Via Renewables Stock Current Ratio
VIADelisted Stock | USD 7.86 0.14 1.75% |
Via Renewables fundamentals help investors to digest information that contributes to Via Renewables' financial success or failures. It also enables traders to predict the movement of Via Stock. The fundamental analysis module provides a way to measure Via Renewables' 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 Via Renewables stock.
Via |
Via Renewables Company Current Ratio Analysis
Via Renewables' 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 Via Renewables Current Ratio | 3.49 X |
Most of Via Renewables' 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, Via Renewables 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).
CompetitionIn accordance with the recently published financial statements, Via Renewables has a Current Ratio of 3.49 times. This is 168.46% higher than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The current ratio for all United States stocks is 61.57% lower than that of the firm.
Via Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Via Renewables' 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 Via Renewables could also be used in its relative valuation, which is a method of valuing Via Renewables by comparing valuation metrics of similar companies.Via Renewables is currently under evaluation in current ratio category among its peers.
Via Fundamentals
Return On Equity | 0.42 | |||
Return On Asset | 0.16 | |||
Profit Margin | 0.06 % | |||
Operating Margin | 0.23 % | |||
Current Valuation | 159.5 M | |||
Shares Outstanding | 3.23 M | |||
Shares Owned By Insiders | 25.70 % | |||
Shares Owned By Institutions | 18.98 % | |||
Number Of Shares Shorted | 29.67 K | |||
Price To Earning | 6.98 X | |||
Price To Book | 0.76 X | |||
Price To Sales | 0.18 X | |||
Revenue | 435.18 M | |||
Gross Profit | 108.6 M | |||
EBITDA | 60.44 M | |||
Net Income | 14.97 M | |||
Cash And Equivalents | 51.31 M | |||
Cash Per Share | 3.23 X | |||
Total Debt | 97 M | |||
Debt To Equity | 0.69 % | |||
Current Ratio | 3.49 X | |||
Book Value Per Share | 16.45 X | |||
Cash Flow From Operations | 49.31 M | |||
Short Ratio | 2.60 X | |||
Earnings Per Share | 4.03 X | |||
Price To Earnings To Growth | 0.48 X | |||
Number Of Employees | 160 | |||
Beta | 1.33 | |||
Market Capitalization | 79.52 M | |||
Total Asset | 303.93 M | |||
Retained Earnings | 8.97 M | |||
Working Capital | 78.98 M | |||
Current Asset | 4.52 B | |||
Current Liabilities | 3.67 B | |||
Five Year Return | 7.75 % | |||
Net Asset | 303.93 M | |||
Last Dividend Paid | 0.91 |
About Via Renewables Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Via Renewables's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Via Renewables using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Via Renewables 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Via Stock
If you are still planning to invest in Via Renewables check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Via Renewables' history and understand the potential risks before investing.
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume |