Global X Psychedelic Etf Current Ratio

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).

In accordance with the recently published financial statements, Global X Psychedelic has a Current Ratio of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Current Ratio (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).

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

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 manufacturing. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

If you are still planning to invest in Global X Psychedelic 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 Global X's history and understand the potential risks before investing.