Stellar Africagold Stock Working Capital

SPX Stock  CAD 0.06  0.00  0.00%   
Stellar AfricaGold fundamentals help investors to digest information that contributes to Stellar AfricaGold's financial success or failures. It also enables traders to predict the movement of Stellar Stock. The fundamental analysis module provides a way to measure Stellar AfricaGold'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 Stellar AfricaGold stock.
Last ReportedProjected for Next Year
Net Working Capital-28.5 K-29.9 K
Change In Working Capital472.5 K496.2 K
Change In Working Capital is likely to climb to about 496.2 K in 2024, whereas Net Working Capital is likely to drop (29.9 K) in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Stellar AfricaGold Company Working Capital Analysis

Stellar AfricaGold'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 Stellar AfricaGold Working Capital

    
  (24.75 K)  
Most of Stellar AfricaGold'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, Stellar AfricaGold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Stellar Working Capital Driver Correlations

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

Stellar Net Invested Capital

Net Invested Capital

(27,033.91)

Stellar AfricaGold reported Net Invested Capital of (28,456.75) in 2023
Based on the company's disclosures, Stellar AfricaGold has a Working Capital of (24,745). This is 100.0% lower than that of the Metals & Mining sector and 100.01% lower than that of the Materials industry. The working capital for all Canada stocks is 100.0% higher than that of the company.

Stellar Working Capital Peer Comparison

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

Stellar AfricaGold Current Valuation Drivers

We derive many important indicators used in calculating different scores of Stellar AfricaGold from analyzing Stellar AfricaGold's financial statements. These drivers represent accounts that assess Stellar AfricaGold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Stellar AfricaGold's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap3.3M4.0M6.1M3.3M3.0M1.8M
Enterprise Value3.5M2.4M5.4M3.3M3.0M1.8M

Stellar Fundamentals

About Stellar AfricaGold Fundamental Analysis

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

Explore Investment Opportunities

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.
Explore Investing Ideas  

Additional Tools for Stellar Stock Analysis

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