American Lithium Corp Stock Current Ratio
American Lithium Corp fundamentals help investors to digest information that contributes to American Lithium's financial success or failures. It also enables traders to predict the movement of American Stock. The fundamental analysis module provides a way to measure American Lithium'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 American Lithium stock.
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American Lithium Corp Company Current Ratio Analysis
American Lithium'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.
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, American Lithium Corp has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The current ratio for all United States stocks is 100.0% higher than that of the company.
American Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses American Lithium'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 American Lithium could also be used in its relative valuation, which is a method of valuing American Lithium by comparing valuation metrics of similar companies.American Lithium is currently under evaluation in current ratio category among its peers.
American Fundamentals
| Return On Equity | -0.18 | |||
| Return On Asset | -0.0963 | |||
| Current Valuation | 74.79 M | |||
| Shares Outstanding | 217.78 M | |||
| Shares Owned By Insiders | 9.50 % | |||
| Shares Owned By Institutions | 7.75 % | |||
| Number Of Shares Shorted | 1.43 M | |||
| Price To Book | 0.74 X | |||
| EBITDA | (39.53 M) | |||
| Net Income | (39.9 M) | |||
| Total Debt | 176.92 K | |||
| Book Value Per Share | 0.73 X | |||
| Cash Flow From Operations | (23.23 M) | |||
| Short Ratio | 1.80 X | |||
| Earnings Per Share | (0.10) X | |||
| Target Price | 1.46 | |||
| Beta | 2.26 | |||
| Market Capitalization | 86.14 M | |||
| Total Asset | 173.59 M | |||
| Retained Earnings | (159.17 M) | |||
| Working Capital | 16.32 M | |||
| Net Asset | 173.59 M |
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Other Consideration for investing in American Stock
If you are still planning to invest in American Lithium Corp 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 American Lithium's history and understand the potential risks before investing.
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