Chesapeake Gold Corp Stock Working Capital

CKG Stock  CAD 1.03  0.06  5.50%   
Chesapeake Gold Corp fundamentals help investors to digest information that contributes to Chesapeake Gold's financial success or failures. It also enables traders to predict the movement of Chesapeake Stock. The fundamental analysis module provides a way to measure Chesapeake Gold'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 Chesapeake Gold stock.
Last ReportedProjected for Next Year
Net Working Capital19.8 M25.1 M
Change In Working Capital-490 K-465.5 K
Net Working Capital is likely to climb to about 25.1 M in 2024, despite the fact that Change In Working Capital is likely to grow to (465.5 K).
  
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Chesapeake Gold Corp Company Working Capital Analysis

Chesapeake Gold's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Chesapeake Gold Working Capital

    
  19.79 M  
Most of Chesapeake Gold's fundamental indicators, such as Working Capital, 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, Chesapeake Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Chesapeake Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Chesapeake Gold is extremely important. It helps to project a fair market value of Chesapeake Stock properly, considering its historical fundamentals such as Working Capital. Since Chesapeake Gold'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 Chesapeake Gold'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 Chesapeake Gold's interrelated accounts and indicators.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Chesapeake Net Invested Capital

Net Invested Capital

132.33 Million

At this time, Chesapeake Gold's Net Invested Capital is fairly stable compared to the past year.
In accordance with the company's disclosures, Chesapeake Gold Corp has a Working Capital of 19.79 M. This is 97.24% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The working capital for all Canada stocks is 98.66% higher than that of the company.

Chesapeake Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chesapeake Gold's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chesapeake Gold could also be used in its relative valuation, which is a method of valuing Chesapeake Gold by comparing valuation metrics of similar companies.
Chesapeake Gold is currently under evaluation in working capital category among its peers.

Chesapeake Fundamentals

About Chesapeake Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Chesapeake Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chesapeake Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chesapeake Gold Corp 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.

Thematic Opportunities

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Additional Tools for Chesapeake Stock Analysis

When running Chesapeake Gold's price analysis, check to measure Chesapeake Gold'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 Chesapeake Gold is operating at the current time. Most of Chesapeake Gold's value examination focuses on studying past and present price action to predict the probability of Chesapeake Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chesapeake Gold's price. Additionally, you may evaluate how the addition of Chesapeake Gold to your portfolios can decrease your overall portfolio volatility.