Highland Copper Stock Current Ratio
HDRSF Stock | USD 0.06 0.01 10.45% |
Highland Copper fundamentals help investors to digest information that contributes to Highland Copper's financial success or failures. It also enables traders to predict the movement of Highland OTC Stock. The fundamental analysis module provides a way to measure Highland 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 Highland Copper otc stock.
Highland |
Highland Copper OTC Stock Current Ratio Analysis
Highland 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 Highland Copper Current Ratio | 10.38 X |
Most of Highland 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, Highland Copper 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, Highland Copper has a Current Ratio of 10.38 times. This is 171.02% higher than that of the Metals & Mining sector and 143.66% higher than that of the Materials industry. The current ratio for all United States stocks is notably lower than that of the firm.
Highland Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Highland Copper'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 Highland Copper could also be used in its relative valuation, which is a method of valuing Highland Copper by comparing valuation metrics of similar companies.Highland Copper is currently under evaluation in current ratio category among its peers.
Highland Fundamentals
Return On Equity | -0.14 | |||
Return On Asset | -0.0887 | |||
Current Valuation | 61.59 M | |||
Shares Outstanding | 736.36 M | |||
Shares Owned By Insiders | 1.19 % | |||
Shares Owned By Institutions | 60.23 % | |||
Price To Earning | 1.28 X | |||
Price To Book | 1.12 X | |||
EBITDA | (1.73 M) | |||
Net Income | (2.06 M) | |||
Cash And Equivalents | 12.93 M | |||
Cash Per Share | 0.02 X | |||
Total Debt | 23.49 M | |||
Current Ratio | 10.38 X | |||
Book Value Per Share | 0.04 X | |||
Cash Flow From Operations | (5.38 M) | |||
Earnings Per Share | 0.05 X | |||
Number Of Employees | 15 | |||
Beta | 1.05 | |||
Market Capitalization | 42.12 M | |||
Total Asset | 37.61 M | |||
Z Score | 0.6 | |||
Net Asset | 37.61 M |
About Highland Copper Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Highland Copper's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Highland Copper using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Highland Copper 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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Other Information on Investing in Highland OTC Stock
Highland Copper financial ratios help investors to determine whether Highland OTC 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 Highland with respect to the benefits of owning Highland Copper security.