Rise Gold Corp Stock Current Ratio
RYES Stock | USD 0.10 0.01 11.11% |
Rise Gold Corp fundamentals help investors to digest information that contributes to Rise Gold's financial success or failures. It also enables traders to predict the movement of Rise OTC Stock. The fundamental analysis module provides a way to measure Rise Gold'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 Rise Gold otc stock.
Rise |
Rise Gold Corp OTC Stock Current Ratio Analysis
Rise Gold'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 Rise Gold Current Ratio | 9.30 X |
Most of Rise Gold'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, Rise Gold 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, Rise Gold Corp has a Current Ratio of 9.3 times. This is 142.82% higher than that of the Metals & Mining sector and 23.96% lower than that of the Materials industry. The current ratio for all United States stocks is notably lower than that of the firm.
Rise Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rise Gold'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 Rise Gold could also be used in its relative valuation, which is a method of valuing Rise Gold by comparing valuation metrics of similar companies.Rise Gold is currently under evaluation in current ratio category among its peers.
Rise Fundamentals
Return On Equity | -1.13 | |||
Return On Asset | -0.37 | |||
Current Valuation | 9.54 M | |||
Shares Outstanding | 37.24 M | |||
Shares Owned By Insiders | 38.90 % | |||
Price To Earning | (1.80) X | |||
Price To Book | 2.40 X | |||
EBITDA | (3.17 M) | |||
Net Income | (3.46 M) | |||
Cash And Equivalents | 1.38 M | |||
Cash Per Share | 0.04 X | |||
Total Debt | 1.36 M | |||
Debt To Equity | 0.26 % | |||
Current Ratio | 9.30 X | |||
Book Value Per Share | 0.09 X | |||
Cash Flow From Operations | (2.69 M) | |||
Earnings Per Share | (0.10) X | |||
Target Price | 2.0 | |||
Beta | -0.49 | |||
Market Capitalization | 18.99 M | |||
Total Asset | 5.69 M | |||
Retained Earnings | (1.41 M) | |||
Working Capital | (45 K) | |||
Current Asset | 129 K | |||
Current Liabilities | 174 K | |||
Z Score | 7.8 | |||
Net Asset | 5.69 M |
About Rise Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rise Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rise Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rise Gold 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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Additional Tools for Rise OTC Stock Analysis
When running Rise Gold's price analysis, check to measure Rise Gold'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 Rise Gold is operating at the current time. Most of Rise Gold's value examination focuses on studying past and present price action to predict the probability of Rise Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rise Gold's price. Additionally, you may evaluate how the addition of Rise Gold to your portfolios can decrease your overall portfolio volatility.