Sokoman Minerals Corp Stock Current Ratio
| SIC Stock | CAD 0.04 0.01 12.50% |
Sokoman Minerals Corp fundamentals help investors to digest information that contributes to Sokoman Minerals' financial success or failures. It also enables traders to predict the movement of Sokoman Stock. The fundamental analysis module provides a way to measure Sokoman Minerals' 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 Sokoman Minerals stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 12.00 | 2.44 |
Sokoman | Current Ratio |
Sokoman Minerals Corp Company Current Ratio Analysis
Sokoman Minerals' 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 Sokoman Minerals Current Ratio | 15.98 X |
Most of Sokoman Minerals' 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, Sokoman Minerals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sokoman Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Sokoman Minerals is extremely important. It helps to project a fair market value of Sokoman Stock properly, considering its historical fundamentals such as Current Ratio. Since Sokoman Minerals' 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 Sokoman Minerals' 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 Sokoman Minerals' interrelated accounts and indicators.
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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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Sokoman Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Sokoman Minerals Corp has a Current Ratio of 15.98 times. This is 317.23% higher than that of the Metals & Mining sector and notably higher than that of the Materials industry. The current ratio for all Canada stocks is notably lower than that of the firm.
Sokoman Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sokoman Minerals' 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 Sokoman Minerals could also be used in its relative valuation, which is a method of valuing Sokoman Minerals by comparing valuation metrics of similar companies.Sokoman Minerals is currently under evaluation in current ratio category among its peers.
Sokoman Minerals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Sokoman Minerals from analyzing Sokoman Minerals' financial statements. These drivers represent accounts that assess Sokoman Minerals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sokoman Minerals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 14.9M | 101.2M | 48.9M | 21.9M | 10.5M | 13.6M | |
| Enterprise Value | 12.2M | 85.8M | 38.6M | 17.0M | 7.9M | 11.1M |
Sokoman Fundamentals
| Return On Equity | -0.16 | ||||
| Return On Asset | -0.44 | ||||
| Current Valuation | 7 M | ||||
| Shares Outstanding | 286.78 M | ||||
| Shares Owned By Insiders | 22.16 % | ||||
| Number Of Shares Shorted | 200 | ||||
| Price To Earning | (2.50) X | ||||
| Price To Book | 1.29 X | ||||
| EBITDA | (5.08 M) | ||||
| Net Income | (1.04 M) | ||||
| Cash And Equivalents | 2.88 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 264.29 K | ||||
| Debt To Equity | 3.48 % | ||||
| Current Ratio | 15.98 X | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | (5.92 M) | ||||
| Target Price | 0.6 | ||||
| Beta | 1.71 | ||||
| Market Capitalization | 11.47 M | ||||
| Total Asset | 8.06 M | ||||
| Retained Earnings | (44.73 M) | ||||
| Working Capital | 2.91 M | ||||
| Net Asset | 8.06 M |
About Sokoman Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sokoman Minerals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sokoman Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sokoman Minerals Corp 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 Sokoman Stock Analysis
When running Sokoman Minerals' price analysis, check to measure Sokoman Minerals' 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 Sokoman Minerals is operating at the current time. Most of Sokoman Minerals' value examination focuses on studying past and present price action to predict the probability of Sokoman Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sokoman Minerals' price. Additionally, you may evaluate how the addition of Sokoman Minerals to your portfolios can decrease your overall portfolio volatility.