Kincora Copper Stock Current Asset
| KCC Stock | CAD 0.04 0.01 33.33% |
Kincora Copper fundamentals help investors to digest information that contributes to Kincora Copper's financial success or failures. It also enables traders to predict the movement of Kincora Stock. The fundamental analysis module provides a way to measure Kincora Copper'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 Kincora Copper stock.
Total Current Assets is likely to climb to about 3 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 15.2 M in 2024. Kincora | Current Asset |
Kincora Copper Company Current Asset Analysis
Kincora Copper's 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.
Kincora Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Kincora Copper is extremely important. It helps to project a fair market value of Kincora Stock properly, considering its historical fundamentals such as Current Asset. Since Kincora Copper'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 Kincora Copper'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 Kincora Copper's interrelated accounts and indicators.
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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.
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Kincora Total Assets
Total Assets |
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In accordance with the recently published financial statements, Kincora Copper has a Current Asset of 0.0. This is 100.0% lower than that of the Metals & Mining 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.
Kincora Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kincora Copper's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kincora Copper could also be used in its relative valuation, which is a method of valuing Kincora Copper by comparing valuation metrics of similar companies.Kincora Copper is currently under evaluation in current asset category among its peers.
Kincora Copper Current Valuation Drivers
We derive many important indicators used in calculating different scores of Kincora Copper from analyzing Kincora Copper's financial statements. These drivers represent accounts that assess Kincora Copper's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Kincora Copper's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 14.2M | 8.3M | 5.2M | 21.9M | 19.7M | 20.7M | |
| Enterprise Value | 11.0M | 7.4M | 2.3M | 17.4M | 15.7M | 16.5M |
Kincora Fundamentals
| Return On Equity | -0.13 | ||||
| Return On Asset | -0.0864 | ||||
| Current Valuation | 8.41 M | ||||
| Shares Outstanding | 259.75 M | ||||
| Shares Owned By Insiders | 15.47 % | ||||
| Shares Owned By Institutions | 7.38 % | ||||
| Number Of Shares Shorted | 875 | ||||
| Price To Earning | (5.30) X | ||||
| Price To Book | 0.52 X | ||||
| Gross Profit | (20 K) | ||||
| EBITDA | (1.52 M) | ||||
| Net Income | (1.46 M) | ||||
| Cash And Equivalents | 576 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 248 K | ||||
| Debt To Equity | 0.90 % | ||||
| Current Ratio | 1.00 X | ||||
| Book Value Per Share | 0.07 X | ||||
| Cash Flow From Operations | (1.22 M) | ||||
| Short Ratio | 0.02 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 2.07 | ||||
| Market Capitalization | 9.09 M | ||||
| Total Asset | 17.75 M | ||||
| Retained Earnings | (187.84 M) | ||||
| Working Capital | 1.45 M | ||||
| Net Asset | 17.75 M |
About Kincora Copper Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kincora Copper's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kincora Copper using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kincora Copper 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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Additional Tools for Kincora Stock Analysis
When running Kincora Copper's price analysis, check to measure Kincora Copper'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 Kincora Copper is operating at the current time. Most of Kincora Copper's value examination focuses on studying past and present price action to predict the probability of Kincora Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kincora Copper's price. Additionally, you may evaluate how the addition of Kincora Copper to your portfolios can decrease your overall portfolio volatility.