Premier African Minerals Stock Working Capital

PREM Stock   0.05  0.01  17.20%   
Premier African Minerals fundamentals help investors to digest information that contributes to Premier African's financial success or failures. It also enables traders to predict the movement of Premier Stock. The fundamental analysis module provides a way to measure Premier African'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 Premier African stock.
Net Working Capital is likely to gain to about (41.6 M) in 2024. Change In Working Capital is likely to gain to -5,459 in 2024.
  
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Premier African Minerals Company Working Capital Analysis

Premier African's 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. .

Working Capital

 = 

Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Premier African Working Capital

    
  (43.76 M)  
Most of Premier African's 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, Premier African Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Premier Capital Lease Obligations

Capital Lease Obligations

0.0

At this time, Premier African's Capital Lease Obligations is comparatively stable compared to the past year.
Based on the company's disclosures, Premier African Minerals has a Working Capital of (43.76 Million). This is 106.11% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The working capital for all United Kingdom stocks is 102.96% higher than that of the company.

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Premier Fundamentals

About Premier African Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Premier African Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Premier African using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Premier African Minerals 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 Premier Stock Analysis

When running Premier African's price analysis, check to measure Premier African'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 Premier African is operating at the current time. Most of Premier African's value examination focuses on studying past and present price action to predict the probability of Premier African's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premier African's price. Additionally, you may evaluate how the addition of Premier African to your portfolios can decrease your overall portfolio volatility.