MIRC Electronics has an Inventory turnover ratio of 3.0618766852981 which shows that the management is inefficient in relation to its Inventory and working capital management. It measures how many times a company has sold and replaced its inventory during a certain period of time. Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. MIRC Electronics has a D/E ratio of 0.3331 which means that the company has low proportion of debt in its capital. (higher is better)ĭebt to equity ratio: - It is a good metric to check out the capital structure along with its performance. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. MIRC Electronics has a Current ratio of 1.19530473227061. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy.
(higher values are always desirable)Ĭurrent ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. MIRC Electronics has ROA of - 2.9272844424882 % which is a bad sign for future performance.
In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. MIRC Electronics has a PE ratio of - 31.4131413141314 which is low and comparatively undervalued. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. Here are the few indispensable tools that should be a part of every investor’s research process. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements. This can be time-consuming and cumbersome. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement.
Stock investing requires careful analysis of financial data to find out the company's true net worth. Is MIRC Electronics an attractive stock to invest in? MIRC Electronics Stock Price Analysis and Quick Research Report.
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