Wealth Minerals Stock Current Liabilities
WML Stock | CAD 0.04 0.01 12.50% |
Wealth Minerals fundamentals help investors to digest information that contributes to Wealth Minerals' financial success or failures. It also enables traders to predict the movement of Wealth Stock. The fundamental analysis module provides a way to measure Wealth Minerals' 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 Wealth Minerals stock.
Total Current Liabilities is likely to climb to about 1.5 M in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 67.7 K in 2024. Wealth | Current Liabilities |
Wealth Minerals Company Current Liabilities Analysis
Wealth Minerals' Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Wealth Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Wealth Minerals is extremely important. It helps to project a fair market value of Wealth Stock properly, considering its historical fundamentals such as Current Liabilities. Since Wealth Minerals' 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 Wealth Minerals' 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 Wealth Minerals' interrelated accounts and indicators.
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Wealth Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Wealth Minerals has a Current Liabilities 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 liabilities for all Canada stocks is 100.0% higher than that of the company.
Wealth Minerals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Wealth Minerals from analyzing Wealth Minerals' financial statements. These drivers represent accounts that assess Wealth Minerals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Wealth Minerals' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 16.8M | 114.0M | 86.4M | 76.5M | 68.8M | 72.3M | |
Enterprise Value | 20.1M | 110.2M | 81.2M | 71.8M | 64.6M | 67.9M |
Wealth Fundamentals
Return On Equity | -0.28 | ||||
Return On Asset | -0.11 | ||||
Current Valuation | 8.41 M | ||||
Shares Outstanding | 335.91 M | ||||
Shares Owned By Insiders | 9.17 % | ||||
Shares Owned By Institutions | 0.60 % | ||||
Number Of Shares Shorted | 10.01 K | ||||
Price To Earning | (13.15) X | ||||
Price To Book | 0.29 X | ||||
EBITDA | (10.83 M) | ||||
Net Income | (10.42 M) | ||||
Cash And Equivalents | 130.92 K | ||||
Total Debt | 27.12 K | ||||
Debt To Equity | 6.40 % | ||||
Current Ratio | 0.26 X | ||||
Book Value Per Share | 0.14 X | ||||
Cash Flow From Operations | (7.51 M) | ||||
Short Ratio | 0.26 X | ||||
Earnings Per Share | (0.05) X | ||||
Beta | 0.54 | ||||
Market Capitalization | 13.44 M | ||||
Total Asset | 55.33 M | ||||
Retained Earnings | (148.57 M) | ||||
Working Capital | 5.01 M | ||||
Net Asset | 55.33 M |
About Wealth Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wealth Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wealth Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wealth Minerals 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 Wealth Stock Analysis
When running Wealth Minerals' price analysis, check to measure Wealth Minerals' 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 Wealth Minerals is operating at the current time. Most of Wealth Minerals' value examination focuses on studying past and present price action to predict the probability of Wealth Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wealth Minerals' price. Additionally, you may evaluate how the addition of Wealth Minerals to your portfolios can decrease your overall portfolio volatility.