MagIndustries Historical Balance Sheet
MAAFF Stock | USD 0.0001 0.00 0.00% |
Trend analysis of MagIndustries Corp balance sheet accounts such as Total Stockholder Equity of 79.5 M provides information on MagIndustries Corp's total assets, liabilities, and equity, which is the actual value of MagIndustries Corp to its prevalent stockholders. By breaking down trends over time using MagIndustries Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining MagIndustries Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MagIndustries Corp is a good buy for the upcoming year.
MagIndustries Corp Inventory |
|
MagIndustries |
About MagIndustries Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of MagIndustries Corp at a specified time, usually calculated after every quarter, six months, or one year. MagIndustries Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MagIndustries Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MagIndustries currently owns. An asset can also be divided into two categories, current and non-current.
MagIndustries Corp Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of MagIndustries Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MagIndustries Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on MagIndustries Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of MagIndustries Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Short Term Investments
Short Term Investments is an item under the current assets section of MagIndustries Corp balance sheet. It contains any investments MagIndustries Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that MagIndustries Corp can easily liquidate in the marketplace.Most accounts from MagIndustries Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into MagIndustries Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MagIndustries Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For more detail on how to invest in MagIndustries Stock please use our How to Invest in MagIndustries Corp guide.At this time, MagIndustries Corp's Net Tangible Assets are most likely to increase significantly in the upcoming years. The MagIndustries Corp's current Accounts Payable is estimated to increase to about 120.4 M, while Total Stockholder Equity is projected to decrease to roughly 79.5 M.
2012 | 2013 | 2024 | 2025 (projected) | Total Stockholder Equity | 49.4M | 77.8M | 89.5M | 79.5M | Total Current Liabilities | 84.0M | 99.7M | 114.6M | 120.4M |
MagIndustries Corp balance sheet Correlations
Click cells to compare fundamentals
MagIndustries Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
BTC | Bitcoin | |
TRX | TRON | |
BNB | Binance Coin | |
ADA | Cardano | |
XRP | XRP |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MagIndustries Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For more detail on how to invest in MagIndustries Stock please use our How to Invest in MagIndustries Corp guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Paper & Forest Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MagIndustries Corp. If investors know MagIndustries will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MagIndustries Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of MagIndustries Corp is measured differently than its book value, which is the value of MagIndustries that is recorded on the company's balance sheet. Investors also form their own opinion of MagIndustries Corp's value that differs from its market value or its book value, called intrinsic value, which is MagIndustries Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MagIndustries Corp's market value can be influenced by many factors that don't directly affect MagIndustries Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MagIndustries Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MagIndustries Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MagIndustries Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.