Itech Minerals Stock Net Asset

ITM Stock   0.06  0  4.48%   
Itech Minerals fundamentals help investors to digest information that contributes to Itech Minerals' financial success or failures. It also enables traders to predict the movement of Itech Stock. The fundamental analysis module provides a way to measure Itech Minerals' 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 Itech Minerals stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Itech Minerals Company Net Asset Analysis

Itech Minerals' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

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Current Liabilities

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Current Itech Minerals Net Asset

    
  20.83 M  
Most of Itech Minerals' fundamental indicators, such as Net Asset, 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, Itech Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Itech Total Assets

Total Assets

16.52 Million

At this time, Itech Minerals' Total Assets are comparatively stable compared to the past year.
Based on the recorded statements, Itech Minerals has a Net Asset of 20.83 M. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The net asset for all Australia stocks is notably lower than that of the firm.

Itech Net Asset Peer Comparison

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

Itech Fundamentals

About Itech Minerals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Itech Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Itech Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Itech Minerals 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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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Itech Stock Analysis

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