Carrier Connect Data Stock Current Ratio
| CCDS Stock | 1.48 0.02 1.33% |
Fundamental analysis of Carrier Connect allows traders to better anticipate movements in Carrier Connect's stock price by examining its financial health and performance throughout various phases of its business cycle.
Carrier |
Carrier Connect Data Company Current Ratio Analysis
Carrier Connect'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.
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, Carrier Connect Data has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Technology sector and 100.0% lower than that of the Information Technology Services industry. The current ratio for all Canada stocks is 100.0% higher than that of the company.
Carrier Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Carrier Connect'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 Carrier Connect could also be used in its relative valuation, which is a method of valuing Carrier Connect by comparing valuation metrics of similar companies.Carrier Connect is currently under evaluation in current ratio category among its peers.
Carrier Fundamentals
| Return On Equity | -1.0 | ||||
| Return On Asset | -0.16 | ||||
| Profit Margin | (1.70) % | ||||
| Operating Margin | (1.20) % | ||||
| Current Valuation | 32.52 M | ||||
| Shares Outstanding | 19.6 M | ||||
| Shares Owned By Insiders | 24.68 % | ||||
| Shares Owned By Institutions | 6.52 % | ||||
| Number Of Shares Shorted | 862 | ||||
| Price To Book | 16.04 X | ||||
| Price To Sales | 54.78 X | ||||
| Revenue | 536.58 K | ||||
| Gross Profit | 166.8 K | ||||
| EBITDA | (950.05 K) | ||||
| Book Value Per Share | 0.14 X | ||||
| Short Ratio | 0.02 X | ||||
| Earnings Per Share | (0.07) X | ||||
| Market Capitalization | 29.39 M |
About Carrier Connect Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Carrier Connect Data's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Carrier Connect using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Carrier Connect Data 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 Carrier Stock Analysis
When running Carrier Connect's price analysis, check to measure Carrier Connect'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 Carrier Connect is operating at the current time. Most of Carrier Connect's value examination focuses on studying past and present price action to predict the probability of Carrier Connect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrier Connect's price. Additionally, you may evaluate how the addition of Carrier Connect to your portfolios can decrease your overall portfolio volatility.