Essential Energy Services Stock Current Ratio

EEYUFDelisted Stock  USD 0.28  0.00  0.00%   
Essential Energy Services fundamentals help investors to digest information that contributes to Essential Energy's financial success or failures. It also enables traders to predict the movement of Essential Pink Sheet. The fundamental analysis module provides a way to measure Essential 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 Essential Energy 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.

Essential Energy Services Company Current Ratio Analysis

Essential 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 Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Essential Energy Current Ratio

    
  3.15 X  
Most of Essential 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, Essential Energy Services 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, Essential Energy Services has a Current Ratio of 3.15 times. This is 125.0% higher than that of the Energy Equipment & Services sector and 8.62% higher than that of the Energy industry. The current ratio for all United States stocks is 45.83% lower than that of the firm.

Essential Current Ratio Peer Comparison

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

Essential Fundamentals

About Essential Energy Fundamental Analysis

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

Currently Active Assets on Macroaxis

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Other Consideration for investing in Essential Pink Sheet

If you are still planning to invest in Essential Energy Services check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Essential Energy's history and understand the potential risks before investing.
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