Gorilla Technology Group Stock Current Ratio

GRRRW Stock  USD 0.17  0.02  10.53%   
Gorilla Technology Group fundamentals help investors to digest information that contributes to Gorilla Technology's financial success or failures. It also enables traders to predict the movement of Gorilla Stock. The fundamental analysis module provides a way to measure Gorilla Technology'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 Gorilla Technology stock.
Last ReportedProjected for Next Year
Current Ratio 1.43  1.88 
Current Ratio is likely to climb to 1.88 in 2024.
  
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Gorilla Technology Group Company Current Ratio Analysis

Gorilla Technology'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 Gorilla Technology Current Ratio

    
  1.88  
Most of Gorilla Technology'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, Gorilla Technology Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Gorilla Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Gorilla Technology is extremely important. It helps to project a fair market value of Gorilla Stock properly, considering its historical fundamentals such as Current Ratio. Since Gorilla Technology's 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 Gorilla Technology's 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 Gorilla Technology's interrelated accounts and indicators.
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Gorilla Current Ratio Historical Pattern

Today, most investors in Gorilla Technology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Gorilla Technology's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Gorilla Technology current ratio as a starting point in their analysis.
   Gorilla Technology Current Ratio   
       Timeline  
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

Gorilla Price To Sales Ratio

Price To Sales Ratio

0.67

At this time, Gorilla Technology's Price To Sales Ratio is fairly stable compared to the past year.

Gorilla Current Ratio Peer Comparison

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

Gorilla Fundamentals

About Gorilla Technology Fundamental Analysis

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

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