Zapp Electric Vehicles Stock Current Ratio
| ZAPPW Stock | 0.01 0.0006 6.74% |
Zapp Electric Vehicles fundamentals help investors to digest information that contributes to Zapp Electric's financial success or failures. It also enables traders to predict the movement of Zapp Stock. The fundamental analysis module provides a way to measure Zapp Electric'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 Zapp Electric stock.
Zapp | Current Ratio |
Zapp Electric Vehicles Company Current Ratio Analysis
Zapp Electric'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.
Zapp Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Zapp Electric is extremely important. It helps to project a fair market value of Zapp Stock properly, considering its historical fundamentals such as Current Ratio. Since Zapp Electric's 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 Zapp Electric's 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 Zapp Electric's 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).
| Competition |
In accordance with the recently published financial statements, Zapp Electric Vehicles has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Automobile Components sector and 100.0% lower than that of the Consumer Discretionary industry. The current ratio for all United States stocks is 100.0% higher than that of the company.
Zapp Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zapp Electric's 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 Zapp Electric could also be used in its relative valuation, which is a method of valuing Zapp Electric by comparing valuation metrics of similar companies.Zapp Electric is currently under evaluation in current ratio category among its peers.
Zapp Fundamentals
| Number Of Shares Shorted | 22.31 K | |||
| EBITDA | (3.02 M) | |||
| Net Income | (222.1 M) | |||
| Total Debt | 3.71 M | |||
| Cash Flow From Operations | (6.51 M) | |||
| Number Of Employees | 32 | |||
| Total Asset | 7.34 M | |||
| Retained Earnings | (229.65 M) | |||
| Working Capital | (21.05 M) | |||
| Net Asset | 7.34 M |
About Zapp Electric Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zapp Electric Vehicles's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zapp Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zapp Electric Vehicles 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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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.Additional Tools for Zapp Stock Analysis
When running Zapp Electric's price analysis, check to measure Zapp Electric'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 Zapp Electric is operating at the current time. Most of Zapp Electric's value examination focuses on studying past and present price action to predict the probability of Zapp Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zapp Electric's price. Additionally, you may evaluate how the addition of Zapp Electric to your portfolios can decrease your overall portfolio volatility.