Solid Power Stock Current Ratio
| SLDPW Stock | USD 0.11 0.01 8.33% |
Solid Power fundamentals help investors to digest information that contributes to Solid Power's financial success or failures. It also enables traders to predict the movement of Solid Stock. The fundamental analysis module provides a way to measure Solid Power'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 Solid Power stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 11.53 | 17.28 |
Solid | Current Ratio |
Solid Power Company Current Ratio Analysis
Solid Power'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 Solid Power Current Ratio | 24.77 X |
Most of Solid Power'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, Solid Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Solid Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Solid Power is extremely important. It helps to project a fair market value of Solid Stock properly, considering its historical fundamentals such as Current Ratio. Since Solid Power'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 Solid Power'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 Solid Power's interrelated accounts and indicators.
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Solid Current Ratio Historical Pattern
Today, most investors in Solid Power Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Solid Power'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 Solid Power current ratio as a starting point in their analysis.
Solid Power Current Ratio |
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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 |
Solid Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Solid Power has a Current Ratio of 24.77 times. This is much higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The current ratio for all United States stocks is notably lower than that of the firm.
Solid Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Solid Power'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 Solid Power could also be used in its relative valuation, which is a method of valuing Solid Power by comparing valuation metrics of similar companies.Solid Power is currently under evaluation in current ratio category among its peers.
Solid Fundamentals
| Return On Equity | -0.18 | ||||
| Return On Asset | -0.13 | ||||
| Operating Margin | (5.93) % | ||||
| Number Of Shares Shorted | 18.04 K | ||||
| Revenue | 17.41 M | ||||
| EBITDA | (52.72 M) | ||||
| Net Income | (65.55 M) | ||||
| Cash And Equivalents | 109.27 M | ||||
| Cash Per Share | 11.67 X | ||||
| Total Debt | 9.55 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 24.77 X | ||||
| Book Value Per Share | 2.45 X | ||||
| Cash Flow From Operations | (58.26 M) | ||||
| Earnings Per Share | (46.38) X | ||||
| Number Of Employees | 270 | ||||
| Beta | 1.75 | ||||
| Total Asset | 532.79 M | ||||
| Retained Earnings | (84.64 M) | ||||
| Working Capital | 167.24 M | ||||
| Net Asset | 532.79 M |
About Solid Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Solid Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solid Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solid Power 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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When running Solid Power's price analysis, check to measure Solid Power'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 Solid Power is operating at the current time. Most of Solid Power's value examination focuses on studying past and present price action to predict the probability of Solid Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solid Power's price. Additionally, you may evaluate how the addition of Solid Power to your portfolios can decrease your overall portfolio volatility.