Contango Ore Stock Working Capital
| CTGO Stock | USD 9.65 0.33 3.31% |
Contango ORE fundamentals help investors to digest information that contributes to Contango ORE's financial success or failures. It also enables traders to predict the movement of Contango Stock. The fundamental analysis module provides a way to measure Contango ORE'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 Contango ORE stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | -48.3 M | -45.9 M | |
| Change In Working Capital | -1.6 M | -1.6 M |
Contango | Working Capital |
Contango ORE Company Working Capital Analysis
Contango ORE'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. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Contango ORE Working Capital | (53.68 M) |
Most of Contango ORE'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, Contango ORE is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Contango Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Contango ORE is extremely important. It helps to project a fair market value of Contango Stock properly, considering its historical fundamentals such as Working Capital. Since Contango ORE'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 Contango ORE'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 Contango ORE's interrelated accounts and indicators.
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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 |
Contango Capital Surpluse
Capital Surpluse |
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In accordance with the company's disclosures, Contango ORE has a Working Capital of (53.68 Million). This is 107.5% lower than that of the Metals & Mining sector and 116.62% lower than that of the Materials industry. The working capital for all United States stocks is 103.63% higher than that of the company.
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Contango ORE ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Contango ORE's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Contango ORE's managers, analysts, and investors.Environmental | Governance | Social |
Contango Fundamentals
| Return On Equity | -5.05 | ||||
| Return On Asset | -0.1 | ||||
| Current Valuation | 169.19 M | ||||
| Shares Outstanding | 12.25 M | ||||
| Shares Owned By Insiders | 37.80 % | ||||
| Shares Owned By Institutions | 26.76 % | ||||
| Number Of Shares Shorted | 772.93 K | ||||
| Price To Earning | 5.89 X | ||||
| Price To Book | 94.51 X | ||||
| EBITDA | (15.26 M) | ||||
| Net Income | (38.03 M) | ||||
| Cash And Equivalents | 23.1 M | ||||
| Cash Per Share | 3.41 X | ||||
| Total Debt | 42.6 M | ||||
| Debt To Equity | 1.45 % | ||||
| Current Ratio | 15.80 X | ||||
| Book Value Per Share | 0.11 X | ||||
| Cash Flow From Operations | 698.99 K | ||||
| Short Ratio | 7.74 X | ||||
| Earnings Per Share | (3.49) X | ||||
| Target Price | 23.86 | ||||
| Number Of Employees | 12 | ||||
| Beta | 0.56 | ||||
| Market Capitalization | 122.24 M | ||||
| Total Asset | 133.89 M | ||||
| Retained Earnings | (177.07 M) | ||||
| Working Capital | (53.68 M) | ||||
| Current Asset | 2.01 M | ||||
| Current Liabilities | 102.98 K | ||||
| Net Asset | 133.89 M |
About Contango ORE Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Contango ORE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Contango ORE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Contango ORE 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.
When determining whether Contango ORE offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Contango ORE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Contango Ore Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Contango Ore Stock: Check out Contango ORE Piotroski F Score and Contango ORE Altman Z Score analysis. To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Contango ORE. If investors know Contango will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Contango ORE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Contango ORE is measured differently than its book value, which is the value of Contango that is recorded on the company's balance sheet. Investors also form their own opinion of Contango ORE's value that differs from its market value or its book value, called intrinsic value, which is Contango ORE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Contango ORE's market value can be influenced by many factors that don't directly affect Contango ORE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Contango ORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Contango ORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Contango ORE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.