Forza Petroleum Limited Stock Current Ratio
Forza Petroleum Limited fundamentals help investors to digest information that contributes to Forza Petroleum's financial success or failures. It also enables traders to predict the movement of Forza Pink Sheet. The fundamental analysis module provides a way to measure Forza Petroleum'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 Forza Petroleum pink sheet.
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Forza Petroleum Limited Company Current Ratio Analysis
Forza Petroleum'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 Forza Petroleum Current Ratio | 1.31 X |
Most of Forza Petroleum'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, Forza Petroleum Limited 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).
CompetitionIn accordance with the recently published financial statements, Forza Petroleum Limited has a Current Ratio of 1.31 times. This is 6.43% lower than that of the Oil, Gas & Consumable Fuels sector and 54.36% lower than that of the Energy industry. The current ratio for all United States stocks is 39.35% higher than that of the company.
Forza Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forza Petroleum'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 Forza Petroleum could also be used in its relative valuation, which is a method of valuing Forza Petroleum by comparing valuation metrics of similar companies.Forza Petroleum is currently under evaluation in current ratio category among its peers.
Forza Fundamentals
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0964 | |||
| Profit Margin | 0.29 % | |||
| Operating Margin | 0.51 % | |||
| Current Valuation | 64.01 M | |||
| Shares Outstanding | 600.31 M | |||
| Shares Owned By Insiders | 83.95 % | |||
| Shares Owned By Institutions | 1.43 % | |||
| Price To Earning | 2.11 X | |||
| Price To Book | 0.16 X | |||
| Price To Sales | 0.46 X | |||
| Revenue | 187.8 M | |||
| Gross Profit | 82.61 M | |||
| EBITDA | 79.82 M | |||
| Net Income | 10.27 M | |||
| Cash And Equivalents | 46.08 M | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 5 M | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 1.31 X | |||
| Book Value Per Share | 0.91 X | |||
| Cash Flow From Operations | 51.19 M | |||
| Earnings Per Share | 0.09 X | |||
| Number Of Employees | 15 | |||
| Beta | 1.96 | |||
| Market Capitalization | 93.73 M | |||
| Total Asset | 587.73 M | |||
| Z Score | 10.8 | |||
| Net Asset | 587.73 M |
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in Forza Pink Sheet
If you are still planning to invest in Forza Petroleum check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Forza Petroleum's history and understand the potential risks before investing.
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