Sarama Resource Stock Current Ratio
SWA Stock | CAD 0.03 0.01 14.29% |
Sarama Resource fundamentals help investors to digest information that contributes to Sarama Resource's financial success or failures. It also enables traders to predict the movement of Sarama Stock. The fundamental analysis module provides a way to measure Sarama Resource'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 Sarama Resource stock.
Last Reported | Projected for Next Year | ||
Current Ratio | 0.53 | 0.50 |
Sarama | Current Ratio |
Sarama Resource Company Current Ratio Analysis
Sarama Resource'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 Sarama Resource Current Ratio | 1.14 X |
Most of Sarama Resource'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, Sarama Resource is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sarama Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Sarama Resource is extremely important. It helps to project a fair market value of Sarama Stock properly, considering its historical fundamentals such as Current Ratio. Since Sarama Resource'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 Sarama Resource'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 Sarama Resource's interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
Sarama Discontinued Operations
Discontinued Operations |
|
In accordance with the recently published financial statements, Sarama Resource has a Current Ratio of 1.14 times. This is 70.23% lower than that of the Metals & Mining sector and 90.68% lower than that of the Materials industry. The current ratio for all Canada stocks is 47.22% higher than that of the company.
Sarama Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sarama Resource'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 Sarama Resource could also be used in its relative valuation, which is a method of valuing Sarama Resource by comparing valuation metrics of similar companies.Sarama Resource is currently under evaluation in current ratio category among its peers.
Sarama Resource Current Valuation Drivers
We derive many important indicators used in calculating different scores of Sarama Resource from analyzing Sarama Resource's financial statements. These drivers represent accounts that assess Sarama Resource's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sarama Resource's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 4.1M | 20.9M | 12.3M | 12.1M | 10.9M | 5.7M | |
Enterprise Value | 1.9M | 19.3M | 11.5M | 11.3M | 10.2M | 10.7M |
Sarama Fundamentals
Return On Equity | -1.14 | ||||
Return On Asset | -0.46 | ||||
Current Valuation | 10.67 M | ||||
Shares Outstanding | 322.94 M | ||||
Shares Owned By Insiders | 3.43 % | ||||
Shares Owned By Institutions | 7.83 % | ||||
Number Of Shares Shorted | 208 | ||||
Price To Earning | 10.50 X | ||||
Price To Book | 6.60 X | ||||
Price To Sales | 10.77 X | ||||
Gross Profit | 244.26 K | ||||
EBITDA | (2.06 M) | ||||
Net Income | (2.48 M) | ||||
Cash And Equivalents | 225.88 K | ||||
Total Debt | 22.14 K | ||||
Current Ratio | 1.14 X | ||||
Book Value Per Share | 0.01 X | ||||
Cash Flow From Operations | (1.9 M) | ||||
Earnings Per Share | (0.01) X | ||||
Target Price | 0.22 | ||||
Beta | 1.72 | ||||
Market Capitalization | 9.69 M | ||||
Total Asset | 2.46 M | ||||
Retained Earnings | (62.79 M) | ||||
Working Capital | (501.74 K) | ||||
Current Asset | 2 M | ||||
Current Liabilities | 3 M | ||||
Net Asset | 2.46 M |
About Sarama Resource Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sarama Resource's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sarama Resource using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sarama Resource 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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Sarama Stock Analysis
When running Sarama Resource's price analysis, check to measure Sarama Resource'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 Sarama Resource is operating at the current time. Most of Sarama Resource's value examination focuses on studying past and present price action to predict the probability of Sarama Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sarama Resource's price. Additionally, you may evaluate how the addition of Sarama Resource to your portfolios can decrease your overall portfolio volatility.