Standard Uranium Stock Current Ratio
| STND Stock | CAD 0.06 0.01 10.00% |
Standard Uranium fundamentals help investors to digest information that contributes to Standard Uranium's financial success or failures. It also enables traders to predict the movement of Standard Stock. The fundamental analysis module provides a way to measure Standard Uranium'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 Standard Uranium stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 2.11 | 3.86 |
Standard | Current Ratio |
Standard Uranium Company Current Ratio Analysis
Standard Uranium'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 Standard Uranium Current Ratio | 13.16 X |
Most of Standard Uranium'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, Standard Uranium is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Standard Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Standard Uranium is extremely important. It helps to project a fair market value of Standard Stock properly, considering its historical fundamentals such as Current Ratio. Since Standard Uranium'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 Standard Uranium'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 Standard Uranium's interrelated accounts and indicators.
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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 |
In accordance with the recently published financial statements, Standard Uranium has a Current Ratio of 13.16 times. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The current ratio for all Canada stocks is notably lower than that of the firm.
Standard Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Standard Uranium'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 Standard Uranium could also be used in its relative valuation, which is a method of valuing Standard Uranium by comparing valuation metrics of similar companies.Standard Uranium is rated fourth in current ratio category among its peers.
Standard Uranium Current Valuation Drivers
We derive many important indicators used in calculating different scores of Standard Uranium from analyzing Standard Uranium's financial statements. These drivers represent accounts that assess Standard Uranium's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Standard Uranium's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Enterprise Value | 9.5M | 15.7M | 15.6M | 5.7M | 11.0M | 8.9M |
Standard Fundamentals
| Return On Equity | -0.23 | ||||
| Return On Asset | -0.0662 | ||||
| Current Valuation | 3.01 M | ||||
| Shares Outstanding | 53.35 M | ||||
| Shares Owned By Insiders | 1.54 % | ||||
| Shares Owned By Institutions | 4.49 % | ||||
| Number Of Shares Shorted | 26.52 K | ||||
| Price To Book | 0.20 X | ||||
| EBITDA | (1.99 M) | ||||
| Net Income | (3.37 M) | ||||
| Cash And Equivalents | 3.83 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 929.77 K | ||||
| Current Ratio | 13.16 X | ||||
| Book Value Per Share | 0.32 X | ||||
| Cash Flow From Operations | (1.33 M) | ||||
| Short Ratio | 3.05 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Beta | 2.51 | ||||
| Market Capitalization | 2.93 M | ||||
| Total Asset | 16.04 M | ||||
| Retained Earnings | (9.96 M) | ||||
| Working Capital | 605.6 K | ||||
| Net Asset | 16.04 M |
About Standard Uranium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Standard Uranium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Standard Uranium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Standard Uranium 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 Standard Stock Analysis
When running Standard Uranium's price analysis, check to measure Standard Uranium'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 Standard Uranium is operating at the current time. Most of Standard Uranium's value examination focuses on studying past and present price action to predict the probability of Standard Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard Uranium's price. Additionally, you may evaluate how the addition of Standard Uranium to your portfolios can decrease your overall portfolio volatility.