Esgl Holdings Limited Stock Current Ratio
| ESGLW Stock | 0.02 0 10.11% |
ESGL Holdings Limited fundamentals help investors to digest information that contributes to ESGL Holdings' financial success or failures. It also enables traders to predict the movement of ESGL Stock. The fundamental analysis module provides a way to measure ESGL Holdings' 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 ESGL Holdings stock.
ESGL | Current Ratio |
ESGL Holdings Limited Company Current Ratio Analysis
ESGL Holdings' 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.
ESGL Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for ESGL Holdings is extremely important. It helps to project a fair market value of ESGL Stock properly, considering its historical fundamentals such as Current Ratio. Since ESGL Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ESGL Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ESGL Holdings' interrelated accounts and indicators.
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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, ESGL Holdings Limited has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Commercial Services & Supplies sector and 100.0% lower than that of the Industrials industry. The current ratio for all United States stocks is 100.0% higher than that of the company.
ESGL Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ESGL Holdings' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ESGL Holdings could also be used in its relative valuation, which is a method of valuing ESGL Holdings by comparing valuation metrics of similar companies.ESGL Holdings is currently under evaluation in current ratio category among its peers.
ESGL Fundamentals
| Return On Equity | -0.25 | ||||
| Return On Asset | -0.0628 | ||||
| Profit Margin | (0.46) % | ||||
| Operating Margin | (0.41) % | ||||
| Number Of Shares Shorted | 15.38 K | ||||
| Revenue | 6.16 M | ||||
| EBITDA | (698.74 K) | ||||
| Net Income | (94.98 M) | ||||
| Total Debt | 5.67 M | ||||
| Book Value Per Share | 0.35 X | ||||
| Cash Flow From Operations | 5.28 M | ||||
| Total Asset | 25.63 M | ||||
| Retained Earnings | (99.99 M) | ||||
| Working Capital | (13.76 M) | ||||
| Net Asset | 25.63 M |
About ESGL Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ESGL Holdings Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ESGL Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ESGL Holdings Limited 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 ESGL Holdings' price analysis, check to measure ESGL Holdings' 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 ESGL Holdings is operating at the current time. Most of ESGL Holdings' value examination focuses on studying past and present price action to predict the probability of ESGL Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESGL Holdings' price. Additionally, you may evaluate how the addition of ESGL Holdings to your portfolios can decrease your overall portfolio volatility.