Mega Historical Balance Sheet

MGA Stock  CAD 0.35  0.01  2.78%   
Trend analysis of Mega Uranium balance sheet accounts such as Total Stockholder Equity of 108.3 M provides information on Mega Uranium's total assets, liabilities, and equity, which is the actual value of Mega Uranium to its prevalent stockholders. By breaking down trends over time using Mega Uranium 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.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Mega Uranium 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 Mega Uranium is a good buy for the upcoming year.

Mega Uranium Inventory

(1.75 Million)

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mega Uranium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Mega Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Mega Uranium at a specified time, usually calculated after every quarter, six months, or one year. Mega Uranium Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mega Uranium 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 Mega currently owns. An asset can also be divided into two categories, current and non-current.

Mega Uranium Balance Sheet Chart

At this time, Mega Uranium's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 15th of December 2024, Long Term Investments is likely to grow to about 191 M, while Total Assets are likely to drop about 120.2 M.

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Accounts Payable

An accounting item on the balance sheet that represents Mega Uranium obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mega Uranium are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most accounts from Mega Uranium's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Mega Uranium 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 Mega Uranium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Mega Uranium's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 15th of December 2024, Long Term Investments is likely to grow to about 191 M, while Total Assets are likely to drop about 120.2 M.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity115.4M174.2M200.3M108.3M
Total Current Liabilities2.5M10.1M11.6M12.2M

Mega Uranium balance sheet Correlations

0.550.721.00.230.65-0.23-0.150.141.00.93-0.10.680.850.070.760.230.940.710.43-0.08-0.26-0.430.42-0.130.21
0.550.530.540.010.41-0.460.25-0.160.540.550.580.560.51-0.010.580.010.590.310.490.37-0.07-0.480.66-0.380.44
0.720.530.68-0.110.98-0.06-0.09-0.390.70.76-0.080.610.87-0.270.98-0.110.770.740.2-0.19-0.07-0.190.39-0.220.3
1.00.540.680.250.61-0.24-0.150.181.00.92-0.090.670.830.090.730.250.930.690.44-0.07-0.27-0.440.42-0.120.2
0.230.01-0.110.25-0.250.170.370.60.270.00.31-0.14-0.060.94-0.091.00.040.480.090.660.05-0.09-0.240.66-0.66
0.650.410.980.61-0.250.01-0.22-0.480.620.73-0.210.550.85-0.410.95-0.250.730.660.09-0.34-0.12-0.080.32-0.240.31
-0.23-0.46-0.06-0.240.170.01-0.06-0.22-0.25-0.13-0.23-0.74-0.080.04-0.090.17-0.140.02-0.94-0.060.270.94-0.340.83-0.81
-0.150.25-0.09-0.150.37-0.22-0.06-0.16-0.12-0.310.63-0.21-0.30.34-0.060.37-0.270.030.090.670.68-0.10.280.12-0.13
0.14-0.16-0.390.180.6-0.48-0.22-0.160.18-0.070.020.09-0.180.63-0.390.6-0.060.070.350.3-0.43-0.36-0.30.21-0.24
1.00.540.71.00.270.62-0.25-0.120.180.9-0.080.670.820.10.740.260.920.710.45-0.05-0.26-0.450.42-0.120.2
0.930.550.760.920.00.73-0.13-0.31-0.070.9-0.230.660.95-0.150.79-0.011.00.630.27-0.3-0.26-0.260.39-0.170.25
-0.10.58-0.08-0.090.31-0.21-0.230.630.02-0.08-0.23-0.06-0.240.34-0.060.31-0.18-0.070.240.890.09-0.240.430.00.0
0.680.560.610.67-0.140.55-0.74-0.210.090.670.66-0.060.7-0.150.58-0.140.660.440.83-0.21-0.39-0.820.36-0.690.72
0.850.510.870.83-0.060.85-0.08-0.3-0.180.820.95-0.240.7-0.220.85-0.060.950.670.24-0.33-0.24-0.230.35-0.20.26
0.07-0.01-0.270.090.94-0.410.040.340.630.1-0.150.34-0.15-0.22-0.260.94-0.110.330.160.660.05-0.16-0.370.56-0.57
0.760.580.980.73-0.090.95-0.09-0.06-0.390.740.79-0.060.580.85-0.26-0.090.80.750.21-0.17-0.04-0.210.43-0.220.3
0.230.01-0.110.251.0-0.250.170.370.60.26-0.010.31-0.14-0.060.94-0.090.040.480.090.660.05-0.09-0.240.66-0.66
0.940.590.770.930.040.73-0.14-0.27-0.060.921.0-0.180.660.95-0.110.80.040.650.29-0.24-0.26-0.280.41-0.160.24
0.710.310.740.690.480.660.020.030.070.710.63-0.070.440.670.330.750.480.650.240.1-0.07-0.240.020.18-0.13
0.430.490.20.440.090.09-0.940.090.350.450.270.240.830.240.160.210.090.290.240.16-0.29-1.00.32-0.680.68
-0.080.37-0.19-0.070.66-0.34-0.060.670.3-0.05-0.30.89-0.21-0.330.66-0.170.66-0.240.10.160.11-0.160.160.32-0.33
-0.26-0.07-0.07-0.270.05-0.120.270.68-0.43-0.26-0.260.09-0.39-0.240.05-0.040.05-0.26-0.07-0.290.110.290.130.18-0.17
-0.43-0.48-0.19-0.44-0.09-0.080.94-0.1-0.36-0.45-0.26-0.24-0.82-0.23-0.16-0.21-0.09-0.28-0.24-1.0-0.160.29-0.310.68-0.67
0.420.660.390.42-0.240.32-0.340.28-0.30.420.390.430.360.35-0.370.43-0.240.410.020.320.160.13-0.31-0.450.49
-0.13-0.38-0.22-0.120.66-0.240.830.120.21-0.12-0.170.0-0.69-0.20.56-0.220.66-0.160.18-0.680.320.180.68-0.45-0.99
0.210.440.30.2-0.660.31-0.81-0.13-0.240.20.250.00.720.26-0.570.3-0.660.24-0.130.68-0.33-0.17-0.670.49-0.99
Click cells to compare fundamentals

Mega Uranium Account Relationship Matchups

Mega Uranium balance sheet Accounts

201920202021202220232024 (projected)
Total Assets52.6M138.0M117.9M184.9M212.6M120.2M
Other Current Liab843K991K1.2M1.3M1.5M925.4K
Total Current Liabilities969K1.1M2.5M10.1M11.6M12.2M
Total Stockholder Equity51.5M136.8M115.4M174.2M200.3M108.3M
Property Plant And Equipment Net225K130K120K472K424.8K403.6K
Net Debt(410K)(1.2M)692K8.7M10.0M10.5M
Retained Earnings(323.3M)(302.2M)(310.6M)(306.2M)(275.6M)(261.8M)
Accounts Payable45K59K80K116K104.4K99.2K
Cash610K1.3M510K347K312.3K296.7K
Non Current Assets Total47.0M118.2M98.6M158.9M182.8M102.1M
Cash And Short Term Investments5.3M19.5M18.6M25.6M29.5M16.9M
Net Receivables210K254K692K305K274.5K372.1K
Common Stock Shares Outstanding328.6M353.7M355.0M367.6M422.7M443.9M
Short Term Investments4.7M18.2M18.1M25.3M29.1M30.5M
Liabilities And Stockholders Equity52.6M138.0M117.9M184.9M212.6M120.2M
Other Stockholder Equity66.8M67.3M66.8M67.2M1.2K1.1K
Total Liab1.1M1.2M2.5M10.7M9.6M8.6M
Property Plant And Equipment Gross225K130K120K472K424.8K403.6K
Total Current Assets5.6M19.8M19.3M25.9M29.8M18.1M
Short Term Debt81K56K1.2M8.7M7.8M8.1M
Accumulated Other Comprehensive Income30.7M92.4M76.2M196.7M226.2M237.6M
Other Current Assets42K53K11K5K4.5K4.3K
Non Currrent Assets Other334K321K311K305K274.5K260.8K
Non Current Liabilities Total119K63K1.3M598K538.2K511.3K
Common Stock277.2M280.1M282.6M283.6M326.2M278.1M
Net Tangible Assets44.2M51.5M136.8M115.4M132.8M77.7M
Long Term Investments46.4M117.8M98.1M158.1M181.9M191.0M
Property Plant Equipment50K225K130K120K108K102.6K
Net Invested Capital51.5M136.8M116.6M182.8M210.2M220.7M
Net Working Capital4.6M18.7M16.9M15.9M18.2M10.2M
Capital Stock277.2M280.1M282.6M283.6M326.2M307.0M

Pair Trading with Mega Uranium

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mega Uranium position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mega Uranium will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mega Stock

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  0.75ENS-PA E Split CorpPairCorr

Moving against Mega Stock

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  0.68MFC-PC Manulife Finl SrsPairCorr
  0.52SLF-PC Sun Life FinancialPairCorr
  0.5SLF-PD Sun Life FinancialPairCorr
The ability to find closely correlated positions to Mega Uranium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mega Uranium when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mega Uranium - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mega Uranium to buy it.
The correlation of Mega Uranium is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mega Uranium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mega Uranium moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mega Uranium can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Mega Stock

Balance Sheet is a snapshot of the financial position of Mega Uranium at a specified time, usually calculated after every quarter, six months, or one year. Mega Uranium Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mega Uranium 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 Mega currently owns. An asset can also be divided into two categories, current and non-current.