White River Energy Stock Current Ratio
White River Energy fundamentals help investors to digest information that contributes to White River's financial success or failures. It also enables traders to predict the movement of White OTC Stock. The fundamental analysis module provides a way to measure White River'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 White River otc stock.
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White River Energy OTC Stock Current Ratio Analysis
White River'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 White River Current Ratio | 1.81 X |
Most of White River'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, White River Energy 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).
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In accordance with the recently published financial statements, White River Energy has a Current Ratio of 1.81 times. This is 29.29% higher than that of the Energy sector and 20.96% lower than that of the Oil & Gas Drilling industry. The current ratio for all United States stocks is 16.2% higher than that of the company.
White Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses White River's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of White River could also be used in its relative valuation, which is a method of valuing White River by comparing valuation metrics of similar companies.White River is currently under evaluation in current ratio category among its peers.
White Fundamentals
| Return On Equity | -3.72 | |||
| Return On Asset | -1.71 | |||
| Current Valuation | 8.29 M | |||
| Shares Outstanding | 8.4 M | |||
| Shares Owned By Insiders | 48.34 % | |||
| Price To Book | 169.45 X | |||
| Price To Sales | 5,283 X | |||
| EBITDA | (2.28 M) | |||
| Net Income | (2.28 M) | |||
| Cash And Equivalents | 33.49 K | |||
| Current Ratio | 1.81 X | |||
| Book Value Per Share | 0.86 X | |||
| Cash Flow From Operations | (543.39 K) | |||
| Beta | 2.63 | |||
| Market Capitalization | 21 M | |||
| Total Asset | 364.92 K | |||
| Z Score | -19.8 | |||
| Net Asset | 364.92 K |
About White River Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze White River Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of White River using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of White River Energy based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 White OTC Stock Analysis
When running White River's price analysis, check to measure White River'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 White River is operating at the current time. Most of White River's value examination focuses on studying past and present price action to predict the probability of White River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move White River's price. Additionally, you may evaluate how the addition of White River to your portfolios can decrease your overall portfolio volatility.