Canadian Spirit Resources Stock Working Capital
| SPI Stock | CAD 0.09 0.00 0.00% |
Canadian Spirit Resources fundamentals help investors to digest information that contributes to Canadian Spirit's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian Spirit'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 Canadian Spirit stock.
Net Working Capital is likely to drop to about 221.9 K in 2024. Change In Working Capital is likely to climb to about (164.9 K) in 2024. Canadian | Working Capital |
Canadian Spirit Resources Company Working Capital Analysis
Canadian Spirit'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. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Canadian Spirit Working Capital | 259.57 K |
Most of Canadian Spirit'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, Canadian Spirit Resources 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 |
Canadian Net Invested Capital
Net Invested Capital |
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Based on the company's disclosures, Canadian Spirit Resources has a Working Capital of 259.57 K. This is 100.09% lower than that of the Oil, Gas & Consumable Fuels sector and 99.98% lower than that of the Energy industry. The working capital for all Canada stocks is 99.98% higher than that of the company.
Canadian Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Spirit's 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 Canadian Spirit could also be used in its relative valuation, which is a method of valuing Canadian Spirit by comparing valuation metrics of similar companies.Canadian Spirit is currently under evaluation in working capital category among related companies.
Canadian Fundamentals
| Return On Equity | -0.0592 | ||||
| Return On Asset | -0.032 | ||||
| Operating Margin | (4.15) % | ||||
| Current Valuation | 24.63 M | ||||
| Shares Outstanding | 278.18 M | ||||
| Shares Owned By Insiders | 63.21 % | ||||
| Number Of Shares Shorted | 32 | ||||
| Price To Earning | (0.55) X | ||||
| Price To Book | 0.61 X | ||||
| Price To Sales | 41.04 X | ||||
| Revenue | 284.01 K | ||||
| Gross Profit | (162.7 K) | ||||
| EBITDA | (1.47 M) | ||||
| Net Income | (1.83 M) | ||||
| Cash And Equivalents | 1.65 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 45.68 K | ||||
| Debt To Equity | 0.10 % | ||||
| Current Ratio | 14.46 X | ||||
| Book Value Per Share | 0.13 X | ||||
| Cash Flow From Operations | (1.33 M) | ||||
| Short Ratio | 0.10 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Target Price | 0.15 | ||||
| Beta | 1.76 | ||||
| Market Capitalization | 25.04 M | ||||
| Total Asset | 39.27 M | ||||
| Retained Earnings | (95.94 M) | ||||
| Working Capital | 259.57 K | ||||
| Net Asset | 39.27 M |
About Canadian Spirit Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Spirit Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Spirit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Spirit 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canadian Spirit in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canadian Spirit's short interest history, or implied volatility extrapolated from Canadian Spirit options trading.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Canadian Spirit Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Canadian Stock analysis
When running Canadian Spirit's price analysis, check to measure Canadian Spirit'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 Canadian Spirit is operating at the current time. Most of Canadian Spirit's value examination focuses on studying past and present price action to predict the probability of Canadian Spirit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Spirit's price. Additionally, you may evaluate how the addition of Canadian Spirit to your portfolios can decrease your overall portfolio volatility.
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