Eco Tek Current Ratio vs. Price To Earning
| ETEK Stock | USD 0.0002 0.0001 33.33% |
For Eco Tek profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eco Tek to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eco Tek Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eco Tek's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eco Tek Group over time as well as its relative position and ranking within its peers.
Eco |
Eco Tek Group Price To Earning vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eco Tek's current stock value. Our valuation model uses many indicators to compare Eco Tek value to that of its competitors to determine the firm's financial worth. Eco Tek Group is one of the top stocks in current ratio category among its peers. It also is one of the top stocks in price to earning category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Eco Tek's earnings, one of the primary drivers of an investment's value.Eco Price To Earning vs. Current Ratio
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.
Eco Tek |
| = | 0.09 X |
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).
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Eco Tek |
| = | (0.02) X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Eco Price To Earning Comparison
Eco Tek is currently under evaluation in price to earning category among its peers.
Eco Tek Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eco Tek, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eco Tek will eventually generate negative long term returns. The profitability progress is the general direction of Eco Tek's change in net profit over the period of time. It can combine multiple indicators of Eco Tek, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Eco-Tek Group, Inc. manufactures and distributes synthetic lubricants, filtration systems, and other products in North America. Eco-Tek Group, Inc. was founded in 2005 and is based in Woodbridge, Canada. Eco Tek operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 2 people.
Eco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eco Tek. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Eco Tek position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Eco Tek's important profitability drivers and their relationship over time.
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Other Information on Investing in Eco Pink Sheet
To fully project Eco Tek's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eco Tek Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Eco Tek's income statement, its balance sheet, and the statement of cash flows.