Dolly Varden Silver Stock Current Ratio
| DV Stock | CAD 1.14 0.05 4.59% |
Dolly Varden Silver fundamentals help investors to digest information that contributes to Dolly Varden's financial success or failures. It also enables traders to predict the movement of Dolly Stock. The fundamental analysis module provides a way to measure Dolly Varden'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 Dolly Varden stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 14.26 | 9.43 |
Dolly | Current Ratio |
Dolly Varden Silver Company Current Ratio Analysis
Dolly Varden'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 Dolly Varden Current Ratio | 13.19 X |
Most of Dolly Varden'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, Dolly Varden Silver is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Dolly Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Dolly Varden is extremely important. It helps to project a fair market value of Dolly Stock properly, considering its historical fundamentals such as Current Ratio. Since Dolly Varden'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 Dolly Varden'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 Dolly Varden'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, Dolly Varden Silver has a Current Ratio of 13.19 times. This is 244.39% higher than that of the Metals & Mining sector and 70.93% lower than that of the Materials industry. The current ratio for all Canada stocks is notably lower than that of the firm.
Dolly Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dolly Varden'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 Dolly Varden could also be used in its relative valuation, which is a method of valuing Dolly Varden by comparing valuation metrics of similar companies.Dolly Varden is currently under evaluation in current ratio category among its peers.
Dolly Varden Current Valuation Drivers
We derive many important indicators used in calculating different scores of Dolly Varden from analyzing Dolly Varden's financial statements. These drivers represent accounts that assess Dolly Varden's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Dolly Varden's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 21.8M | 94.6M | 82.4M | 193.5M | 223.7M | 234.9M | |
| Enterprise Value | 18.0M | 70.9M | 66.9M | 165.0M | 213.7M | 224.4M |
Dolly Fundamentals
| Return On Equity | -0.31 | ||||
| Return On Asset | -0.21 | ||||
| Current Valuation | 321.47 M | ||||
| Shares Outstanding | 316.93 M | ||||
| Shares Owned By Insiders | 43.17 % | ||||
| Shares Owned By Institutions | 10.80 % | ||||
| Number Of Shares Shorted | 397.83 K | ||||
| Price To Earning | (3.51) X | ||||
| Price To Book | 3.50 X | ||||
| EBITDA | (30.75 M) | ||||
| Net Income | (26.65 M) | ||||
| Cash And Equivalents | 21.44 M | ||||
| Cash Per Share | 0.16 X | ||||
| Total Debt | 804.05 K | ||||
| Debt To Equity | 1.41 % | ||||
| Current Ratio | 13.19 X | ||||
| Book Value Per Share | 0.30 X | ||||
| Cash Flow From Operations | (28.99 M) | ||||
| Short Ratio | 4.88 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Target Price | 1.32 | ||||
| Beta | 1.33 | ||||
| Market Capitalization | 359.72 M | ||||
| Total Asset | 82.75 M | ||||
| Retained Earnings | (114.37 M) | ||||
| Working Capital | 10.66 M | ||||
| Net Asset | 82.75 M |
About Dolly Varden Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dolly Varden Silver's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dolly Varden using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dolly Varden Silver 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 Tools for Dolly Stock Analysis
When running Dolly Varden's price analysis, check to measure Dolly Varden'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 Dolly Varden is operating at the current time. Most of Dolly Varden's value examination focuses on studying past and present price action to predict the probability of Dolly Varden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dolly Varden's price. Additionally, you may evaluate how the addition of Dolly Varden to your portfolios can decrease your overall portfolio volatility.