Forza Innovations Stock Current Ratio
FORZ Stock | USD 0.0001 0.00 0.00% |
Forza Innovations fundamentals help investors to digest information that contributes to Forza Innovations' financial success or failures. It also enables traders to predict the movement of Forza Pink Sheet. The fundamental analysis module provides a way to measure Forza Innovations' 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 Forza Innovations pink sheet.
Forza |
Forza Innovations Company Current Ratio Analysis
Forza Innovations' 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 Forza Innovations Current Ratio | 0.17 X |
Most of Forza Innovations' 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, Forza Innovations 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, Forza Innovations has a Current Ratio of 0.17 times. This is 94.16% lower than that of the Healthcare sector and 95.0% lower than that of the Medical Devices industry. The current ratio for all United States stocks is 92.13% higher than that of the company.
Forza Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forza Innovations' 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 Forza Innovations could also be used in its relative valuation, which is a method of valuing Forza Innovations by comparing valuation metrics of similar companies.Forza Innovations is currently under evaluation in current ratio category among its peers.
Forza Fundamentals
Return On Asset | -2.92 | |||
Operating Margin | (26.62) % | |||
Current Valuation | 1.45 M | |||
Shares Outstanding | 791.49 M | |||
Shares Owned By Insiders | 34.16 % | |||
Price To Sales | 7.43 X | |||
Revenue | 25.87 K | |||
Gross Profit | 23.08 K | |||
EBITDA | (2.14 M) | |||
Net Income | (2.7 M) | |||
Cash And Equivalents | 295.91 K | |||
Total Debt | 947.25 K | |||
Current Ratio | 0.17 X | |||
Book Value Per Share | (0) X | |||
Cash Flow From Operations | (712.14 K) | |||
Earnings Per Share | (0.01) X | |||
Beta | 4.77 | |||
Market Capitalization | 316.59 K | |||
Total Asset | 462.56 K | |||
Z Score | -13.2 | |||
Net Asset | 462.56 K |
About Forza Innovations Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Forza Innovations's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forza Innovations using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forza Innovations 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 Forza Innovations' price analysis, check to measure Forza Innovations' 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 Forza Innovations is operating at the current time. Most of Forza Innovations' value examination focuses on studying past and present price action to predict the probability of Forza Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forza Innovations' price. Additionally, you may evaluate how the addition of Forza Innovations to your portfolios can decrease your overall portfolio volatility.