Sailfish Royalty Corp Stock Working Capital

FISH Stock  CAD 1.40  0.03  2.19%   
Sailfish Royalty Corp fundamentals help investors to digest information that contributes to Sailfish Royalty's financial success or failures. It also enables traders to predict the movement of Sailfish Stock. The fundamental analysis module provides a way to measure Sailfish Royalty'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 Sailfish Royalty stock.
Last ReportedProjected for Next Year
Net Working CapitalM3.7 M
Change In Working Capital-83.2 K-87.3 K
Net Working Capital is likely to drop to about 3.7 M in 2024. Change In Working Capital is likely to drop to about (87.3 K) in 2024.
  
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Sailfish Royalty Corp Company Working Capital Analysis

Sailfish Royalty'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

 = 

Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Sailfish Royalty Working Capital

    
  4.97 M  
Most of Sailfish Royalty'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, Sailfish Royalty Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sailfish Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Sailfish Royalty is extremely important. It helps to project a fair market value of Sailfish Stock properly, considering its historical fundamentals such as Working Capital. Since Sailfish Royalty'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 Sailfish Royalty'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 Sailfish Royalty'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

Sailfish Net Invested Capital

Net Invested Capital

41.47 Million

At this time, Sailfish Royalty's Net Invested Capital is fairly stable compared to the past year.
According to the company's disclosures, Sailfish Royalty Corp has a Working Capital of 4.97 M. This is 99.31% lower than that of the Metals & Mining sector and 98.46% lower than that of the Materials industry. The working capital for all Canada stocks is 99.66% higher than that of the company.

Sailfish Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sailfish Royalty'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 Sailfish Royalty could also be used in its relative valuation, which is a method of valuing Sailfish Royalty by comparing valuation metrics of similar companies.
Sailfish Royalty is currently under evaluation in working capital category among its peers.

Sailfish Royalty Current Valuation Drivers

We derive many important indicators used in calculating different scores of Sailfish Royalty from analyzing Sailfish Royalty's financial statements. These drivers represent accounts that assess Sailfish Royalty's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sailfish Royalty's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap32.1M61.0M90.3M58.4M63.2M40.4M
Enterprise Value43.1M62.6M86.7M56.8M64.6M41.2M

Sailfish Fundamentals

About Sailfish Royalty Fundamental Analysis

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

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