World Technology Corp Stock Current Ratio
HLOC Stock | USD 0.30 0.00 0.00% |
World Technology Corp fundamentals help investors to digest information that contributes to World Technology's financial success or failures. It also enables traders to predict the movement of World Pink Sheet. The fundamental analysis module provides a way to measure World 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 World Technology pink sheet.
World |
World Technology Corp Company Current Ratio Analysis
World 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 World Technology Current Ratio | 0.39 X |
Most of World 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, World Technology Corp 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, World Technology Corp has a Current Ratio of 0.39 times. This is 86.22% lower than that of the Technology sector and 90.67% lower than that of the Consumer Electronics industry. The current ratio for all United States stocks is 81.94% higher than that of the company.
World Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses World Technology'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 World Technology could also be used in its relative valuation, which is a method of valuing World Technology by comparing valuation metrics of similar companies.World Technology is currently under evaluation in current ratio category among its peers.
World Fundamentals
Return On Equity | -4.11 | |||
Return On Asset | 0.37 | |||
Profit Margin | (0.09) % | |||
Operating Margin | 0.13 % | |||
Current Valuation | 104.06 M | |||
Shares Outstanding | 86.71 M | |||
Price To Sales | 13.77 X | |||
Revenue | 5.03 M | |||
Gross Profit | 2.27 M | |||
EBITDA | (1.58 M) | |||
Net Income | (1.92 M) | |||
Cash And Equivalents | 302.77 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 943.39 K | |||
Current Ratio | 0.39 X | |||
Book Value Per Share | (0.02) X | |||
Cash Flow From Operations | (881.43 K) | |||
Earnings Per Share | (0.02) X | |||
Beta | 1.91 | |||
Market Capitalization | 105.79 M | |||
Total Asset | 615.22 K | |||
Z Score | 68.59 | |||
Net Asset | 615.22 K |
About World Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze World Technology Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of World Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of World Technology Corp 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in World Pink Sheet
World Technology financial ratios help investors to determine whether World Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in World with respect to the benefits of owning World Technology security.