Nortec Minerals Financials
NVT Stock | CAD 0.02 0.00 0.00% |
Short Ratio 2.49 | Return On Equity (6.99) |
Nortec | Select Account or Indicator |
Please note, the imprecision that can be found in Nortec Minerals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nortec Minerals Corp. Check Nortec Minerals' Beneish M Score to see the likelihood of Nortec Minerals' management manipulating its earnings.
Nortec Minerals Stock Summary
Nortec Minerals competes with MTY Food, Guru Organic, Computer Modelling, Canadian Utilities, and Precision Drilling. Nortec Minerals Corp. engages in the exploration and development of mineral properties. Nortec Minerals Corp. was incorporated in 1999 and is based in Vancouver, Canada. NORTEC MINERALS operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Foreign Associate | USA |
Specialization | Basic Materials, Other Industrial Metals & Mining |
Instrument | Canada Stock View All |
Exchange | TSX Venture Exchange |
ISIN | CA65655Q2027 |
Business Address | 600 625 Howe |
Sector | Metals & Mining |
Industry | Materials |
Benchmark | Dow Jones Industrial |
Website | nortecminerals.com |
Phone | 604 717 6426 |
Currency | CAD - Canadian Dollar |
You should never invest in Nortec Minerals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nortec Stock, because this is throwing your money away. Analyzing the key information contained in Nortec Minerals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nortec Minerals Key Financial Ratios
There are many critical financial ratios that Nortec Minerals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nortec Minerals Corp reports annually and quarterly.Gross Profit | (14.83 K) | ||||
EBITDA | 1.68 M | ||||
Net Income | (327.44 K) | ||||
Total Asset | 348.58 K | ||||
Retained Earnings | (27.27 M) |
Nortec Minerals Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.2M | 3.3M | 206.0K | 595.9K | 348.6K | 331.2K | |
Net Tangible Assets | 1.5M | 2.1M | 2.1M | 2.4M | 2.2M | 1.7M | |
Retained Earnings | (23.0M) | (23.2M) | (26.3M) | (27.1M) | (27.3M) | (28.6M) | |
Accounts Payable | 463.8K | 465.0K | 231.1K | 274.4K | 187.1K | 253.4K | |
Cash | 5.2K | 58.7K | 114.7K | 557.4K | 115.3K | 187.3K | |
Net Receivables | 4.0K | 6.7K | 2.0K | 5.4K | 4.8K | 7.3K | |
Total Liab | 1.1M | 853.4K | 636.9K | 628.4K | 387.2K | 537.2K | |
Total Current Assets | 12.9K | 102.7K | 117.6K | 562.8K | 335.1K | 228.8K | |
Common Stock | 19.7M | 20.7M | 21.0M | 21.5M | 24.8M | 21.4M | |
Net Invested Capital | 2.5M | 2.6M | (285.9K) | 112.5K | 106.4K | 101.0K | |
Net Working Capital | (1.0M) | (750.7K) | (519.3K) | (65.6K) | (52.2K) | (54.8K) | |
Net Debt | 424.6K | 86.3K | 30.3K | 29.7K | 26.7K | 25.4K | |
Capital Stock | 21.0M | 21.5M | 21.6M | 23.0M | 23.0M | 24.0M |
Nortec Minerals Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Selling General Administrative | 254.0K | 296.1K | 186.0K | 142.0K | 150.9K | 254.1K | |
Operating Income | (268.8K) | (296.1K) | (186.0K) | (1.2M) | (562.5K) | (590.6K) | |
Net Income From Continuing Ops | (292.8K) | (230.0K) | (3.0M) | (898.3K) | (327.4K) | (343.8K) | |
Ebit | (254.3K) | (268.6K) | 165.3K | (1.2M) | (1.4M) | (1.3M) | |
Total Operating Expenses | 268.8K | 296.1K | 186.0K | 1.2M | 562.5K | 465.7K | |
Income Before Tax | (292.8K) | (230.0K) | (3.0M) | (898.3K) | (327.4K) | (343.8K) | |
Total Other Income Expense Net | 380.0 | 91.8K | (2.8M) | 287.0K | 235.0K | 246.8K | |
Net Income Applicable To Common Shares | (433.2K) | (292.8K) | (230.0K) | 139.2K | 160.0K | 168.0K | |
Net Income | (292.8K) | (230.0K) | (3.0M) | (898.3K) | (327.4K) | (343.8K) |
Nortec Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nortec Minerals's current stock value. Our valuation model uses many indicators to compare Nortec Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nortec Minerals competition to find correlations between indicators driving Nortec Minerals's intrinsic value. More Info.Nortec Minerals Corp is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nortec Minerals' earnings, one of the primary drivers of an investment's value.Nortec Minerals Corp Systematic Risk
Nortec Minerals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nortec Minerals 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 output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Nortec Minerals Corp correlated with the market. If Beta is less than 0 Nortec Minerals generally moves in the opposite direction as compared to the market. If Nortec Minerals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nortec Minerals Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nortec Minerals is generally in the same direction as the market. If Beta > 1 Nortec Minerals moves generally in the same direction as, but more than the movement of the benchmark.
Nortec Minerals Corp Total Assets Over Time
Nortec Minerals December 20, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nortec Minerals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nortec Minerals Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nortec Minerals Corp based on widely used predictive technical indicators. In general, we focus on analyzing Nortec Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nortec Minerals's daily price indicators and compare them against related drivers.
Information Ratio | 0.0294 | |||
Maximum Drawdown | 83.33 |
Additional Tools for Nortec Stock Analysis
When running Nortec Minerals' price analysis, check to measure Nortec Minerals' 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 Nortec Minerals is operating at the current time. Most of Nortec Minerals' value examination focuses on studying past and present price action to predict the probability of Nortec Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortec Minerals' price. Additionally, you may evaluate how the addition of Nortec Minerals to your portfolios can decrease your overall portfolio volatility.