Ming Shing Group Stock Working Capital

MSW Stock  USD 6.42  0.69  12.04%   
Ming Shing Group fundamentals help investors to digest information that contributes to Ming Shing's financial success or failures. It also enables traders to predict the movement of Ming Stock. The fundamental analysis module provides a way to measure Ming Shing'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 Ming Shing stock.
Net Working Capital is likely to drop to about 808.3 K in 2024. Change In Working Capital is likely to drop to about (385.5 K) in 2024.
  
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Ming Shing Group Company Working Capital Analysis

Ming Shing's 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

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Ming Shing Working Capital

    
  1.1 M  
Most of Ming Shing's 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, Ming Shing Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ming Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Ming Shing is extremely important. It helps to project a fair market value of Ming Stock properly, considering its historical fundamentals such as Working Capital. Since Ming Shing'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 Ming Shing'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 Ming Shing's 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

Ming Capital Lease Obligations

Capital Lease Obligations

219,495

At this time, Ming Shing's Capital Lease Obligations is fairly stable compared to the past year.
Based on the company's disclosures, Ming Shing Group has a Working Capital of 1.1 M. This is 99.66% lower than that of the Industrials sector and 99.77% lower than that of the Engineering & Construction industry. The working capital for all United States stocks is 99.93% higher than that of the company.

Ming Working Capital Peer Comparison

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

Ming Fundamentals

About Ming Shing Fundamental Analysis

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

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