Millbank Mining Corp Stock Fundamentals
| MILL Stock | 0.48 0.01 2.13% |
Millbank Mining Corp fundamentals help investors to digest information that contributes to Millbank Mining's financial success or failures. It also enables traders to predict the movement of Millbank Stock. The fundamental analysis module provides a way to measure Millbank Mining'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 Millbank Mining stock.
At this time, Millbank Mining's Selling General Administrative is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 164.7 K in 2024, whereas Operating Income is likely to drop (89.9 K) in 2024. Millbank | Select Account or Indicator |
Millbank Mining Corp Company Return On Asset Analysis
Millbank Mining's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Millbank Mining Return On Asset | -0.46 |
Most of Millbank Mining's fundamental indicators, such as Return On 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, Millbank Mining Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Millbank Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Millbank Mining is extremely important. It helps to project a fair market value of Millbank Stock properly, considering its historical fundamentals such as Return On Asset. Since Millbank Mining'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 Millbank Mining'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 Millbank Mining's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Millbank Total Assets
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Based on the latest financial disclosure, Millbank Mining Corp has a Return On Asset of -0.4588. This is 162.0% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on asset for all Canada stocks is notably higher than that of the company.
Millbank Mining Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Millbank Mining's current stock value. Our valuation model uses many indicators to compare Millbank Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Millbank Mining competition to find correlations between indicators driving Millbank Mining's intrinsic value. More Info.Millbank Mining Corp is regarded fifth in return on equity category among its peers. It is regarded fourth in return on asset category among its peers . At this time, Millbank Mining's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Millbank Mining's earnings, one of the primary drivers of an investment's value.Millbank Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Millbank Mining's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Millbank Mining could also be used in its relative valuation, which is a method of valuing Millbank Mining by comparing valuation metrics of similar companies.Millbank Mining is currently under evaluation in return on asset category among its peers.
Millbank Fundamentals
| Return On Equity | -0.83 | ||||
| Return On Asset | -0.46 | ||||
| Current Valuation | 10.23 M | ||||
| Shares Outstanding | 22.39 M | ||||
| Shares Owned By Insiders | 7.36 % | ||||
| Number Of Shares Shorted | 449 | ||||
| Price To Book | 16.04 X | ||||
| EBITDA | (235.78 K) | ||||
| Net Income | (95.15 K) | ||||
| Total Debt | 21.01 K | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | (87.5 K) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 1.26 | ||||
| Market Capitalization | 11.19 M | ||||
| Total Asset | 323.65 K | ||||
| Retained Earnings | (598.74 K) | ||||
| Working Capital | 101.28 K | ||||
| Net Asset | 323.65 K |
About Millbank Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Millbank Mining Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Millbank Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Millbank Mining 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.| Last Reported | Projected for Next Year |
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Additional Tools for Millbank Stock Analysis
When running Millbank Mining's price analysis, check to measure Millbank Mining'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 Millbank Mining is operating at the current time. Most of Millbank Mining's value examination focuses on studying past and present price action to predict the probability of Millbank Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millbank Mining's price. Additionally, you may evaluate how the addition of Millbank Mining to your portfolios can decrease your overall portfolio volatility.