Mas Gold Corp Stock Current Ratio

MAS Stock  CAD 0.02  0.01  100.00%   
MAS Gold Corp fundamentals help investors to digest information that contributes to MAS Gold's financial success or failures. It also enables traders to predict the movement of MAS Stock. The fundamental analysis module provides a way to measure MAS Gold'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 MAS Gold stock.
Last ReportedProjected for Next Year
Current Ratio 1.03  0.98 
Current Ratio is likely to drop to 0.98 in 2024.
  
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MAS Gold Corp Company Current Ratio Analysis

MAS Gold's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

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Current MAS Gold Current Ratio

    
  0.47 X  
Most of MAS Gold's fundamental indicators, such as Current Ratio, 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, MAS Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

MAS Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for MAS Gold is extremely important. It helps to project a fair market value of MAS Stock properly, considering its historical fundamentals such as Current Ratio. Since MAS Gold'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 MAS Gold'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 MAS Gold's interrelated accounts and indicators.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

MAS Price To Sales Ratio

Price To Sales Ratio

1.65

At this time, MAS Gold's Price To Sales Ratio is fairly stable compared to the past year.
In accordance with the recently published financial statements, MAS Gold Corp has a Current Ratio of 0.47 times. This is 87.73% lower than that of the Metals & Mining sector and 96.16% lower than that of the Materials industry. The current ratio for all Canada stocks is 78.24% higher than that of the company.

MAS Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MAS Gold's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MAS Gold could also be used in its relative valuation, which is a method of valuing MAS Gold by comparing valuation metrics of similar companies.
MAS Gold is currently under evaluation in current ratio category among its peers.

MAS Gold Current Valuation Drivers

We derive many important indicators used in calculating different scores of MAS Gold from analyzing MAS Gold's financial statements. These drivers represent accounts that assess MAS Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MAS Gold's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap5.8M14.6M14.8M3.2M2.9M2.1M
Enterprise Value5.8M13.8M14.6M2.5M2.2M2.0M

MAS Fundamentals

About MAS Gold Fundamental Analysis

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

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