Afrocentric Investment Corp Stock Current Asset

ACT Stock   135.00  4.00  2.88%   
AfroCentric Investment Corp fundamentals help investors to digest information that contributes to AfroCentric Investment's financial success or failures. It also enables traders to predict the movement of AfroCentric Stock. The fundamental analysis module provides a way to measure AfroCentric Investment'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 AfroCentric Investment stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

AfroCentric Investment Corp Company Current Asset Analysis

AfroCentric Investment's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Cash

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Deposits

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Liquid Assets

More About Current Asset | All Equity Analysis
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, AfroCentric Investment Corp has a Current Asset of 0.0. This is 100.0% lower than that of the Healthcare sector and about the same as Medical Care Facilities (which currently averages 0.0) industry. The current asset for all South Africa stocks is 100.0% higher than that of the company.

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AfroCentric Fundamentals

About AfroCentric Investment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AfroCentric Investment Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AfroCentric Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AfroCentric Investment Corp 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 AfroCentric Stock

AfroCentric Investment financial ratios help investors to determine whether AfroCentric Stock 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 AfroCentric with respect to the benefits of owning AfroCentric Investment security.