Magindustries Corp Stock Current Liabilities
| MAAFF Stock | USD 0.0001 0.00 0.00% |
MagIndustries Corp fundamentals help investors to digest information that contributes to MagIndustries Corp's financial success or failures. It also enables traders to predict the movement of MagIndustries Stock. The fundamental analysis module provides a way to measure MagIndustries Corp'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 MagIndustries Corp stock.
The MagIndustries Corp's current Total Current Liabilities is estimated to increase to about 120.4 M. MagIndustries | Current Liabilities |
MagIndustries Corp Company Current Liabilities Analysis
MagIndustries Corp's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
MagIndustries Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for MagIndustries Corp is extremely important. It helps to project a fair market value of MagIndustries Stock properly, considering its historical fundamentals such as Current Liabilities. Since MagIndustries Corp'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 MagIndustries Corp'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 MagIndustries Corp's interrelated accounts and indicators.
Click cells to compare fundamentals
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
| Competition |
MagIndustries Total Current Liabilities
Total Current Liabilities |
|
In accordance with the recently published financial statements, MagIndustries Corp has a Current Liabilities of 0.0. This is 100.0% lower than that of the Paper & Forest Products sector and 100.0% lower than that of the Materials industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.
MagIndustries Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MagIndustries Corp's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MagIndustries Corp could also be used in its relative valuation, which is a method of valuing MagIndustries Corp by comparing valuation metrics of similar companies.MagIndustries Corp is currently under evaluation in current liabilities category among its peers.
MagIndustries Fundamentals
| Return On Equity | -0.35 | ||||
| Return On Asset | -0.0641 | ||||
| Operating Margin | (7.34) % | ||||
| Current Valuation | 83.32 M | ||||
| Shares Outstanding | 755.94 M | ||||
| Price To Earning | (0.18) X | ||||
| Price To Sales | 1.16 X | ||||
| Revenue | 7.62 M | ||||
| Gross Profit | (9.82 M) | ||||
| EBITDA | (14.73 M) | ||||
| Net Income | (28.75 M) | ||||
| Cash And Equivalents | 922 K | ||||
| Total Debt | 99.83 M | ||||
| Debt To Equity | 1.35 % | ||||
| Current Ratio | 0.05 X | ||||
| Book Value Per Share | 0.08 X | ||||
| Cash Flow From Operations | (19.17 M) | ||||
| Number Of Employees | 315 | ||||
| Beta | -1.31 | ||||
| Market Capitalization | 2.65 M | ||||
| Total Asset | 177.62 M | ||||
| Retained Earnings | (394.81 M) | ||||
| Net Asset | 177.62 M |
About MagIndustries Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MagIndustries Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MagIndustries Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MagIndustries 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.
Currently Active Assets on Macroaxis
| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin | |
| ADA | Cardano | |
| XRP | XRP |
Check out MagIndustries Corp Piotroski F Score and MagIndustries Corp Altman Z Score analysis. For more detail on how to invest in MagIndustries Stock please use our How to Invest in MagIndustries Corp guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Paper & Forest Products 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 MagIndustries Corp. If investors know MagIndustries 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 MagIndustries Corp 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 MagIndustries Corp is measured differently than its book value, which is the value of MagIndustries that is recorded on the company's balance sheet. Investors also form their own opinion of MagIndustries Corp's value that differs from its market value or its book value, called intrinsic value, which is MagIndustries Corp'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 MagIndustries Corp's market value can be influenced by many factors that don't directly affect MagIndustries Corp'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 MagIndustries Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MagIndustries Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MagIndustries Corp'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.