Wag Group Co Stock Current Ratio
| PET Stock | USD 0.21 0.02 8.70% |
Wag Group Co fundamentals help investors to digest information that contributes to Wag Group's financial success or failures. It also enables traders to predict the movement of Wag Stock. The fundamental analysis module provides a way to measure Wag Group'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 Wag Group stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.73 | 2.34 |
Wag | Current Ratio |
Wag Group Co Company Current Ratio Analysis
Wag Group'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 Wag Group Current Ratio | 1.82 X |
Most of Wag Group'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, Wag Group Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Wag Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Wag Group is extremely important. It helps to project a fair market value of Wag Stock properly, considering its historical fundamentals such as Current Ratio. Since Wag Group'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 Wag Group'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 Wag Group's interrelated accounts and indicators.
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Wag Current Ratio Historical Pattern
Today, most investors in Wag Group Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Wag Group'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 Wag Group current ratio as a starting point in their analysis.
Wag Group 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).
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Wag Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Wag Group Co has a Current Ratio of 1.82 times. This is 35.69% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The current ratio for all United States stocks is 15.74% higher than that of the company.
Wag Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wag Group'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 Wag Group could also be used in its relative valuation, which is a method of valuing Wag Group by comparing valuation metrics of similar companies.Wag Group is currently under evaluation in current ratio category among its peers.
Wag Fundamentals
| Return On Equity | -7.46 | ||||
| Return On Asset | -0.0637 | ||||
| Profit Margin | (0.14) % | ||||
| Operating Margin | (0.03) % | ||||
| Current Valuation | 23.52 M | ||||
| Shares Outstanding | 48.81 M | ||||
| Shares Owned By Insiders | 13.05 % | ||||
| Shares Owned By Institutions | 56.49 % | ||||
| Number Of Shares Shorted | 3.42 M | ||||
| Price To Book | 4.74 X | ||||
| Price To Sales | 0.16 X | ||||
| Revenue | 83.92 M | ||||
| Gross Profit | 39.82 M | ||||
| EBITDA | (4.69 M) | ||||
| Net Income | (13.32 M) | ||||
| Cash And Equivalents | 9.4 M | ||||
| Cash Per Share | 1.49 X | ||||
| Total Debt | 28.62 M | ||||
| Debt To Equity | 0.15 % | ||||
| Current Ratio | 1.82 X | ||||
| Book Value Per Share | (0.04) X | ||||
| Cash Flow From Operations | (6.46 M) | ||||
| Short Ratio | 16.39 X | ||||
| Earnings Per Share | (0.31) X | ||||
| Target Price | 2.38 | ||||
| Number Of Employees | 84 | ||||
| Beta | 1.28 | ||||
| Market Capitalization | 32.01 M | ||||
| Total Asset | 46.7 M | ||||
| Retained Earnings | (161.73 M) | ||||
| Working Capital | 13.38 M | ||||
| Net Asset | 46.7 M |
About Wag Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wag Group Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wag Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wag Group Co 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 Wag Stock Analysis
When running Wag Group's price analysis, check to measure Wag Group'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 Wag Group is operating at the current time. Most of Wag Group's value examination focuses on studying past and present price action to predict the probability of Wag Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wag Group's price. Additionally, you may evaluate how the addition of Wag Group to your portfolios can decrease your overall portfolio volatility.