MagIndustries Corp Financials

MAAFF Stock  USD 0.0001  0.00  0.00%   
Based on the analysis of MagIndustries Corp's profitability, liquidity, and operating efficiency, MagIndustries Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January. 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. Key indicators impacting MagIndustries Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.90.86
Sufficiently Up
Slightly volatile
Current Ratio0.110.099
Significantly Up
Slightly volatile
The financial analysis of MagIndustries Corp is a critical element in measuring its lifeblood. Investors should not minimize MagIndustries Corp's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(24.58 Million)

  
Understanding current and past MagIndustries Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of MagIndustries Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in MagIndustries Corp's assets may result in an increase in income on the income statement.

MagIndustries Corp Stock Summary

MagIndustries Corp competes with Intrepid Potash, American Vanguard, CF Industries, Mosaic, and Nutrien. MagIndustries Corp. engages in mineral and forestry businesses in Canada. MagIndustries Corp. is a subsidiary of Evergreen Resources Holding Ltd. MAGINDUSTRIES CORP operates under Agricultural Inputs classification in the United States and is traded on PNK Exchange. It employs 315 people.
Specialization
Basic Materials, Agricultural Inputs
InstrumentUSA Stock View All
ExchangeOTCCE Exchange
Business Address33 Yonge Street,
SectorPaper & Forest Products
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.magindustries.biz
Phone416 368 7911
CurrencyUSD - US Dollar

MagIndustries Corp Key Financial Ratios

MagIndustries Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MagIndustries Corp's current stock value. Our valuation model uses many indicators to compare MagIndustries Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MagIndustries Corp competition to find correlations between indicators driving MagIndustries Corp's intrinsic value. More Info.
MagIndustries Corp is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, MagIndustries Corp's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value MagIndustries Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

MagIndustries Corp Systematic Risk

MagIndustries Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MagIndustries Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on MagIndustries Corp correlated with the market. If Beta is less than 0 MagIndustries Corp generally moves in the opposite direction as compared to the market. If MagIndustries Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MagIndustries Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MagIndustries Corp is generally in the same direction as the market. If Beta > 1 MagIndustries Corp moves generally in the same direction as, but more than the movement of the benchmark.

About MagIndustries Corp Financials

What exactly are MagIndustries Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include MagIndustries Corp's income statement, its balance sheet, and the statement of cash flows. Potential MagIndustries Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although MagIndustries Corp investors may use each financial statement separately, they are all related. The changes in MagIndustries Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MagIndustries Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Today, most investors in MagIndustries Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MagIndustries Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of MagIndustries Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.15

At this time, MagIndustries Corp's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

Complementary Tools for MagIndustries Stock analysis

When running MagIndustries Corp's price analysis, check to measure MagIndustries Corp'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 MagIndustries Corp is operating at the current time. Most of MagIndustries Corp's value examination focuses on studying past and present price action to predict the probability of MagIndustries Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MagIndustries Corp's price. Additionally, you may evaluate how the addition of MagIndustries Corp to your portfolios can decrease your overall portfolio volatility.
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