Mkango Resources Stock Fundamentals
| MKA Stock | CAD 0.17 0.01 5.56% |
Mkango Resources fundamentals help investors to digest information that contributes to Mkango Resources' financial success or failures. It also enables traders to predict the movement of Mkango Stock. The fundamental analysis module provides a way to measure Mkango Resources' 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 Mkango Resources stock.
At this time, Mkango Resources' Income Tax Expense is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 41.7 K in 2024, despite the fact that Gross Profit is likely to grow to (29.6 K). Mkango | Select Account or Indicator |
Mkango Resources Company Return On Asset Analysis
Mkango Resources' 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 Mkango Resources Return On Asset | -0.35 |
Most of Mkango Resources' 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, Mkango Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Mkango Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Mkango Resources is extremely important. It helps to project a fair market value of Mkango Stock properly, considering its historical fundamentals such as Return On Asset. Since Mkango Resources' 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 Mkango Resources' 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 Mkango Resources' interrelated accounts and indicators.
Click cells to compare fundamentals
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.
| Competition |
Mkango Total Assets
Total Assets |
|
Based on the latest financial disclosure, Mkango Resources has a Return On Asset of -0.3511. This is 147.45% lower than that of the Metals & Mining sector and 93.98% lower than that of the Materials industry. The return on asset for all Canada stocks is 150.79% higher than that of the company.
Mkango Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mkango Resources's current stock value. Our valuation model uses many indicators to compare Mkango Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mkango Resources competition to find correlations between indicators driving Mkango Resources's intrinsic value. More Info.Mkango Resources is regarded fifth in return on equity category among its peers. It is regarded third in return on asset category among its peers . At this time, Mkango Resources' 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 Mkango Resources' earnings, one of the primary drivers of an investment's value.Mkango Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mkango Resources' 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 Mkango Resources could also be used in its relative valuation, which is a method of valuing Mkango Resources by comparing valuation metrics of similar companies.Mkango Resources is currently under evaluation in return on asset category among its peers.
Mkango Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Mkango Resources from analyzing Mkango Resources' financial statements. These drivers represent accounts that assess Mkango Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Mkango Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 14.1M | 31.8M | 64.2M | 31.8M | 31.2M | 32.7M | |
| Enterprise Value | 4.6M | 26.9M | 59.8M | 33.0M | 30.2M | 31.7M |
Mkango Fundamentals
| Return On Equity | -1.15 | ||||
| Return On Asset | -0.35 | ||||
| Current Valuation | 46.23 M | ||||
| Shares Outstanding | 295.04 M | ||||
| Shares Owned By Insiders | 37.25 % | ||||
| Shares Owned By Institutions | 2.23 % | ||||
| Number Of Shares Shorted | 686 | ||||
| Price To Earning | (2.94) X | ||||
| Price To Book | 11.40 X | ||||
| EBITDA | (3.51 M) | ||||
| Net Income | (4.18 M) | ||||
| Cash And Equivalents | 11.06 M | ||||
| Cash Per Share | 0.10 X | ||||
| Total Debt | 4.73 M | ||||
| Debt To Equity | 0.50 % | ||||
| Current Ratio | 8.62 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (3.56 M) | ||||
| Short Ratio | 0.16 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Target Price | 0.63 | ||||
| Beta | 2.24 | ||||
| Market Capitalization | 50.16 M | ||||
| Total Asset | 9.29 M | ||||
| Retained Earnings | (46.59 M) | ||||
| Working Capital | (588.56 K) | ||||
| Net Asset | 9.29 M |
About Mkango Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mkango Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mkango Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mkango Resources 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 | ||
| Current Deferred Revenue | 198.6 K | 208.5 K | |
| Cost Of Revenue | 39.8 K | 41.7 K | |
| Stock Based Compensation To Revenue | 25.96 | 23.07 | |
| Sales General And Administrative To Revenue | 19.64 | 35.62 | |
| Capex To Revenue | 0.15 | 0.14 | |
| Revenue Per Share | 0.01 | 0.01 | |
| Ebit Per Revenue | (397.78) | (377.89) |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Mkango Stock Analysis
When running Mkango Resources' price analysis, check to measure Mkango Resources' 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 Mkango Resources is operating at the current time. Most of Mkango Resources' value examination focuses on studying past and present price action to predict the probability of Mkango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mkango Resources' price. Additionally, you may evaluate how the addition of Mkango Resources to your portfolios can decrease your overall portfolio volatility.