Eco Growth Strategies Stock Current Ratio

ECGS Stock  USD 0.04  0  5.26%   
Eco Growth Strategies fundamentals help investors to digest information that contributes to Eco Growth's financial success or failures. It also enables traders to predict the movement of Eco Pink Sheet. The fundamental analysis module provides a way to measure Eco Growth'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 Eco Growth pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Eco Growth Strategies Company Current Ratio Analysis

Eco Growth'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 Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Eco Growth Current Ratio

    
  0.91 X  
Most of Eco Growth'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, Eco Growth Strategies 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, Eco Growth Strategies has a Current Ratio of 0.91 times. This is 68.73% lower than that of the Healthcare sector and significantly higher than that of the Drug Manufacturers—Specialty & Generic industry. The current ratio for all United States stocks is 57.87% higher than that of the company.

Eco Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eco Growth'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 Eco Growth could also be used in its relative valuation, which is a method of valuing Eco Growth by comparing valuation metrics of similar companies.
Eco Growth is currently under evaluation in current ratio category among its peers.

Eco Fundamentals

About Eco Growth Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eco Growth Strategies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eco Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eco Growth Strategies 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

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Eco Pink Sheet Analysis

When running Eco Growth's price analysis, check to measure Eco Growth'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 Eco Growth is operating at the current time. Most of Eco Growth's value examination focuses on studying past and present price action to predict the probability of Eco Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eco Growth's price. Additionally, you may evaluate how the addition of Eco Growth to your portfolios can decrease your overall portfolio volatility.