C29 Metals Stock Cash And Equivalents
| C29 Stock | 0.06 0.01 11.11% |
C29 Metals fundamentals help investors to digest information that contributes to C29 Metals' financial success or failures. It also enables traders to predict the movement of C29 Stock. The fundamental analysis module provides a way to measure C29 Metals' 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 C29 Metals stock.
| Last Reported | Projected for Next Year | ||
| Cash And Equivalents | 3.6 M | 1.9 M |
C29 | Cash And Equivalents |
C29 Metals Company Cash And Equivalents Analysis
C29 Metals' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current C29 Metals Cash And Equivalents | 3.14 M |
Most of C29 Metals' fundamental indicators, such as Cash And Equivalents, 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, C29 Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, C29 Metals has 3.14 M in Cash And Equivalents. This is 99.36% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The cash and equivalents for all Australia stocks is 99.88% higher than that of the company.
C29 Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses C29 Metals' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of C29 Metals could also be used in its relative valuation, which is a method of valuing C29 Metals by comparing valuation metrics of similar companies.C29 Metals is currently under evaluation in cash and equivalents category among its peers.
C29 Fundamentals
| Return On Equity | -0.47 | ||||
| Return On Asset | -0.27 | ||||
| Operating Margin | (67.39) % | ||||
| Current Valuation | 8.24 M | ||||
| Shares Outstanding | 174.19 M | ||||
| Shares Owned By Insiders | 33.91 % | ||||
| Shares Owned By Institutions | 5.63 % | ||||
| Price To Book | 1.18 X | ||||
| Price To Sales | 840.91 X | ||||
| Revenue | 11.6 K | ||||
| Gross Profit | 11.6 K | ||||
| EBITDA | (1.28 M) | ||||
| Net Income | (3.42 M) | ||||
| Cash And Equivalents | 3.14 M | ||||
| Total Debt | 15.47 K | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (1.44 M) | ||||
| Earnings Per Share | (0.03) X | ||||
| Target Price | 0.2 | ||||
| Beta | 0.93 | ||||
| Market Capitalization | 10.45 M | ||||
| Total Asset | 7.67 M | ||||
| Retained Earnings | (7.12 M) | ||||
| Working Capital | 2.13 M | ||||
| Net Asset | 7.67 M |
About C29 Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze C29 Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of C29 Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of C29 Metals 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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Additional Tools for C29 Stock Analysis
When running C29 Metals' price analysis, check to measure C29 Metals' 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 C29 Metals is operating at the current time. Most of C29 Metals' value examination focuses on studying past and present price action to predict the probability of C29 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move C29 Metals' price. Additionally, you may evaluate how the addition of C29 Metals to your portfolios can decrease your overall portfolio volatility.