Hurricane Energy Plc Stock Current Ratio

Hurricane Energy Plc fundamentals help investors to digest information that contributes to Hurricane Energy's financial success or failures. It also enables traders to predict the movement of Hurricane Pink Sheet. The fundamental analysis module provides a way to measure Hurricane Energy'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 Hurricane Energy pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Hurricane Energy Plc Company Current Ratio Analysis

Hurricane Energy'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 Hurricane Energy Current Ratio

    
  1.91 X  
Most of Hurricane Energy'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, Hurricane Energy Plc 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, Hurricane Energy Plc has a Current Ratio of 1.91 times. This is 36.43% higher than that of the Energy sector and 33.45% lower than that of the Oil & Gas E&P industry. The current ratio for all United States stocks is 11.57% higher than that of the company.

Hurricane Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hurricane Energy's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Hurricane Energy could also be used in its relative valuation, which is a method of valuing Hurricane Energy by comparing valuation metrics of similar companies.
Hurricane Energy is currently under evaluation in current ratio category among its peers.

Hurricane Fundamentals

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
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Other Consideration for investing in Hurricane Pink Sheet

If you are still planning to invest in Hurricane Energy Plc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hurricane Energy's history and understand the potential risks before investing.
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