Eastfield Resources Stock Working Capital

ETF Stock  CAD 0.03  0.00  0.00%   
Eastfield Resources fundamentals help investors to digest information that contributes to Eastfield Resources' financial success or failures. It also enables traders to predict the movement of Eastfield Stock. The fundamental analysis module provides a way to measure Eastfield Resources' 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 Eastfield Resources stock.
Last ReportedProjected for Next Year
Net Working Capital153.4 K263.3 K
Change In Working Capital11.7 K12.3 K
Net Working Capital is likely to climb to about 263.3 K in 2024. Change In Working Capital is likely to climb to about 12.3 K in 2024.
  
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Eastfield Resources Company Working Capital Analysis

Eastfield Resources' 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. .

Working Capital

 = 

Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Eastfield Resources Working Capital

    
  153.35 K  
Most of Eastfield Resources' 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, Eastfield Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Eastfield Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Eastfield Resources is extremely important. It helps to project a fair market value of Eastfield Stock properly, considering its historical fundamentals such as Working Capital. Since Eastfield Resources' 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 Eastfield Resources' 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 Eastfield Resources' interrelated accounts and indicators.
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

Eastfield Net Invested Capital

Net Invested Capital

2.14 Million

At this time, Eastfield Resources' Net Invested Capital is fairly stable compared to the past year.
According to the company's disclosures, Eastfield Resources has a Working Capital of 153.35 K. This is 99.98% lower than that of the Metals & Mining sector and 99.95% lower than that of the Materials industry. The working capital for all Canada stocks is 99.99% higher than that of the company.

Eastfield Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eastfield Resources' 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 Eastfield Resources could also be used in its relative valuation, which is a method of valuing Eastfield Resources by comparing valuation metrics of similar companies.
Eastfield Resources is currently under evaluation in working capital category among its peers.

Eastfield Fundamentals

About Eastfield Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eastfield Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastfield Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastfield 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Eastfield Stock Analysis

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