Namib Minerals Ordinary Stock Current Ratio

NAMM Stock   1.18  0.01  0.84%   
Fundamental analysis of Namib Minerals allows traders to better anticipate movements in Namib Minerals' stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Namib Minerals Ordinary Company Current Ratio Analysis

Namib 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
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, Namib Minerals Ordinary has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Gold industry. The current ratio for all United States stocks is 100.0% higher than that of the company.

Namib Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Namib Minerals' 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 Namib Minerals could also be used in its relative valuation, which is a method of valuing Namib Minerals by comparing valuation metrics of similar companies.
Namib Minerals is currently under evaluation in current ratio category among its peers.

Namib Fundamentals

About Namib Minerals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Namib Minerals Ordinary's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Namib Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Namib Minerals Ordinary 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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When determining whether Namib Minerals Ordinary is a strong investment it is important to analyze Namib Minerals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Namib Minerals' future performance. For an informed investment choice regarding Namib Stock, refer to the following important reports:
Check out Namib Minerals Piotroski F Score and Namib Minerals Altman Z Score analysis.
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Is Gold space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Namib Minerals. If investors know Namib will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Namib Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Namib Minerals Ordinary is measured differently than its book value, which is the value of Namib that is recorded on the company's balance sheet. Investors also form their own opinion of Namib Minerals' value that differs from its market value or its book value, called intrinsic value, which is Namib Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Namib Minerals' market value can be influenced by many factors that don't directly affect Namib Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Namib Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Namib Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Namib Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.