Metallic Minerals Corp Stock Working Capital
| MMG Stock | CAD 0.14 0.02 12.50% |
Metallic Minerals Corp fundamentals help investors to digest information that contributes to Metallic Minerals' financial success or failures. It also enables traders to predict the movement of Metallic Stock. The fundamental analysis module provides a way to measure Metallic 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 Metallic Minerals stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 4.9 M | 5.2 M | |
| Change In Working Capital | -573.7 K | -545 K |
Metallic | Working Capital |
Metallic Minerals Corp Company Working Capital Analysis
Metallic Minerals' 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. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Metallic Minerals Working Capital | 4.27 M |
Most of Metallic Minerals' 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, Metallic Minerals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Metallic Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Metallic Minerals is extremely important. It helps to project a fair market value of Metallic Stock properly, considering its historical fundamentals such as Working Capital. Since Metallic Minerals' 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 Metallic Minerals' 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 Metallic Minerals' interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
Metallic Net Invested Capital
Net Invested Capital |
|
Based on the company's disclosures, Metallic Minerals Corp has a Working Capital of 4.27 M. This is 99.4% lower than that of the Metals & Mining sector and 99.85% lower than that of the Materials industry. The working capital for all Canada stocks is 99.71% higher than that of the company.
Metallic Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Metallic Minerals' 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 Metallic Minerals could also be used in its relative valuation, which is a method of valuing Metallic Minerals by comparing valuation metrics of similar companies.Metallic Minerals is currently under evaluation in working capital category among its peers.
Metallic Minerals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Metallic Minerals from analyzing Metallic Minerals' financial statements. These drivers represent accounts that assess Metallic Minerals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Metallic Minerals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 57.6M | 54.6M | 52.3M | 53.8M | 48.4M | 50.9M | |
| Enterprise Value | 57.1M | 50.6M | 47.7M | 48.2M | 43.3M | 45.5M |
Metallic Fundamentals
| Return On Equity | -0.96 | |||
| Return On Asset | -0.59 | |||
| Current Valuation | 23.9 M | |||
| Shares Outstanding | 176.41 M | |||
| Shares Owned By Insiders | 27.34 % | |||
| Shares Owned By Institutions | 0.59 % | |||
| Number Of Shares Shorted | 168.81 K | |||
| Price To Earning | 10.00 X | |||
| Price To Book | 3.43 X | |||
| EBITDA | (4.99 M) | |||
| Net Income | (4.92 M) | |||
| Cash And Equivalents | 103.29 K | |||
| Total Debt | 646.49 K | |||
| Debt To Equity | 2.00 % | |||
| Current Ratio | 1.83 X | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (5.15 M) | |||
| Short Ratio | 0.01 X | |||
| Earnings Per Share | (0.04) X | |||
| Target Price | 0.57 | |||
| Beta | 1.3 | |||
| Market Capitalization | 27.34 M | |||
| Total Asset | 11.39 M | |||
| Retained Earnings | (36.93 M) | |||
| Working Capital | 4.27 M | |||
| Net Asset | 11.39 M |
About Metallic Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Metallic Minerals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Metallic Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Metallic Minerals 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
Explore Investment Opportunities
Additional Tools for Metallic Stock Analysis
When running Metallic Minerals' price analysis, check to measure Metallic 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 Metallic Minerals is operating at the current time. Most of Metallic Minerals' value examination focuses on studying past and present price action to predict the probability of Metallic Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metallic Minerals' price. Additionally, you may evaluate how the addition of Metallic Minerals to your portfolios can decrease your overall portfolio volatility.