Ecoloclean Industrs Stock Current Ratio

Ecoloclean Industrs fundamentals help investors to digest information that contributes to Ecoloclean Industrs' financial success or failures. It also enables traders to predict the movement of Ecoloclean Stock. The fundamental analysis module provides a way to measure Ecoloclean Industrs' 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 Ecoloclean Industrs stock.
  
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Ecoloclean Industrs Company Current Ratio Analysis

Ecoloclean Industrs' 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 Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Ecoloclean Industrs Current Ratio

    
  0.20 X  
Most of Ecoloclean Industrs' 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, Ecoloclean Industrs 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).
Competition

Ecoloclean Discontinued Operations

Discontinued Operations

(127,390)

As of now, Ecoloclean Industrs' Discontinued Operations is increasing as compared to previous years.
In accordance with the recently published financial statements, Ecoloclean Industrs has a Current Ratio of 0.2 times. This is 90.29% lower than that of the Commercial Services & Supplies sector and 87.73% lower than that of the Industrials industry. The current ratio for all United States stocks is 90.74% higher than that of the company.

Ecoloclean Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ecoloclean Industrs' 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 Ecoloclean Industrs could also be used in its relative valuation, which is a method of valuing Ecoloclean Industrs by comparing valuation metrics of similar companies.
Ecoloclean Industrs is currently under evaluation in current ratio category among its peers.

Ecoloclean Fundamentals

About Ecoloclean Industrs Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ecoloclean Industrs's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ecoloclean Industrs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ecoloclean Industrs 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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When determining whether Ecoloclean Industrs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ecoloclean Industrs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ecoloclean Industrs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ecoloclean Industrs Stock:
Check out Ecoloclean Industrs Piotroski F Score and Ecoloclean Industrs Altman Z Score analysis.
For more detail on how to invest in Ecoloclean Stock please use our How to Invest in Ecoloclean Industrs guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ecoloclean Industrs. If investors know Ecoloclean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ecoloclean Industrs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.01
Quarterly Revenue Growth
7.213
Return On Assets
(0.91)
The market value of Ecoloclean Industrs is measured differently than its book value, which is the value of Ecoloclean that is recorded on the company's balance sheet. Investors also form their own opinion of Ecoloclean Industrs' value that differs from its market value or its book value, called intrinsic value, which is Ecoloclean Industrs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ecoloclean Industrs' market value can be influenced by many factors that don't directly affect Ecoloclean Industrs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ecoloclean Industrs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ecoloclean Industrs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecoloclean Industrs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.