Life Electric Vehicles Stock Current Ratio
| LFEV Stock | USD 0.30 0.00 0.00% |
Life Electric Vehicles fundamentals help investors to digest information that contributes to Life Electric's financial success or failures. It also enables traders to predict the movement of Life Pink Sheet. The fundamental analysis module provides a way to measure Life Electric'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 Life Electric pink sheet.
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Life Electric Vehicles Company Current Ratio Analysis
Life Electric'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 Life Electric Current Ratio | 4.92 X |
Most of Life Electric'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, Life Electric Vehicles 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, Life Electric Vehicles has a Current Ratio of 4.92 times. This is 116.74% higher than that of the Consumer Cyclical sector and notably higher than that of the Auto Manufacturers industry. The current ratio for all United States stocks is 127.78% lower than that of the firm.
Life Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Life Electric'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 Life Electric could also be used in its relative valuation, which is a method of valuing Life Electric by comparing valuation metrics of similar companies.Life Electric is currently under evaluation in current ratio category among its peers.
Life Fundamentals
| Current Valuation | 102.03 K | |||
| Price To Book | 0.1 X | |||
| Price To Sales | 0.03 X | |||
| Net Income | 684.84 K | |||
| Cash And Equivalents | 20 K | |||
| Total Debt | 115 K | |||
| Debt To Equity | 0.40 % | |||
| Current Ratio | 4.92 X | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | 3.24 M | |||
| Beta | -8.87 | |||
| Market Capitalization | 102.03 K | |||
| Annual Yield | 0.03 % |
About Life Electric Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Life Electric Vehicles's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Life Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Life Electric Vehicles 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 Life Pink Sheet Analysis
When running Life Electric's price analysis, check to measure Life Electric'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 Life Electric is operating at the current time. Most of Life Electric's value examination focuses on studying past and present price action to predict the probability of Life Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Life Electric's price. Additionally, you may evaluate how the addition of Life Electric to your portfolios can decrease your overall portfolio volatility.