G6 Materials Corp Stock Current Asset

GGG Stock  CAD 0.04  0.00  0.00%   
G6 Materials Corp fundamentals help investors to digest information that contributes to G6 Materials' financial success or failures. It also enables traders to predict the movement of GGG Stock. The fundamental analysis module provides a way to measure G6 Materials' 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 G6 Materials stock.
Non Current Assets Total is likely to climb to about 418.9 K in 2024, whereas Total Current Assets are likely to drop slightly above 1.2 M in 2024.
  
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G6 Materials Corp Company Current Asset Analysis

G6 Materials' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

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Deposits

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Liquid Assets

More About Current Asset | All Equity Analysis

GGG Current Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for G6 Materials is extremely important. It helps to project a fair market value of GGG Stock properly, considering its historical fundamentals such as Current Asset. Since G6 Materials' 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 G6 Materials' 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 G6 Materials' interrelated accounts and indicators.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

GGG Total Assets

Total Assets

1.64 Million

At this time, G6 Materials' Total Assets are fairly stable compared to the past year.
In accordance with the recently published financial statements, G6 Materials Corp has a Current Asset of 0.0. This is 100.0% lower than that of the Chemicals sector and 100.0% lower than that of the Materials industry. The current asset for all Canada stocks is 100.0% higher than that of the company.

G6 Materials Current Valuation Drivers

We derive many important indicators used in calculating different scores of G6 Materials from analyzing G6 Materials' financial statements. These drivers represent accounts that assess G6 Materials' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of G6 Materials' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap45.1M147.0M70.6M29.5M64.3M90.7M
Enterprise Value44.7M142.3M68.6M29.1M93.6M91.0M

GGG Fundamentals

About G6 Materials Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze G6 Materials Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of G6 Materials using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of G6 Materials Corp 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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Additional Tools for GGG Stock Analysis

When running G6 Materials' price analysis, check to measure G6 Materials' 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 G6 Materials is operating at the current time. Most of G6 Materials' value examination focuses on studying past and present price action to predict the probability of G6 Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move G6 Materials' price. Additionally, you may evaluate how the addition of G6 Materials to your portfolios can decrease your overall portfolio volatility.