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.

Cash Flow Balance Sheet Income Statement

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 Property Plant And Equipment Net Net Debt Accounts Payable Short Long Term Debt

Add Fundamental

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.

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.

	2021	2022	2023	2024 (projected)
Total Stockholder Equity	115.4M	174.2M	200.3M	108.3M
Total Current Liabilities	2.5M	10.1M	11.6M	12.2M

Total Stockholder Equity Total Current Liabilities

Mega Uranium balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Other Current Assets	Non Currrent Assets Other	Non Current Liabilities Total	Other Assets	Intangible Assets	Common Stock
Total Assets		0.55	0.72	1.0	0.23	0.65	-0.23	-0.15	0.14	1.0	0.93	-0.1	0.68	0.85	0.07	0.76	0.23	0.94	0.71	0.43	-0.08	-0.26	-0.43	0.42	-0.13	0.21
Other Current Liab	0.55		0.53	0.54	0.01	0.41	-0.46	0.25	-0.16	0.54	0.55	0.58	0.56	0.51	-0.01	0.58	0.01	0.59	0.31	0.49	0.37	-0.07	-0.48	0.66	-0.38	0.44
Total Current Liabilities	0.72	0.53		0.68	-0.11	0.98	-0.06	-0.09	-0.39	0.7	0.76	-0.08	0.61	0.87	-0.27	0.98	-0.11	0.77	0.74	0.2	-0.19	-0.07	-0.19	0.39	-0.22	0.3
Total Stockholder Equity	1.0	0.54	0.68		0.25	0.61	-0.24	-0.15	0.18	1.0	0.92	-0.09	0.67	0.83	0.09	0.73	0.25	0.93	0.69	0.44	-0.07	-0.27	-0.44	0.42	-0.12	0.2
Property Plant And Equipment Net	0.23	0.01	-0.11	0.25		-0.25	0.17	0.37	0.6	0.27	0.0	0.31	-0.14	-0.06	0.94	-0.09	1.0	0.04	0.48	0.09	0.66	0.05	-0.09	-0.24	0.66	-0.66
Net Debt	0.65	0.41	0.98	0.61	-0.25		0.01	-0.22	-0.48	0.62	0.73	-0.21	0.55	0.85	-0.41	0.95	-0.25	0.73	0.66	0.09	-0.34	-0.12	-0.08	0.32	-0.24	0.31
Retained Earnings	-0.23	-0.46	-0.06	-0.24	0.17	0.01		-0.06	-0.22	-0.25	-0.13	-0.23	-0.74	-0.08	0.04	-0.09	0.17	-0.14	0.02	-0.94	-0.06	0.27	0.94	-0.34	0.83	-0.81
Accounts Payable	-0.15	0.25	-0.09	-0.15	0.37	-0.22	-0.06		-0.16	-0.12	-0.31	0.63	-0.21	-0.3	0.34	-0.06	0.37	-0.27	0.03	0.09	0.67	0.68	-0.1	0.28	0.12	-0.13
Cash	0.14	-0.16	-0.39	0.18	0.6	-0.48	-0.22	-0.16		0.18	-0.07	0.02	0.09	-0.18	0.63	-0.39	0.6	-0.06	0.07	0.35	0.3	-0.43	-0.36	-0.3	0.21	-0.24
Non Current Assets Total	1.0	0.54	0.7	1.0	0.27	0.62	-0.25	-0.12	0.18		0.9	-0.08	0.67	0.82	0.1	0.74	0.26	0.92	0.71	0.45	-0.05	-0.26	-0.45	0.42	-0.12	0.2
Cash And Short Term Investments	0.93	0.55	0.76	0.92	0.0	0.73	-0.13	-0.31	-0.07	0.9		-0.23	0.66	0.95	-0.15	0.79	-0.01	1.0	0.63	0.27	-0.3	-0.26	-0.26	0.39	-0.17	0.25
Net Receivables	-0.1	0.58	-0.08	-0.09	0.31	-0.21	-0.23	0.63	0.02	-0.08	-0.23		-0.06	-0.24	0.34	-0.06	0.31	-0.18	-0.07	0.24	0.89	0.09	-0.24	0.43	0.0	0.0
Common Stock Shares Outstanding	0.68	0.56	0.61	0.67	-0.14	0.55	-0.74	-0.21	0.09	0.67	0.66	-0.06		0.7	-0.15	0.58	-0.14	0.66	0.44	0.83	-0.21	-0.39	-0.82	0.36	-0.69	0.72
Short Term Investments	0.85	0.51	0.87	0.83	-0.06	0.85	-0.08	-0.3	-0.18	0.82	0.95	-0.24	0.7		-0.22	0.85	-0.06	0.95	0.67	0.24	-0.33	-0.24	-0.23	0.35	-0.2	0.26
Other Stockholder Equity	0.07	-0.01	-0.27	0.09	0.94	-0.41	0.04	0.34	0.63	0.1	-0.15	0.34	-0.15	-0.22		-0.26	0.94	-0.11	0.33	0.16	0.66	0.05	-0.16	-0.37	0.56	-0.57
Total Liab	0.76	0.58	0.98	0.73	-0.09	0.95	-0.09	-0.06	-0.39	0.74	0.79	-0.06	0.58	0.85	-0.26		-0.09	0.8	0.75	0.21	-0.17	-0.04	-0.21	0.43	-0.22	0.3
Property Plant And Equipment Gross	0.23	0.01	-0.11	0.25	1.0	-0.25	0.17	0.37	0.6	0.26	-0.01	0.31	-0.14	-0.06	0.94	-0.09		0.04	0.48	0.09	0.66	0.05	-0.09	-0.24	0.66	-0.66
Total Current Assets	0.94	0.59	0.77	0.93	0.04	0.73	-0.14	-0.27	-0.06	0.92	1.0	-0.18	0.66	0.95	-0.11	0.8	0.04		0.65	0.29	-0.24	-0.26	-0.28	0.41	-0.16	0.24
Short Term Debt	0.71	0.31	0.74	0.69	0.48	0.66	0.02	0.03	0.07	0.71	0.63	-0.07	0.44	0.67	0.33	0.75	0.48	0.65		0.24	0.1	-0.07	-0.24	0.02	0.18	-0.13
Current Deferred Revenue	0.43	0.49	0.2	0.44	0.09	0.09	-0.94	0.09	0.35	0.45	0.27	0.24	0.83	0.24	0.16	0.21	0.09	0.29	0.24		0.16	-0.29	-1.0	0.32	-0.68	0.68
Other Current Assets	-0.08	0.37	-0.19	-0.07	0.66	-0.34	-0.06	0.67	0.3	-0.05	-0.3	0.89	-0.21	-0.33	0.66	-0.17	0.66	-0.24	0.1	0.16		0.11	-0.16	0.16	0.32	-0.33
Non Currrent Assets Other	-0.26	-0.07	-0.07	-0.27	0.05	-0.12	0.27	0.68	-0.43	-0.26	-0.26	0.09	-0.39	-0.24	0.05	-0.04	0.05	-0.26	-0.07	-0.29	0.11		0.29	0.13	0.18	-0.17
Non Current Liabilities Total	-0.43	-0.48	-0.19	-0.44	-0.09	-0.08	0.94	-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	-0.16	0.29		-0.31	0.68	-0.67
Other Assets	0.42	0.66	0.39	0.42	-0.24	0.32	-0.34	0.28	-0.3	0.42	0.39	0.43	0.36	0.35	-0.37	0.43	-0.24	0.41	0.02	0.32	0.16	0.13	-0.31		-0.45	0.49
Intangible Assets	-0.13	-0.38	-0.22	-0.12	0.66	-0.24	0.83	0.12	0.21	-0.12	-0.17	0.0	-0.69	-0.2	0.56	-0.22	0.66	-0.16	0.18	-0.68	0.32	0.18	0.68	-0.45		-0.99
Common Stock	0.21	0.44	0.3	0.2	-0.66	0.31	-0.81	-0.13	-0.24	0.2	0.25	0.0	0.72	0.26	-0.57	0.3	-0.66	0.24	-0.13	0.68	-0.33	-0.17	-0.67	0.49	-0.99

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Mega Uranium Account Relationship Matchups

Mega Uranium balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	52.6M	138.0M	117.9M	184.9M	212.6M	120.2M
Other Current Liab	843K	991K	1.2M	1.3M	1.5M	925.4K
Total Current Liabilities	969K	1.1M	2.5M	10.1M	11.6M	12.2M
Total Stockholder Equity	51.5M	136.8M	115.4M	174.2M	200.3M	108.3M
Property Plant And Equipment Net	225K	130K	120K	472K	424.8K	403.6K
Net Debt	(410K)	(1.2M)	692K	8.7M	10.0M	10.5M
Retained Earnings	(323.3M)	(302.2M)	(310.6M)	(306.2M)	(275.6M)	(261.8M)
Accounts Payable	45K	59K	80K	116K	104.4K	99.2K
Cash	610K	1.3M	510K	347K	312.3K	296.7K
Non Current Assets Total	47.0M	118.2M	98.6M	158.9M	182.8M	102.1M
Cash And Short Term Investments	5.3M	19.5M	18.6M	25.6M	29.5M	16.9M
Net Receivables	210K	254K	692K	305K	274.5K	372.1K
Common Stock Shares Outstanding	328.6M	353.7M	355.0M	367.6M	422.7M	443.9M
Short Term Investments	4.7M	18.2M	18.1M	25.3M	29.1M	30.5M
Liabilities And Stockholders Equity	52.6M	138.0M	117.9M	184.9M	212.6M	120.2M
Other Stockholder Equity	66.8M	67.3M	66.8M	67.2M	1.2K	1.1K
Total Liab	1.1M	1.2M	2.5M	10.7M	9.6M	8.6M
Property Plant And Equipment Gross	225K	130K	120K	472K	424.8K	403.6K
Total Current Assets	5.6M	19.8M	19.3M	25.9M	29.8M	18.1M
Short Term Debt	81K	56K	1.2M	8.7M	7.8M	8.1M
Accumulated Other Comprehensive Income	30.7M	92.4M	76.2M	196.7M	226.2M	237.6M
Other Current Assets	42K	53K	11K	5K	4.5K	4.3K
Non Currrent Assets Other	334K	321K	311K	305K	274.5K	260.8K
Non Current Liabilities Total	119K	63K	1.3M	598K	538.2K	511.3K
Common Stock	277.2M	280.1M	282.6M	283.6M	326.2M	278.1M
Net Tangible Assets	44.2M	51.5M	136.8M	115.4M	132.8M	77.7M
Long Term Investments	46.4M	117.8M	98.1M	158.1M	181.9M	191.0M
Property Plant Equipment	50K	225K	130K	120K	108K	102.6K
Net Invested Capital	51.5M	136.8M	116.6M	182.8M	210.2M	220.7M
Net Working Capital	4.6M	18.7M	16.9M	15.9M	18.2M	10.2M
Capital Stock	277.2M	280.1M	282.6M	283.6M	326.2M	307.0M

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

0.84	ENB-PFV	Enbridge Pref 5	Pair Corr
0.77	ENS	E Split Corp	Pair Corr
0.75	ENS-PA	E Split Corp	Pair Corr

Moving against Mega Stock

0.69	SAGE	Sage Potash Corp	Pair Corr
0.68	MFC-PC	Manulife Finl Srs	Pair Corr
0.52	SLF-PC	Sun Life Financial	Pair Corr
0.5	SLF-PD	Sun Life Financial	Pair Corr

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 Correlation Correlation Matching

Other Information on Investing in Mega Stock

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Mega Historical Balance Sheet

Mega Uranium Inventory

(1.75 Million)

About Mega Balance Sheet Analysis

Mega Uranium Balance Sheet Chart

Total Stockholder Equity

Property Plant And Equipment Net

Net Debt

Accounts Payable

Short Long Term Debt

Mega Uranium balance sheet Correlations

Mega Uranium Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mega Uranium balance sheet Accounts

Pair Trading with Mega Uranium

Moving together with Mega Stock

Moving against Mega Stock

Other Information on Investing in Mega Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Cash And Short Term Investments
Net Debt	+ 0.98	Total Current Liabilities

Non Current Liabilities Total	- 1.0	Current Deferred Revenue
Common Stock	- 0.99	Intangible Assets
Current Deferred Revenue	- 0.94	Retained Earnings
Non Current Liabilities Total	- 0.82	Common Stock Shares Outstanding
Common Stock	- 0.81	Retained Earnings
Common Stock Shares Outstanding	- 0.74	Retained Earnings