Happy Creek Minerals Stock Current Ratio
| HPY Stock | CAD 0.07 0.01 16.67% |
Happy Creek Minerals fundamentals help investors to digest information that contributes to Happy Creek's financial success or failures. It also enables traders to predict the movement of Happy Stock. The fundamental analysis module provides a way to measure Happy Creek'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 Happy Creek stock.
Happy | Current Ratio |
Happy Creek Minerals Company Current Ratio Analysis
Happy Creek'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 Happy Creek Current Ratio | 11.57 X |
Most of Happy Creek'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, Happy Creek Minerals 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, Happy Creek Minerals has a Current Ratio of 11.57 times. This is 202.09% higher than that of the Metals & Mining sector and 192.17% higher than that of the Materials industry. The current ratio for all Canada stocks is notably lower than that of the firm.
Happy Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Happy Creek'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 Happy Creek could also be used in its relative valuation, which is a method of valuing Happy Creek by comparing valuation metrics of similar companies.Happy Creek is currently under evaluation in current ratio category among its peers.
Happy Fundamentals
| Return On Equity | -0.0366 | ||||
| Return On Asset | -0.028 | ||||
| Current Valuation | 9.48 M | ||||
| Shares Outstanding | 147.52 M | ||||
| Shares Owned By Insiders | 33.06 % | ||||
| Shares Owned By Institutions | 9.39 % | ||||
| Number Of Shares Shorted | 429 | ||||
| Price To Earning | (30.00) X | ||||
| Price To Book | 0.54 X | ||||
| Price To Sales | 1,965 X | ||||
| Gross Profit | 1.41 K | ||||
| EBITDA | (188.27 K) | ||||
| Net Income | (637.3 K) | ||||
| Cash And Equivalents | 797.96 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 1.09 M | ||||
| Current Ratio | 11.57 X | ||||
| Book Value Per Share | 0.13 X | ||||
| Cash Flow From Operations | (341.3 K) | ||||
| Short Ratio | 0.01 X | ||||
| Beta | -0.49 | ||||
| Market Capitalization | 9.59 M | ||||
| Total Asset | 18.48 M | ||||
| Retained Earnings | (10.36 M) | ||||
| Working Capital | (74.34 K) | ||||
| Net Asset | 18.48 M |
About Happy Creek Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Happy Creek Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Happy Creek using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Happy Creek Minerals 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 Happy Stock Analysis
When running Happy Creek's price analysis, check to measure Happy Creek'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 Happy Creek is operating at the current time. Most of Happy Creek's value examination focuses on studying past and present price action to predict the probability of Happy Creek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Happy Creek's price. Additionally, you may evaluate how the addition of Happy Creek to your portfolios can decrease your overall portfolio volatility.