Mandalay Financial Statements From 2010 to 2024

MND Stock  CAD 3.70  0.09  2.49%   
Mandalay Resources financial statements provide useful quarterly and yearly information to potential Mandalay Resources Corp 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 Mandalay Resources financial statements helps investors assess Mandalay Resources' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Mandalay Resources' valuation are summarized below:
Gross Profit
96.8 M
Profit Margin
0.1328
Market Capitalization
352.6 M
Enterprise Value Revenue
0.8646
Revenue
224.4 M
We have found one hundred twenty available fundamental ratios for Mandalay Resources, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Mandalay Resources' last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 3rd of December 2024, Market Cap is likely to drop to about 79.8 M. In addition to that, Enterprise Value is likely to drop to about 81.4 M

Mandalay Resources Total Revenue

159.34 Million

Check Mandalay Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mandalay Resources' main balance sheet or income statement drivers, such as Interest Expense of 2 M, Selling General Administrative of 5.6 M or Other Operating Expenses of 81.4 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0335 or PTB Ratio of 0.65. Mandalay financial statements analysis is a perfect complement when working with Mandalay Resources Valuation or Volatility modules.
  
This module can also supplement various Mandalay Resources Technical models . Check out the analysis of Mandalay Resources Correlation against competitors.

Mandalay Resources Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets164.6 M295.2 M249.9 M
Slightly volatile
Other Current Liabilities11 M20.4 M16.7 M
Slightly volatile
Total Current Liabilities37.2 M31.9 M57.5 M
Pretty Stable
Total Stockholder Equity206.8 M196.9 M153.3 M
Slightly volatile
Property Plant And Equipment Net103 M195.2 M155.5 M
Slightly volatile
Accounts Payable6.9 M7.9 M9.5 M
Slightly volatile
Cash20.6 M26.9 M28.6 M
Pretty Stable
Non Current Assets Total114.8 M215.4 M174 M
Slightly volatile
Non Currrent Assets Other13.5 M20.2 M15.4 M
Slightly volatile
Other Assets13.5 M15.7 M18.3 M
Very volatile
Cash And Short Term Investments21 M28.8 M29.2 M
Pretty Stable
Net Receivables13.4 M26.2 M20.3 M
Pretty Stable
Common Stock Total Equity147.7 M264.5 M165.5 M
Slightly volatile
Common Stock Shares Outstanding99.7 M95 M57.8 M
Slightly volatile
Liabilities And Stockholders Equity164.6 M295.2 M249.9 M
Slightly volatile
Total Liabilities67.5 M98.3 M103.9 M
Slightly volatile
Property Plant And Equipment Gross483.7 M460.6 M228.6 M
Slightly volatile
Total Current Assets49.8 M79.8 M75.9 M
Pretty Stable
Common Stock169 M231.5 M164.9 M
Slightly volatile
Inventory16.2 M22.7 M19.2 M
Slightly volatile
Short and Long Term Debt Total38.8 M23 M44.8 M
Pretty Stable
Short Term Debt1.2 M1.2 M31.9 M
Slightly volatile
Non Current Liabilities Total50.5 M66.4 M47.9 M
Slightly volatile
Other Liabilities34.6 M34.7 M37.6 M
Slightly volatile
Net Tangible Assets132.2 M165.7 M160.6 M
Pretty Stable
Good Will144162176
Slightly volatile
Property Plant Equipment203 M211.5 M173.4 M
Slightly volatile
Long Term Debt14.7 M20.4 M10.1 M
Slightly volatile
Short and Long Term Debt58.1 M72.3 M56.8 M
Slightly volatile
Long Term Debt Total19.7 M25.6 M11.9 M
Slightly volatile
Cash And Equivalents53.5 M60.2 M65.6 M
Slightly volatile
Net Invested Capital211.8 M217.3 M202.5 M
Pretty Stable
Capital Stock246.6 M231.5 M208.5 M
Slightly volatile
Capital Lease Obligations3.8 M2.5 M5.1 M
Slightly volatile
Non Current Liabilities Other7.1 M4.2 M11 M
Slightly volatile

Mandalay Resources Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative5.6 M7.1 M8.1 M
Pretty Stable
Other Operating Expenses81.4 M154 M126.6 M
Slightly volatile
Total Operating Expenses50.5 M48.1 M16.3 M
Slightly volatile
Depreciation And Amortization21 M33.2 M29.2 M
Slightly volatile
Total Revenue159.3 M173.3 M154.1 M
Slightly volatile
Cost Of Revenue120.4 M105.9 M116.3 M
Slightly volatile
Selling And Marketing Expenses708.2 K828 K829.7 K
Pretty Stable
Interest Income1.6 M1.7 M4.9 M
Slightly volatile
Reconciled Depreciation27.1 M33.2 M36.5 M
Slightly volatile

Mandalay Resources Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow40.3 M38.4 M29.1 M
Slightly volatile
Capital Expenditures26.1 M41.7 M40.3 M
Pretty Stable
End Period Cash Flow18.9 M26.9 M28.5 M
Pretty Stable
Depreciation21.8 M25.9 M27.7 M
Pretty Stable
Stock Based Compensation844.4 K920 KM
Pretty Stable
Issuance Of Capital Stock67.5 K71 K21.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.740.78212.3835
Slightly volatile
Dividend Yield0.03350.04360.0393
Slightly volatile
PTB Ratio0.650.68841.2356
Slightly volatile
Days Sales Outstanding10255.247885.8402
Slightly volatile
Book Value Per Share1.92.00413.5341
Slightly volatile
Invested Capital7.4 K8.3 K9.1 K
Slightly volatile
Average Payables4.5 M4.3 M4.6 M
Very volatile
Stock Based Compensation To Revenue0.0050.00530.0603
Slightly volatile
Capex To Depreciation1.531.61362.1531
Slightly volatile
PB Ratio0.650.68841.2356
Slightly volatile
EV To Sales0.720.75961.9072
Slightly volatile
Inventory Turnover4.534.66315.8046
Very volatile
Days Of Inventory On Hand85.1278.273672.621
Slightly volatile
Payables Turnover9.4713.477912.3701
Very volatile
Sales General And Administrative To Revenue0.03890.04090.2895
Slightly volatile
Average Inventory12.6 M12 M12 M
Slightly volatile
Capex To Revenue0.230.24080.6197
Slightly volatile
Cash Per Share0.530.29290.6099
Pretty Stable
Days Payables Outstanding25.7327.0813136
Slightly volatile
Intangibles To Total Assets1.0E-41.0E-40.0019
Slightly volatile
Current Ratio2.632.50221.5963
Pretty Stable
Tangible Book Value Per Share1.92.00413.5275
Slightly volatile
Receivables Turnover5.746.60667.447
Slightly volatile
Graham Number1.81.89936.7058
Slightly volatile
Shareholders Equity Per Share1.92.00413.5341
Slightly volatile
Debt To Equity0.180.10370.2616
Pretty Stable
Capex Per Share0.40.42480.9704
Slightly volatile
Average Receivables22.4 M21.3 M21.9 M
Slightly volatile
Revenue Per Share3.391.76413.2087
Slightly volatile
Interest Debt Per Share0.220.22930.6977
Very volatile
Debt To Assets0.0960.06920.1373
Pretty Stable
Operating Cycle188134158
Slightly volatile
Price Book Value Ratio0.650.68841.2356
Slightly volatile
Days Of Payables Outstanding25.7327.0813136
Slightly volatile
Ebt Per Ebit1.220.75291.0902
Very volatile
Company Equity Multiplier1.211.49921.6742
Slightly volatile
Long Term Debt To Capitalization0.04830.09390.0515
Slightly volatile
Total Debt To Capitalization0.140.09390.1945
Pretty Stable
Debt Equity Ratio0.180.10370.2616
Pretty Stable
Quick Ratio1.01.79031.1259
Very volatile
Net Income Per E B T0.950.54030.8484
Slightly volatile
Cash Ratio0.810.84170.5706
Pretty Stable
Days Of Inventory Outstanding85.1278.273672.621
Slightly volatile
Days Of Sales Outstanding10255.247885.8402
Slightly volatile
Price To Book Ratio0.650.68841.2356
Slightly volatile
Fixed Asset Turnover0.720.88790.9217
Very volatile
Debt Ratio0.0960.06920.1373
Pretty Stable
Price Sales Ratio0.740.78212.3835
Slightly volatile
Asset Turnover0.440.58710.5652
Very volatile
Price Fair Value0.650.68841.2356
Slightly volatile

Mandalay Resources Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap79.8 M135.6 M161.8 M
Pretty Stable
Enterprise Value81.4 M131.7 M168.8 M
Pretty Stable

Mandalay Fundamental Market Drivers

Forward Price Earnings4.8567
Cash And Short Term Investments28.8 M

About Mandalay Resources Financial Statements

Mandalay Resources investors utilize fundamental indicators, such as revenue or net income, to predict how Mandalay Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue24.8 M16.9 M
Total Revenue173.3 M159.3 M
Cost Of Revenue105.9 M120.4 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.04  0.04 
Capex To Revenue 0.24  0.23 
Revenue Per Share 1.76  3.39 
Ebit Per Revenue 0.11  0.12 

Pair Trading with Mandalay Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mandalay Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mandalay Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Mandalay Stock

  0.58INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Mandalay Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mandalay Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mandalay Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mandalay Resources Corp to buy it.
The correlation of Mandalay Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mandalay Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mandalay Resources Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mandalay Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Mandalay Stock

Mandalay Resources financial ratios help investors to determine whether Mandalay Stock 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 Mandalay with respect to the benefits of owning Mandalay Resources security.