Mindax (Australia) Today

MDX Stock   0.04  0  2.56%   

Performance

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Odds Of Distress

Over 69

 
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Mindax is selling for under 0.04 as of the 23rd of December 2024; that is 2.56 percent increase since the beginning of the trading day. The stock's last reported lowest price was 0.04. Mindax has more than 69 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 24th of October 2024 and ending today, the 23rd of December 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Mindax is entity of Australia. It is traded as Stock on AU exchange. The company has 2.05 B outstanding shares. More on Mindax Limited

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Mindax Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mindax's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mindax or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO ChairmanAO BE
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Materials, Basic Materials (View all Sectors)
Mindax's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Mindax's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Mindax can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mindax's financial leverage. It provides some insight into what part of Mindax's total assets is financed by creditors.
Liquidity
Mindax cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Mindax Limited has accumulated 108.65 K in total debt. Debt can assist Mindax until it has trouble settling it off, either with new capital or with free cash flow. So, Mindax's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mindax Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mindax to invest in growth at high rates of return. When we think about Mindax's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Investing Activities

37,081.8
Mindax Limited (MDX) is traded on Australian Securities Exchange in Australia and employs 2 people. Mindax is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 81.95 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mindax's market, we take the total number of its shares issued and multiply it by Mindax's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mindax Limited operates under Metals & Mining sector and is part of Materials industry. The entity has 2.05 B outstanding shares. Mindax generates negative cash flow from operations
Check Mindax Probability Of Bankruptcy
Ownership Allocation
Mindax Limited maintains a total of 2.05 Billion outstanding shares. Mindax Limited holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Mindax Ownership Details

Mindax Limited Risk Profiles

Although Mindax's alpha and beta are two of the key measurements used to evaluate Mindax's performance over the market, the standard measures of volatility play an important role as well.

Mindax Stock Against Markets

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Additional Tools for Mindax Stock Analysis

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