Faraday Copper Corp Stock Current Ratio

FDY Stock  CAD 0.83  0.03  3.49%   
Faraday Copper Corp fundamentals help investors to digest information that contributes to Faraday Copper's financial success or failures. It also enables traders to predict the movement of Faraday Stock. The fundamental analysis module provides a way to measure Faraday Copper'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 Faraday Copper stock.
Last ReportedProjected for Next Year
Current Ratio 6.14  3.91 
As of the 2nd of December 2024, Current Ratio is likely to drop to 3.91.
  
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Faraday Copper Corp Company Current Ratio Analysis

Faraday Copper'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 Faraday Copper Current Ratio

    
  3.91  
Most of Faraday Copper'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, Faraday Copper Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Faraday Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Faraday Copper is extremely important. It helps to project a fair market value of Faraday Stock properly, considering its historical fundamentals such as Current Ratio. Since Faraday Copper'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 Faraday Copper'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 Faraday Copper's interrelated accounts and indicators.
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).
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Faraday Copper Current Valuation Drivers

We derive many important indicators used in calculating different scores of Faraday Copper from analyzing Faraday Copper's financial statements. These drivers represent accounts that assess Faraday Copper's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Faraday Copper's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap10.9M13.0M65.1M61.5M55.4M58.2M
Enterprise Value10.9M13.3M60.9M52.0M46.8M49.1M

Fund Asset Allocation for Faraday Copper

The fund invests 99.52% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
Asset allocation divides Faraday Copper's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

Faraday Fundamentals

About Faraday Copper Fundamental Analysis

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

Other Information on Investing in Faraday Stock

Faraday Copper financial ratios help investors to determine whether Faraday 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 Faraday with respect to the benefits of owning Faraday Copper security.