Silver Range Resources Stock Current Ratio
| SLRRF Stock | USD 0.05 0.03 150.00% |
Silver Range Resources fundamentals help investors to digest information that contributes to Silver Range's financial success or failures. It also enables traders to predict the movement of Silver Pink Sheet. The fundamental analysis module provides a way to measure Silver Range'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 Silver Range pink sheet.
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Silver Range Resources Company Current Ratio Analysis
Silver Range'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 Silver Range Current Ratio | 10.37 X |
Most of Silver Range'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, Silver Range Resources 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, Silver Range Resources has a Current Ratio of 10.37 times. This is 170.76% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current ratio for all United States stocks is notably lower than that of the firm.
Silver Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Silver Range's 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 Silver Range could also be used in its relative valuation, which is a method of valuing Silver Range by comparing valuation metrics of similar companies.Silver Range is currently under evaluation in current ratio category among its peers.
Silver Fundamentals
| Return On Equity | 0.27 | |||
| Return On Asset | -0.1 | |||
| Current Valuation | 7.37 M | |||
| Shares Outstanding | 89.15 M | |||
| Shares Owned By Insiders | 42.41 % | |||
| Price To Earning | 29.85 X | |||
| Price To Book | 1.11 X | |||
| Gross Profit | (137.62 K) | |||
| EBITDA | 4.29 M | |||
| Net Income | 4.29 M | |||
| Cash And Equivalents | 1.13 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 28.88 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 10.37 X | |||
| Book Value Per Share | 0.12 X | |||
| Cash Flow From Operations | (475.31 K) | |||
| Earnings Per Share | 0.02 X | |||
| Number Of Employees | 16 | |||
| Beta | -0.0825 | |||
| Market Capitalization | 9.28 M | |||
| Total Asset | 10.28 M | |||
| Net Asset | 10.28 M |
About Silver Range Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Silver Range Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Silver Range using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Silver Range Resources 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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Other Information on Investing in Silver Pink Sheet
Silver Range financial ratios help investors to determine whether Silver 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 Silver with respect to the benefits of owning Silver Range security.