MGX Financial Statements From 2010 to 2024
MGX Minerals financial statements provide useful quarterly and yearly information to potential MGX Minerals investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on MGX Minerals financial statements helps investors assess MGX Minerals' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting MGX Minerals' valuation are summarized below:MGX Minerals does not now have any fundamental ratios for analysis.
This module can also supplement various MGX Minerals Technical models . Check out the analysis of MGX Minerals Correlation against competitors.
Check MGX Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGX Minerals' main balance sheet or income statement drivers, such as , as well as many indicators such as . MGX financial statements analysis is a perfect complement when working with MGX Minerals Valuation or Volatility modules.
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MGX Minerals Company Return On Asset Analysis
MGX Minerals' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current MGX Minerals Return On Asset | -0.15 |
Most of MGX Minerals' fundamental indicators, such as Return On Asset, 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, MGX Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, MGX Minerals has a Return On Asset of -0.1458. This is 119.7% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on asset for all United States stocks is 4.14% higher than that of the company.
MGX Minerals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MGX Minerals's current stock value. Our valuation model uses many indicators to compare MGX Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MGX Minerals competition to find correlations between indicators driving MGX Minerals's intrinsic value. More Info.MGX Minerals is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MGX Minerals' earnings, one of the primary drivers of an investment's value.About MGX Minerals Financial Statements
MGX Minerals stakeholders use historical fundamental indicators, such as MGX Minerals' revenue or net income, to determine how well the company is positioned to perform in the future. Although MGX Minerals investors may analyze each financial statement separately, they are all interrelated. For example, changes in MGX Minerals' assets and liabilities are reflected in the revenues and expenses on MGX Minerals' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MGX Minerals. Please read more on our technical analysis and fundamental analysis pages.
MGX Minerals Inc. engages in the acquisition, exploration, and development of mineral resource properties and industrial technologies. In addition, it owns, operates, and sells water treatment systems to the oil and gas industry and owns lithium extraction technology from brine, which eliminates the need for solar evaporation. Mgx Minerals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Currently Active Assets on Macroaxis
Other Information on Investing in MGX Pink Sheet
MGX Minerals financial ratios help investors to determine whether MGX Pink Sheet 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 MGX with respect to the benefits of owning MGX Minerals security.