Nanotech Gaming Stock Current Ratio
| NTGL Stock | USD 0.0001 0.00 0.00% |
NanoTech Gaming fundamentals help investors to digest information that contributes to NanoTech Gaming's financial success or failures. It also enables traders to predict the movement of NanoTech Pink Sheet. The fundamental analysis module provides a way to measure NanoTech Gaming'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 NanoTech Gaming pink sheet.
NanoTech |
NanoTech Gaming Company Current Ratio Analysis
NanoTech Gaming'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 NanoTech Gaming Current Ratio | 1.17 X |
Most of NanoTech Gaming'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, NanoTech Gaming 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, NanoTech Gaming has a Current Ratio of 1.17 times. This is 48.46% lower than that of the Consumer Cyclical sector and 36.07% lower than that of the Gambling industry. The current ratio for all United States stocks is 45.83% higher than that of the company.
NanoTech Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NanoTech Gaming'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 NanoTech Gaming could also be used in its relative valuation, which is a method of valuing NanoTech Gaming by comparing valuation metrics of similar companies.NanoTech Gaming is currently under evaluation in current ratio category among its peers.
NanoTech Fundamentals
| Operating Margin | (3.07) % | |||
| Shares Outstanding | 181.66 M | |||
| Price To Sales | 0.43 X | |||
| Gross Profit | 9.8 K | |||
| EBITDA | (770.24 K) | |||
| Net Income | (328.45 K) | |||
| Cash And Equivalents | 616.08 K | |||
| Total Debt | 1.35 M | |||
| Current Ratio | 1.17 X | |||
| Cash Flow From Operations | (327.45 K) | |||
| Number Of Employees | 21 | |||
| Beta | -53.73 | |||
| Market Capitalization | 36.33 K | |||
| Total Asset | 748.37 K | |||
| Retained Earnings | (488 K) | |||
| Working Capital | (342 K) | |||
| Current Liabilities | 342 K | |||
| Z Score | -3.3 | |||
| Net Asset | 748.37 K |
About NanoTech Gaming Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NanoTech Gaming's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NanoTech Gaming using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NanoTech Gaming 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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NanoTech Gaming financial ratios help investors to determine whether NanoTech Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NanoTech with respect to the benefits of owning NanoTech Gaming security.