Golden Tag Resources Stock Current Ratio
| GTAGFDelisted Stock | USD 0.09 0.00 0.00% |
Golden Tag Resources fundamentals help investors to digest information that contributes to Golden Tag's financial success or failures. It also enables traders to predict the movement of Golden Pink Sheet. The fundamental analysis module provides a way to measure Golden Tag'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 Golden Tag pink sheet.
Golden |
Golden Tag Resources Company Current Ratio Analysis
Golden Tag'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 Golden Tag Current Ratio | 64.82 X |
Most of Golden Tag'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, Golden Tag Resources 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).
CompetitionIn accordance with the recently published financial statements, Golden Tag Resources has a Current Ratio of 64 times. This is much higher than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The current ratio for all United States stocks is notably lower than that of the firm.
Golden Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Golden Tag'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 Golden Tag could also be used in its relative valuation, which is a method of valuing Golden Tag by comparing valuation metrics of similar companies.Golden Tag is currently under evaluation in current ratio category among its peers.
Golden Fundamentals
| Return On Equity | -0.55 | |||
| Return On Asset | -0.34 | |||
| Current Valuation | 30.68 M | |||
| Shares Outstanding | 216.32 M | |||
| Shares Owned By Insiders | 25.31 % | |||
| Shares Owned By Institutions | 0.10 % | |||
| Price To Earning | 13.25 X | |||
| Price To Book | 7.01 X | |||
| Gross Profit | (2.23 M) | |||
| EBITDA | (4.75 M) | |||
| Net Income | (4.8 M) | |||
| Cash And Equivalents | 7.42 M | |||
| Cash Per Share | 0.03 X | |||
| Current Ratio | 64.82 X | |||
| Book Value Per Share | 0.03 X | |||
| Cash Flow From Operations | (4.66 M) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 2.28 | |||
| Market Capitalization | 36.6 M | |||
| Total Asset | 6.55 M | |||
| Net Asset | 6.55 M |
About Golden Tag Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Golden Tag Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Tag using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Tag Resources 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 Risk vs Return Analysis 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 price. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Golden Pink Sheet
If you are still planning to invest in Golden Tag Resources 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 Golden Tag's history and understand the potential risks before investing.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |