International Zeolite Corp Stock Current Ratio

IZ Stock  CAD 0.03  0.01  25.00%   
International Zeolite Corp fundamentals help investors to digest information that contributes to International Zeolite's financial success or failures. It also enables traders to predict the movement of International Stock. The fundamental analysis module provides a way to measure International Zeolite'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 International Zeolite stock.
Last ReportedProjected for Next Year
Current Ratio 0.10  0.10 
Current Ratio is likely to drop to 0.1 in 2024.
  
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International Zeolite Corp Company Current Ratio Analysis

International Zeolite'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

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Current International Zeolite Current Ratio

    
  1.67 X  
Most of International Zeolite'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, International Zeolite Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

International Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for International Zeolite is extremely important. It helps to project a fair market value of International Stock properly, considering its historical fundamentals such as Current Ratio. Since International Zeolite'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 International Zeolite'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 International Zeolite'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).
Competition

International Price To Sales Ratio

Price To Sales Ratio

2.97

At this time, International Zeolite's Price To Sales Ratio is fairly stable compared to the past year.
In accordance with the recently published financial statements, International Zeolite Corp has a Current Ratio of 1.67 times. This is 56.4% lower than that of the Chemicals sector and 55.82% lower than that of the Materials industry. The current ratio for all Canada stocks is 22.69% higher than that of the company.

International Current Ratio Peer Comparison

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

International Zeolite Current Valuation Drivers

We derive many important indicators used in calculating different scores of International Zeolite from analyzing International Zeolite's financial statements. These drivers represent accounts that assess International Zeolite's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of International Zeolite's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.6M6.6M5.0M3.8M1.9M3.1M
Enterprise Value2.6M7.6M5.9M5.3M3.3M3.3M

International Fundamentals

About International Zeolite Fundamental Analysis

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for International Stock Analysis

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