Zicix Corp Stock Current Ratio
ZICX Stock | USD 0.0006 0.00 0.00% |
Zicix Corp fundamentals help investors to digest information that contributes to Zicix Corp's financial success or failures. It also enables traders to predict the movement of Zicix Pink Sheet. The fundamental analysis module provides a way to measure Zicix Corp'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 Zicix Corp pink sheet.
Zicix |
Zicix Corp Company Current Ratio Analysis
Zicix Corp'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 Zicix Corp Current Ratio | 1.21 X |
Most of Zicix Corp'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, Zicix 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, Zicix Corp has a Current Ratio of 1.21 times. This is 57.24% lower than that of the Technology sector and significantly higher than that of the Software—Application industry. The current ratio for all United States stocks is 43.98% higher than that of the company.
Zicix Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zicix Corp'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 Zicix Corp could also be used in its relative valuation, which is a method of valuing Zicix Corp by comparing valuation metrics of similar companies.Zicix Corp is currently under evaluation in current ratio category among its peers.
Zicix Fundamentals
Return On Asset | -0.0216 | |||
Current Valuation | 5.76 M | |||
Shares Outstanding | 596.37 M | |||
Price To Earning | 0.19 X | |||
Revenue | 230.88 K | |||
EBITDA | (14.62 K) | |||
Net Income | (63.45 K) | |||
Cash And Equivalents | 77 | |||
Total Debt | 38.25 K | |||
Current Ratio | 1.21 X | |||
Cash Flow From Operations | (26.72 K) | |||
Beta | 0.25 | |||
Market Capitalization | 1.01 M | |||
Z Score | 15.6 |
About Zicix Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zicix Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zicix Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zicix 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.
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When running Zicix Corp's price analysis, check to measure Zicix Corp'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 Zicix Corp is operating at the current time. Most of Zicix Corp's value examination focuses on studying past and present price action to predict the probability of Zicix Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zicix Corp's price. Additionally, you may evaluate how the addition of Zicix Corp to your portfolios can decrease your overall portfolio volatility.