Pioneer Municipal High Stock Current Ratio

MAV Stock

USD 8.40 0.05 0.60%

Pioneer Municipal High fundamentals help investors to digest information that contributes to Pioneer Municipal's financial success or failures. It also enables traders to predict the movement of Pioneer Stock. The fundamental analysis module provides a way to measure Pioneer Municipal'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 Pioneer Municipal stock.

		Last Reported	Projected for Next Year
	Current Ratio	5.68	5.39

Current Ratio is likely to drop to 5.39 in 2025.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Pioneer Municipal High Company Current Ratio Analysis

Pioneer Municipal'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 Pioneer Municipal Current Ratio

2.62 X

Most of Pioneer Municipal'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, Pioneer Municipal High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Pioneer Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Pioneer Municipal is extremely important. It helps to project a fair market value of Pioneer Stock properly, considering its historical fundamentals such as Current Ratio. Since Pioneer Municipal'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 Pioneer Municipal'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 Pioneer Municipal's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Long Term Investments	Total Current Assets	Common Stock	Net Debt	Capital Stock	Current Deferred Revenue	Net Invested Capital
Total Assets		0.64	0.58	0.82	0.36	0.55	-0.03	0.98	0.46	0.72	-0.43	0.66	-0.79	0.53
Total Stockholder Equity	0.64		0.72	0.84	0.05	0.72	-0.34	0.65	0.1	0.4	-0.33	0.64	-0.61	0.28
Net Tangible Assets	0.58	0.72		0.73	0.12	0.98	-0.24	0.57	0.3	0.57	-0.23	0.46	-0.45	0.25
Retained Earnings	0.82	0.84	0.73		0.1	0.68	0.06	0.83	0.24	0.5	-0.34	0.53	-0.76	0.44
Accounts Payable	0.36	0.05	0.12	0.1		0.09	-0.24	0.21	0.43	0.57	-0.34	0.4	-0.28	0.15
Net Receivables	0.55	0.72	0.98	0.68	0.09		-0.28	0.53	0.25	0.5	-0.18	0.43	-0.36	0.15
Total Liab	-0.03	-0.34	-0.24	0.06	-0.24	-0.28		0.0	-0.13	-0.39	0.19	-0.66	0.24	-0.02
Long Term Investments	0.98	0.65	0.57	0.83	0.21	0.53	0.0		0.41	0.67	-0.39	0.64	-0.78	0.54
Total Current Assets	0.46	0.1	0.3	0.24	0.43	0.25	-0.13	0.41		0.55	-0.79	0.4	-0.51	0.21
Common Stock	0.72	0.4	0.57	0.5	0.57	0.5	-0.39	0.67	0.55		-0.43	0.81	-0.68	0.7
Net Debt	-0.43	-0.33	-0.23	-0.34	-0.34	-0.18	0.19	-0.39	-0.79	-0.43		-0.47	0.57	-0.3
Capital Stock	0.66	0.64	0.46	0.53	0.4	0.43	-0.66	0.64	0.4	0.81	-0.47		-0.79	0.5
Current Deferred Revenue	-0.79	-0.61	-0.45	-0.76	-0.28	-0.36	0.24	-0.78	-0.51	-0.68	0.57	-0.79		-0.49
Net Invested Capital	0.53	0.28	0.25	0.44	0.15	0.15	-0.02	0.54	0.21	0.7	-0.3	0.5	-0.49

Click cells to compare fundamentals

Pioneer Current Ratio Historical Pattern

Today, most investors in Pioneer Municipal Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Pioneer Municipal's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Pioneer Municipal current ratio as a starting point in their analysis.

Pioneer Municipal Current Ratio

Timeline

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

Predict Pioneer Municipal

Current Ratio Over Time

In accordance with the recently published financial statements, Pioneer Municipal High has a Current Ratio of 2.62 times. This is 35.31% lower than that of the Capital Markets sector and 45.07% lower than that of the Financials industry. The current ratio for all United States stocks is 21.3% lower than that of the firm.

Pioneer Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pioneer Municipal'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 Pioneer Municipal could also be used in its relative valuation, which is a method of valuing Pioneer Municipal by comparing valuation metrics of similar companies.

Pioneer Municipal is currently under evaluation in current ratio category among its peers.

Pioneer Municipal Current Valuation Drivers

We derive many important indicators used in calculating different scores of Pioneer Municipal from analyzing Pioneer Municipal's financial statements. These drivers represent accounts that assess Pioneer Municipal's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Pioneer Municipal's important valuation drivers and their relationship over time.

	2020	2021	2022	2023	2024	2025 (projected)
Market Cap	282.3M	234.9M	195.9M	192.5M	221.4M	294.5M
Enterprise Value	283.1M	235.1M	195.6M	192.4M	221.2M	290.9M

Pioneer Fundamentals

	Return On Equity	0.13
	Return On Asset	0.031
	Profit Margin	2.26 %
	Operating Margin	0.83 %
	Current Valuation	248.72 M
	Shares Outstanding	23.91 M
	Shares Owned By Institutions	57.11 %
	Number Of Shares Shorted	33.77 K
	Price To Earning	13.34 X
	Price To Book	0.88 X
	Price To Sales	11.27 X
	Revenue	19.57 M
	Gross Profit	17.71 M
	EBITDA	(5.45 M)
	Net Income	3.85 M
	Cash And Equivalents	2.6 M
	Cash Per Share	0.11 X
	Total Debt	51.05 M
	Current Ratio	2.62 X
	Book Value Per Share	9.44 X
	Cash Flow From Operations	99.09 M
	Short Ratio	0.51 X
	Earnings Per Share	1.68 X
	Beta	0.7
	Market Capitalization	199.69 M
	Total Asset	271.12 M
	Retained Earnings	(64.14 M)
	Annual Yield	0.05 %
	Five Year Return	5.12 %
	Net Asset	271.12 M
	Last Dividend Paid	0.37

About Pioneer Municipal Fundamental Analysis

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

Explore Investment Opportunities

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.

Explore Investing Ideas

Additional Tools for Pioneer Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC