Ensurge Micropower Asa Stock Current Ratio
ENMPY Stock | USD 0.29 0.01 3.33% |
Ensurge Micropower ASA fundamentals help investors to digest information that contributes to Ensurge Micropower's financial success or failures. It also enables traders to predict the movement of Ensurge OTC Stock. The fundamental analysis module provides a way to measure Ensurge Micropower'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 Ensurge Micropower otc stock.
Ensurge |
Ensurge Micropower ASA OTC Stock Current Ratio Analysis
Ensurge Micropower'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 Ensurge Micropower Current Ratio | 0.86 X |
Most of Ensurge Micropower'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, Ensurge Micropower ASA 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 |
In accordance with the recently published financial statements, Ensurge Micropower ASA has a Current Ratio of 0.86 times. This is 69.61% lower than that of the Technology sector and 71.71% lower than that of the Electronic Components industry. The current ratio for all United States stocks is 60.19% higher than that of the company.
Ensurge Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ensurge Micropower's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Ensurge Micropower could also be used in its relative valuation, which is a method of valuing Ensurge Micropower by comparing valuation metrics of similar companies.Ensurge Micropower is currently under evaluation in current ratio category among its peers.
Ensurge Fundamentals
Return On Asset | -1.04 | |||
Current Valuation | 72.51 M | |||
Shares Outstanding | 61.06 M | |||
Price To Book | 0.27 X | |||
Price To Sales | 83,942 X | |||
Gross Profit | (19.53 M) | |||
EBITDA | (27.72 M) | |||
Net Income | (31 M) | |||
Cash And Equivalents | 5.86 M | |||
Cash Per Share | 0.11 X | |||
Total Debt | 5.85 M | |||
Current Ratio | 0.86 X | |||
Book Value Per Share | (0.28) X | |||
Cash Flow From Operations | (14.55 M) | |||
Earnings Per Share | (0.75) X | |||
Number Of Employees | 35 | |||
Beta | 1.61 | |||
Market Capitalization | 10.18 M | |||
Total Asset | 11.28 M | |||
Z Score | -6.0 | |||
Net Asset | 11.28 M |
About Ensurge Micropower Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ensurge Micropower ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ensurge Micropower using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ensurge Micropower ASA based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 running Ensurge Micropower's price analysis, check to measure Ensurge Micropower'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 Ensurge Micropower is operating at the current time. Most of Ensurge Micropower's value examination focuses on studying past and present price action to predict the probability of Ensurge Micropower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ensurge Micropower's price. Additionally, you may evaluate how the addition of Ensurge Micropower to your portfolios can decrease your overall portfolio volatility.