Genprex Stock Current Ratio

GNPX Stock  USD 1.05  0.02  1.94%   
Genprex fundamentals help investors to digest information that contributes to Genprex's financial success or failures. It also enables traders to predict the movement of Genprex Stock. The fundamental analysis module provides a way to measure Genprex'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 Genprex stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Genprex Company Current Ratio Analysis

Genprex'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 Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Genprex Current Ratio

    
  10.71 X  
Most of Genprex'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, Genprex 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, Genprex has a Current Ratio of 10.71 times. This is 268.04% higher than that of the Biotechnology sector and 53.0% higher than that of the Health Care industry. The current ratio for all United States stocks is notably lower than that of the firm.

Genprex Current Ratio Peer Comparison

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

Genprex Fundamentals

About Genprex Fundamental Analysis

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

When running Genprex's price analysis, check to measure Genprex'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 Genprex is operating at the current time. Most of Genprex's value examination focuses on studying past and present price action to predict the probability of Genprex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genprex's price. Additionally, you may evaluate how the addition of Genprex to your portfolios can decrease your overall portfolio volatility.