Surge Battery Current Ratio vs. Price To Book
| NILI Stock | CAD 0.35 0.01 2.94% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 33.69887017 | Current Value 35.38 | Quarterly Volatility 11.91090072 |
For Surge Battery profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Surge Battery to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Surge Battery Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Surge Battery's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Surge Battery Metals over time as well as its relative position and ranking within its peers.
Surge |
Surge Battery Metals Price To Book vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Surge Battery's current stock value. Our valuation model uses many indicators to compare Surge Battery value to that of its competitors to determine the firm's financial worth. Surge Battery Metals is considered to be number one stock in current ratio category among its peers. It is regarded third in price to book category among its peers fabricating about 0.04 of Price To Book per Current Ratio. The ratio of Current Ratio to Price To Book for Surge Battery Metals is roughly 23.81 . At this time, Surge Battery's Current Ratio is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Surge Battery's earnings, one of the primary drivers of an investment's value.Surge Price To Book vs. Current Ratio
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.
Surge Battery |
| = | 90.09 X |
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).
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Surge Battery |
| = | 3.78 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Surge Price To Book Comparison
Surge Battery is currently under evaluation in price to book category among its peers.
Surge Battery Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Surge Battery, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Surge Battery will eventually generate negative long term returns. The profitability progress is the general direction of Surge Battery's change in net profit over the period of time. It can combine multiple indicators of Surge Battery, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Loss | -1.9 M | -1.8 M | |
| Net Interest Income | 170.1 K | 178.6 K | |
| Operating Income | -9.1 M | -8.6 M | |
| Net Loss | -8.9 M | -8.5 M | |
| Income Before Tax | -8.9 M | -8.5 M | |
| Total Other Income Expense Net | -8.2 K | -8.6 K | |
| Net Loss | -8.9 M | -8.5 M | |
| Interest Income | 170.1 K | 93.6 K | |
| Change To Netincome | 729 K | 765.4 K | |
| Net Loss | (0.07) | (0.07) | |
| Income Quality | 0.41 | 0.39 | |
| Net Income Per E B T | 0.90 | 0.94 |
Surge Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Surge Battery. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Surge Battery position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Surge Battery's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Surge Battery without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Idea Analyzer Now
Idea AnalyzerAnalyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |
| All Next | Launch Module |
Use Investing Themes to Complement your Surge Battery position
In addition to having Surge Battery in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Consumption Thematic Idea Now
Consumption
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumption Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Surge Stock Analysis
When running Surge Battery's price analysis, check to measure Surge Battery'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 Surge Battery is operating at the current time. Most of Surge Battery's value examination focuses on studying past and present price action to predict the probability of Surge Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Battery's price. Additionally, you may evaluate how the addition of Surge Battery to your portfolios can decrease your overall portfolio volatility.