Wolfden Resources Stock Working Capital

WLF Stock  CAD 0.06  0.01  8.33%   
Wolfden Resources fundamentals help investors to digest information that contributes to Wolfden Resources' financial success or failures. It also enables traders to predict the movement of Wolfden Stock. The fundamental analysis module provides a way to measure Wolfden 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 Wolfden Resources stock.
Last ReportedProjected for Next Year
Net Working Capital700.8 K1.4 M
Change In Working Capital-16.2 K-15.4 K
Net Working Capital is likely to climb to about 1.4 M in 2024, despite the fact that Change In Working Capital is likely to grow to (15.4 K).
  
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Wolfden Resources Company Working Capital Analysis

Wolfden Resources' 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 Wolfden Resources Working Capital

    
  700.77 K  
Most of Wolfden Resources' 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, Wolfden Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Wolfden Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Wolfden Resources is extremely important. It helps to project a fair market value of Wolfden Stock properly, considering its historical fundamentals such as Working Capital. Since Wolfden 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 Wolfden 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 Wolfden Resources' interrelated accounts and indicators.
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

Wolfden Net Invested Capital

Net Invested Capital

1.37 Million

At this time, Wolfden Resources' Net Invested Capital is fairly stable compared to the past year.
As per the company's disclosures, Wolfden Resources has a Working Capital of 700.77 K. This is 99.9% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The working capital for all Canada stocks is 99.95% higher than that of the company.

Wolfden Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wolfden Resources' 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 Wolfden Resources could also be used in its relative valuation, which is a method of valuing Wolfden Resources by comparing valuation metrics of similar companies.
Wolfden Resources is currently under evaluation in working capital category among its peers.

Wolfden Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Wolfden Resources from analyzing Wolfden Resources' financial statements. These drivers represent accounts that assess Wolfden Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Wolfden Resources' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap15.2M36.6M32.1M31.3M11.5M16.0M
Enterprise Value14.9M35.7M28.9M27.8M10.4M14.7M

Wolfden Fundamentals

About Wolfden Resources Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Wolfden Stock Analysis

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