Cmg Cleantech Sa Stock Current Ratio
MLCMG Stock | EUR 1.23 0.01 0.82% |
CMG Cleantech SA fundamentals help investors to digest information that contributes to CMG Cleantech's financial success or failures. It also enables traders to predict the movement of CMG Stock. The fundamental analysis module provides a way to measure CMG Cleantech'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 CMG Cleantech stock.
CMG |
CMG Cleantech SA Company Current Ratio Analysis
CMG Cleantech'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 CMG Cleantech Current Ratio | 0.03 X |
Most of CMG Cleantech'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, CMG Cleantech SA 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, CMG Cleantech SA has a Current Ratio of 0.03 times. This is 99.22% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The current ratio for all France stocks is 98.61% higher than that of the company.
CMG Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CMG Cleantech'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 CMG Cleantech could also be used in its relative valuation, which is a method of valuing CMG Cleantech by comparing valuation metrics of similar companies.CMG Cleantech is currently under evaluation in current ratio category among its peers.
CMG Fundamentals
Return On Equity | -3.04 | |||
Return On Asset | -1.23 | |||
Shares Outstanding | 30.8 M | |||
Gross Profit | (118.48 K) | |||
EBITDA | (157.6 K) | |||
Net Income | (178.86 K) | |||
Current Ratio | 0.03 X | |||
Book Value Per Share | (0.02) X | |||
Earnings Per Share | (0.1) X | |||
Beta | 0.65 | |||
Market Capitalization | 184.79 M |
About CMG Cleantech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CMG Cleantech SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CMG Cleantech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CMG Cleantech SA 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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When running CMG Cleantech's price analysis, check to measure CMG Cleantech'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 CMG Cleantech is operating at the current time. Most of CMG Cleantech's value examination focuses on studying past and present price action to predict the probability of CMG Cleantech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMG Cleantech's price. Additionally, you may evaluate how the addition of CMG Cleantech to your portfolios can decrease your overall portfolio volatility.