1847 Goedeker Current Ratio

GOED
 Stock
  

USD 1.24  0.02  1.64%   

1847 Goedeker fundamentals help investors to digest information that contributes to 1847 Goedeker's financial success or failures. It also enables traders to predict the movement of 1847 Goedeker Stock. The fundamental analysis module provides a way to measure 1847 Goedeker'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 1847 Goedeker stock. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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As of July 3, 2022, Current Ratio is expected to decline to 1.05.

1847 Goedeker Current Ratio Analysis

1847 Goedeker'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.

1847 Goedeker Current Ratio

1.05

Share
Current Ratio 
 = 
Current Asset 
Current Liabilities 
More About Current Ratio | All Equity Analysis

Current 1847 Goedeker Current Ratio

    
  1.15 X  
Most of 1847 Goedeker'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, 1847 Goedeker is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

1847 Goedeker Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for 1847 Goedeker is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Current Ratio. Since 1847 Goedeker'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 1847 Goedeker'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 1847 Goedeker's interrelated accounts and indicators.

1847 Goedeker Current Ratio Historical Pattern

Today, most investors in 1847 Goedeker Stock are looking for potential investment opportunities by analyzing not only static indicators but also various 1847 Goedeker's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of 1847 Goedeker current ratio as a starting point in their analysis.
 1847 Goedeker Current Ratio 
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      Timeline 
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).
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1847 Goedeker Net Cash Flow from Operations

Net Cash Flow from Operations

(18.81 Million)

Share
1847 Goedeker Net Cash Flow from Operations is projected to decrease significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at (18.33 Million)
In accordance with the recently published financial statements, 1847 Goedeker has a Current Ratio of 1.15 times. This is 49.34% lower than that of the Consumer Cyclical sector and significantly higher than that of the Internet Retail industry. The current ratio for all United States stocks is 46.76% higher than that of the company.

1847 Goedeker Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 1847 Goedeker'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 1847 Goedeker could also be used in its relative valuation, which is a method of valuing 1847 Goedeker by comparing valuation metrics of similar companies.
1847 Goedeker is currently under evaluation in current ratio category among related companies.

1847 Goedeker Fundamentals

About 1847 Goedeker Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 1847 Goedeker's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 1847 Goedeker using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 1847 Goedeker 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.
Last ReportedProjected for 2022
Current Ratio 1.15  1.05 
1847 Goedeker Inc. operates an e-commerce platform for appliances, furniture, and home goods in the United States. In addition, the company provides appliance installation services and old appliance removal services. 1847 Goedeker Inc. was founded in 1951 and is headquartered in Brooklyn, New York. 1847 Goedeker operates under Internet Retail classification in the United States and is traded on NYSEMKT Exchange. It employs 482 people.

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Our tools can tell you how much better you can do entering a position in 1847 Goedeker without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check 1847 Goedeker Piotroski F Score and 1847 Goedeker Altman Z Score analysis. Note that the 1847 Goedeker information on this page should be used as a complementary analysis to other 1847 Goedeker'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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running 1847 Goedeker price analysis, check to measure 1847 Goedeker'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 1847 Goedeker is operating at the current time. Most of 1847 Goedeker's value examination focuses on studying past and present price action to predict the probability of 1847 Goedeker's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move 1847 Goedeker's price. Additionally, you may evaluate how the addition of 1847 Goedeker to your portfolios can decrease your overall portfolio volatility.
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Is 1847 Goedeker's industry 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 1847 Goedeker. If investors know 1847 Goedeker 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 1847 Goedeker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
131.9 M
Quarterly Revenue Growth YOY
10.15
Return On Assets
0.13
Return On Equity
0.17
The market value of 1847 Goedeker is measured differently than its book value, which is the value of 1847 Goedeker that is recorded on the company's balance sheet. Investors also form their own opinion of 1847 Goedeker's value that differs from its market value or its book value, called intrinsic value, which is 1847 Goedeker's 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 1847 Goedeker's market value can be influenced by many factors that don't directly affect 1847 Goedeker's 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 1847 Goedeker's value and its price as these two are different measures arrived at by different means. Investors typically determine 1847 Goedeker value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1847 Goedeker's 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.