Jetblack Corp Stock Current Ratio
| JTBK Stock | USD 0 0.0009 33.33% |
Jetblack Corp fundamentals help investors to digest information that contributes to Jetblack Corp's financial success or failures. It also enables traders to predict the movement of Jetblack Pink Sheet. The fundamental analysis module provides a way to measure Jetblack Corp'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 Jetblack Corp pink sheet.
Jetblack |
Jetblack Corp Company Current Ratio Analysis
Jetblack Corp'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 Jetblack Corp Current Ratio | 0.29 X |
Most of Jetblack Corp'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, Jetblack Corp 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, Jetblack Corp has a Current Ratio of 0.29 times. This is 92.84% lower than that of the Financial Services sector and 91.42% lower than that of the Capital Markets industry. The current ratio for all United States stocks is 86.57% higher than that of the company.
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Jetblack Fundamentals
| Current Valuation | 6.15 M | |||
| Shares Outstanding | 615.42 M | |||
| Price To Book | 1,081 X | |||
| EBITDA | (179.99 K) | |||
| Net Income | (320.42 K) | |||
| Cash And Equivalents | 3.57 K | |||
| Debt To Equity | 0.68 % | |||
| Current Ratio | 0.29 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (129.07 K) | |||
| Beta | 8.2 | |||
| Market Capitalization | 6.15 M | |||
| Total Asset | 192 K | |||
| Retained Earnings | (256 K) | |||
| Working Capital | (53 K) | |||
| Current Liabilities | 53 K | |||
| Z Score | -1.4 | |||
| Net Asset | 192 K |
About Jetblack Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Jetblack Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jetblack Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jetblack Corp 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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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jetblack Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Jetblack Corp information on this page should be used as a complementary analysis to other Jetblack Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Jetblack Pink Sheet analysis
When running Jetblack Corp's price analysis, check to measure Jetblack Corp'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 Jetblack Corp is operating at the current time. Most of Jetblack Corp's value examination focuses on studying past and present price action to predict the probability of Jetblack Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jetblack Corp's price. Additionally, you may evaluate how the addition of Jetblack Corp to your portfolios can decrease your overall portfolio volatility.
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