New Destiny Mining Stock Current Liabilities
| NED Stock | CAD 0.03 0.00 0.00% |
New Destiny Mining fundamentals help investors to digest information that contributes to New Destiny's financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New Destiny'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 New Destiny stock.
Total Current Liabilities is likely to climb to about 1.5 M in 2024. New | Current Liabilities |
New Destiny Mining Company Current Liabilities Analysis
New Destiny'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.
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.
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New Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, New Destiny Mining has a Current Liabilities of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The current liabilities for all Canada stocks is 100.0% higher than that of the company.
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New Fundamentals
| Return On Asset | -19.8 | |||
| Current Valuation | 804.71 K | |||
| Shares Outstanding | 22.61 M | |||
| Shares Owned By Insiders | 2.63 % | |||
| Number Of Shares Shorted | 1.4 K | |||
| Price To Earning | (2.29) X | |||
| Price To Book | 36.96 X | |||
| EBITDA | (170.78 K) | |||
| Net Income | (740.64 K) | |||
| Cash And Equivalents | 8.49 K | |||
| Total Debt | 21.07 K | |||
| Debt To Equity | 0.24 % | |||
| Current Ratio | 0.05 X | |||
| Book Value Per Share | (0.06) X | |||
| Cash Flow From Operations | (18.29 K) | |||
| Short Ratio | 0.02 X | |||
| Earnings Per Share | (0.05) X | |||
| Beta | 1.54 | |||
| Market Capitalization | 678.17 K | |||
| Total Asset | 31.52 K | |||
| Retained Earnings | (5.45 M) | |||
| Working Capital | (1.39 M) | |||
| Net Asset | 31.52 K |
About New Destiny Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Destiny Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Destiny using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Destiny Mining 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.
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Additional Tools for New Stock Analysis
When running New Destiny's price analysis, check to measure New Destiny'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 New Destiny is operating at the current time. Most of New Destiny's value examination focuses on studying past and present price action to predict the probability of New Destiny's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Destiny's price. Additionally, you may evaluate how the addition of New Destiny to your portfolios can decrease your overall portfolio volatility.