New Pacific Metals Stock Current Ratio
3N7A Stock | EUR 1.16 0.01 0.85% |
NEW PACIFIC METALS fundamentals help investors to digest information that contributes to NEW PACIFIC's financial success or failures. It also enables traders to predict the movement of NEW Stock. The fundamental analysis module provides a way to measure NEW PACIFIC'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 NEW PACIFIC stock.
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NEW PACIFIC METALS Company Current Ratio Analysis
NEW PACIFIC'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 NEW PACIFIC Current Ratio | 59.81 X |
Most of NEW PACIFIC'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, NEW PACIFIC METALS 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).
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In accordance with the recently published financial statements, NEW PACIFIC METALS has a Current Ratio of 59 times. This is much higher than that of the Basic Materials sector and significantly higher than that of the Other Precious Metals & Mining industry. The current ratio for all Germany stocks is notably lower than that of the firm.
NEW Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NEW PACIFIC'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 NEW PACIFIC could also be used in its relative valuation, which is a method of valuing NEW PACIFIC by comparing valuation metrics of similar companies.NEW PACIFIC is rated below average in current ratio category among its peers.
NEW Fundamentals
Return On Equity | -0.0596 | |||
Return On Asset | -0.0314 | |||
Shares Outstanding | 154.45 M | |||
Shares Owned By Insiders | 46.29 % | |||
Shares Owned By Institutions | 14.56 % | |||
Price To Earning | 181.25 X | |||
Gross Profit | (582.25 K) | |||
EBITDA | (6.05 M) | |||
Net Income | 4 M | |||
Cash And Equivalents | 60.64 M | |||
Cash Per Share | 0.39 X | |||
Current Ratio | 59.81 X | |||
Book Value Per Share | 0.75 X | |||
Cash Flow From Operations | (6.06 M) | |||
Earnings Per Share | (0.04) X | |||
Beta | 1.16 | |||
Market Capitalization | 396.61 M |
About NEW PACIFIC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NEW PACIFIC METALS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NEW PACIFIC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NEW PACIFIC METALS 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 Information and Resources on Investing in NEW Stock
When determining whether NEW PACIFIC METALS is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NEW Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about New Pacific Metals Stock. Highlighted below are key reports to facilitate an investment decision about New Pacific Metals Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in NEW PACIFIC METALS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.