tankers' 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 Pyxis Tankers is operating at the current time. Most of Pyxis Tankers' value examination focuses on studying past and present price action to predict the probability of Pyxis Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pyxis Tankers' price. Additionally, you may evaluate how the addition of Pyxis Tankers to your portfolios can decrease your overall portfolio volatility.