Xtra Energy Corp Stock Current Ratio
XTPT Stock | USD 0.18 0.01 5.88% |
Xtra Energy Corp fundamentals help investors to digest information that contributes to Xtra Energy's financial success or failures. It also enables traders to predict the movement of Xtra Pink Sheet. The fundamental analysis module provides a way to measure Xtra Energy'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 Xtra Energy pink sheet.
Xtra |
Xtra Energy Corp Company Current Ratio Analysis
Xtra Energy'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 Xtra Energy Current Ratio | 1.08 X |
Most of Xtra Energy'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, Xtra Energy Corp 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, Xtra Energy Corp has a Current Ratio of 1.08 times. This is 73.33% lower than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The current ratio for all United States stocks is 50.0% higher than that of the company.
Xtra Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Xtra Energy'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 Xtra Energy could also be used in its relative valuation, which is a method of valuing Xtra Energy by comparing valuation metrics of similar companies.Xtra Energy is currently under evaluation in current ratio category among its peers.
Xtra Fundamentals
Return On Equity | 0.0172 | |||
Return On Asset | 0.0136 | |||
Profit Margin | 0.17 % | |||
Operating Margin | 0.24 % | |||
Current Valuation | 780.5 K | |||
Shares Outstanding | 201.35 M | |||
Price To Sales | 57.56 X | |||
Gross Profit | 559.33 K | |||
Net Income | (1 K) | |||
Cash And Equivalents | 427.6 K | |||
Current Ratio | 1.08 X | |||
Book Value Per Share | 0.03 X | |||
Cash Flow From Operations | (76.95 K) | |||
Beta | 2.03 | |||
Market Capitalization | 21.51 M | |||
Total Asset | 75 K | |||
Net Asset | 75 K |
About Xtra Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Xtra Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Xtra Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Xtra Energy Corp 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
Additional Tools for Xtra Pink Sheet Analysis
When running Xtra Energy's price analysis, check to measure Xtra Energy'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 Xtra Energy is operating at the current time. Most of Xtra Energy's value examination focuses on studying past and present price action to predict the probability of Xtra Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xtra Energy's price. Additionally, you may evaluate how the addition of Xtra Energy to your portfolios can decrease your overall portfolio volatility.