Orex Minerals Stock Current Ratio

ORMNF Stock  USD 0.16  0.04  33.33%   
Fundamental analysis of Orex Minerals allows traders to better anticipate movements in Orex Minerals' stock price by examining its financial health and performance throughout various phases of its business cycle.
  
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Orex Minerals OTC Stock Current Ratio Analysis

Orex Minerals' 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 Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Orex Minerals Current Ratio

    
  35.58 X  
Most of Orex Minerals' 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, Orex Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, Orex Minerals has a Current Ratio of 35.58 times. This is much higher than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The current ratio for all United States stocks is notably lower than that of the firm.

Orex Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Orex Minerals' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Orex Minerals could also be used in its relative valuation, which is a method of valuing Orex Minerals by comparing valuation metrics of similar companies.
Orex Minerals is currently under evaluation in current ratio category among its peers.

Orex Fundamentals

About Orex Minerals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Orex Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Orex Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Orex Minerals based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Other Information on Investing in Orex OTC Stock

Orex Minerals financial ratios help investors to determine whether Orex OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Orex with respect to the benefits of owning Orex Minerals security.