Volcanic Gold Mines Stock Working Capital
| VG Stock | CAD 0.15 0.04 21.05% |
Volcanic Gold Mines fundamentals help investors to digest information that contributes to Volcanic Gold's financial success or failures. It also enables traders to predict the movement of Volcanic Stock. The fundamental analysis module provides a way to measure Volcanic Gold'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 Volcanic Gold stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 3 M | 4.5 M | |
| Change In Working Capital | -23.2 K | -22 K | |
| Working Capital | 0.00 | 0.00 |
Volcanic | Working Capital |
Volcanic Gold Mines Company Working Capital Analysis
Volcanic Gold'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 Volcanic Gold Working Capital | 2.97 M |
Most of Volcanic Gold'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, Volcanic Gold Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Volcanic Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Volcanic Gold is extremely important. It helps to project a fair market value of Volcanic Stock properly, considering its historical fundamentals such as Working Capital. Since Volcanic Gold's 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 Volcanic Gold's 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 Volcanic Gold's interrelated accounts and indicators.
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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 |
Volcanic Net Invested Capital
Net Invested Capital |
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As per the company's disclosures, Volcanic Gold Mines has a Working Capital of 2.97 M. This is 99.59% lower than that of the Metals & Mining sector and 99.08% lower than that of the Materials industry. The working capital for all Canada stocks is 99.8% higher than that of the company.
Volcanic Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Volcanic Gold'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 Volcanic Gold could also be used in its relative valuation, which is a method of valuing Volcanic Gold by comparing valuation metrics of similar companies.Volcanic Gold is currently under evaluation in working capital category among related companies.
Volcanic Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Volcanic Gold from analyzing Volcanic Gold's financial statements. These drivers represent accounts that assess Volcanic Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Volcanic Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.3M | 8.9M | 23.2M | 8.7M | 12.3M | 12.9M | |
| Enterprise Value | 1.1M | (2.8M) | 15.0M | 3.1M | 9.1M | 9.6M |
Volcanic Fundamentals
| Return On Equity | -0.5 | ||||
| Return On Asset | -0.31 | ||||
| Current Valuation | 3.49 M | ||||
| Shares Outstanding | 45.55 M | ||||
| Shares Owned By Insiders | 27.27 % | ||||
| Number Of Shares Shorted | 9.9 K | ||||
| Price To Earning | (20.00) X | ||||
| Price To Book | 2.86 X | ||||
| Gross Profit | (43.57 K) | ||||
| EBITDA | (2.31 M) | ||||
| Net Income | (2.29 M) | ||||
| Cash And Equivalents | 249.05 K | ||||
| Cash Per Share | 0.03 X | ||||
| Current Ratio | 2.23 X | ||||
| Book Value Per Share | 0.08 X | ||||
| Cash Flow From Operations | (2.23 M) | ||||
| Short Ratio | 1.44 X | ||||
| Earnings Per Share | (0.05) X | ||||
| Beta | 2.17 | ||||
| Market Capitalization | 6.83 M | ||||
| Total Asset | 3.66 M | ||||
| Retained Earnings | (24.96 M) | ||||
| Working Capital | 2.97 M | ||||
| Net Asset | 3.66 M |
About Volcanic Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Volcanic Gold Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Volcanic Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Volcanic Gold Mines 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.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Volcanic Gold Mines. 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Volcanic Stock analysis
When running Volcanic Gold's price analysis, check to measure Volcanic Gold'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 Volcanic Gold is operating at the current time. Most of Volcanic Gold's value examination focuses on studying past and present price action to predict the probability of Volcanic Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Volcanic Gold's price. Additionally, you may evaluate how the addition of Volcanic Gold to your portfolios can decrease your overall portfolio volatility.
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