MacDonald Mines Financials
| BMK Stock | CAD 0.04 0.01 20.00% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.74 | 0.78 |
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MacDonald | Select Account or Indicator |
Understanding current and past MacDonald Mines Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of MacDonald Mines' financial statements are interrelated, with each one affecting the others. For example, an increase in MacDonald Mines' assets may result in an increase in income on the income statement.
The data published in MacDonald Mines' official financial statements usually reflect MacDonald Mines' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of MacDonald Mines Expl. For example, before you start analyzing numbers published by MacDonald accountants, it's critical to develop an understanding of what MacDonald Mines' liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of MacDonald Mines' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MacDonald Mines' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in MacDonald Mines' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MacDonald Mines Exploration. Please utilize our Beneish M Score to check the likelihood of MacDonald Mines' management manipulating its earnings.
MacDonald Mines Stock Summary
MacDonald Mines competes with Red Pine, and Melkior Resources. MacDonald Mines Exploration Ltd., an exploration stage company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. MacDonald Mines Exploration Ltd. was incorporated in 1936 and is headquartered in Toronto, Canada. MACDONALD MINES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Specialization | Basic Materials, Materials |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA5543244001 |
| Business Address | 145 Wellington Street |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | NYSE Composite |
| Website | www.macdonaldmines.com |
| Phone | 416 364 4986 |
| Currency | CAD - Canadian Dollar |
You should never invest in MacDonald Mines without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of MacDonald Stock, because this is throwing your money away. Analyzing the key information contained in MacDonald Mines' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
MacDonald Mines Key Financial Ratios
Generally speaking, MacDonald Mines' financial ratios allow both analysts and investors to convert raw data from MacDonald Mines' financial statements into concise, actionable information that can be used to evaluate the performance of MacDonald Mines over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that MacDonald Mines Expl reports annually and quarterly.| Return On Equity | -16.79 | ||||
| Price To Sales | 119.72 X | ||||
| EBITDA | (1.16 M) |
MacDonald Mines Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.3M | 2.9M | 1.7M | 585.6K | 673.5K | 1.1M | |
| Other Current Liab | 1.0M | 217.7K | 200.9K | 321.3K | 289.2K | 481.8K | |
| Net Tangible Assets | (163.6K) | 2.2M | 1.1M | (250.1K) | (287.6K) | (273.2K) | |
| Retained Earnings | (67.2M) | (70.6M) | (73.7M) | (75.3M) | (67.8M) | (71.2M) | |
| Accounts Payable | 439.8K | 323.4K | 414.2K | 514.4K | 591.5K | 338.4K | |
| Cash | 847.4K | 1.9M | 1.1M | 403.4K | 463.9K | 733.4K | |
| Net Receivables | 388.2K | 169.5K | 83.9K | 28.3K | 32.6K | 31.0K | |
| Total Liab | 1.5M | 709.5K | 615.1K | 835.7K | 752.1K | 927.1K | |
| Total Current Assets | 1.3M | 2.9M | 1.7M | 569.5K | 654.9K | 1.1M | |
| Common Stock | 43.1M | 46.9M | 48.3M | 48.4M | 55.7M | 44.5M | |
| Net Invested Capital | (163.6K) | 2.2M | 1.1M | (250.1K) | (287.6K) | (273.2K) | |
| Net Working Capital | (170.4K) | 2.2M | 1.1M | (266.2K) | (306.1K) | (290.8K) | |
| Capital Stock | 43.1M | 46.9M | 48.3M | 48.4M | 55.7M | 49.6M |
MacDonald Mines Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what MacDonald Mines' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Gross Profit | (16.1K) | (9.3K) | (27.7K) | (23.1K) | (10.1K) | (10.6K) | |
| Operating Income | (4.3M) | (4.2M) | (3.3M) | (1.7M) | (1.3M) | (1.3M) | |
| Ebit | (4.0M) | (4.6M) | (3.0M) | (1.4M) | (1.3M) | (1.4M) | |
| Cost Of Revenue | 16.1K | 9.3K | 27.7K | 23.1K | 10.1K | 10.3K | |
| Income Before Tax | (4.3M) | (3.4M) | (3.1M) | (1.6M) | (959.6K) | (1.0M) | |
| Net Income | (4.3M) | (3.4M) | (3.1M) | (1.6M) | (959.6K) | (1.0M) | |
| Income Tax Expense | (73.7K) | (89.5K) | (26.7K) | (42.8K) | (38.5K) | (36.6K) | |
| Net Interest Income | (4.2K) | 459.0 | (404.0) | 497.0 | 137.0 | 143.85 | |
| Interest Income | 1.3K | 459.0 | 150.0 | 497.0 | 137.0 | 130.15 | |
| Ebitda | (4.3M) | (3.4M) | (3.1M) | (1.6M) | (1.8M) | (1.9M) |
MacDonald Mines Key Cash Accounts
Cash flow analysis captures how much money flows into and out of MacDonald Mines Expl. It measures of how well MacDonald is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money MacDonald Mines brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money MacDonald had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what MacDonald Mines has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 495.5K | 1.0M | (803.5K) | (677.1K) | 51.1K | 53.7K | |
| Depreciation | 16.1K | 9.3K | 27.7K | 23.1K | 10.1K | 16.6K | |
| Net Income | (4.3M) | (3.4M) | (3.1M) | (1.6M) | (959.6K) | (1.0M) | |
| Change To Netincome | 2.3M | (713.8K) | 120.1K | 251.0K | 225.9K | 214.6K | |
| End Period Cash Flow | 847.4K | 1.9M | 1.1M | 403.4K | 117.1K | 111.3K | |
| Free Cash Flow | (2.6M) | (3.9M) | (3.2M) | (991.9K) | (698.7K) | (733.6K) | |
| Other Non Cash Items | 133.3K | (624.2K) | (50K) | 60K | 54K | 51.3K |
MacDonald Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MacDonald Mines's current stock value. Our valuation model uses many indicators to compare MacDonald Mines value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MacDonald Mines competition to find correlations between indicators driving MacDonald Mines's intrinsic value. More Info.MacDonald Mines Exploration is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . At this time, MacDonald Mines' Return On Equity is fairly stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value MacDonald Mines by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MacDonald Mines' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MacDonald Mines' earnings, one of the primary drivers of an investment's value.MacDonald Mines Expl Systematic Risk
MacDonald Mines' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MacDonald Mines volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on MacDonald Mines Expl correlated with the market. If Beta is less than 0 MacDonald Mines generally moves in the opposite direction as compared to the market. If MacDonald Mines Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MacDonald Mines Expl is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MacDonald Mines is generally in the same direction as the market. If Beta > 1 MacDonald Mines moves generally in the same direction as, but more than the movement of the benchmark.
MacDonald Mines Exploration Total Assets Over Time
About MacDonald Mines Financials
What exactly are MacDonald Mines Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include MacDonald Mines' income statement, its balance sheet, and the statement of cash flows. Potential MacDonald Mines investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although MacDonald Mines investors may use each financial statement separately, they are all related. The changes in MacDonald Mines's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MacDonald Mines's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze MacDonald Mines Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as MacDonald Mines is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of MacDonald has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if MacDonald Mines' financials are consistent with your investment objective using the following steps:- Review MacDonald Mines' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand MacDonald Mines' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare MacDonald Mines' financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if MacDonald Mines' stock is overvalued or undervalued.
Today, most investors in MacDonald Mines Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MacDonald Mines' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of MacDonald Mines growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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MacDonald Mines April 16, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of MacDonald Mines help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MacDonald Mines Exploration. We use our internally-developed statistical techniques to arrive at the intrinsic value of MacDonald Mines Exploration based on widely used predictive technical indicators. In general, we focus on analyzing MacDonald Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MacDonald Mines's daily price indicators and compare them against related drivers.
| Downside Deviation | 18.27 | |||
| Information Ratio | 0.0051 | |||
| Maximum Drawdown | 41.67 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 20.0 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MacDonald Mines Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for MacDonald Stock analysis
When running MacDonald Mines' price analysis, check to measure MacDonald Mines' 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 MacDonald Mines is operating at the current time. Most of MacDonald Mines' value examination focuses on studying past and present price action to predict the probability of MacDonald Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MacDonald Mines' price. Additionally, you may evaluate how the addition of MacDonald Mines to your portfolios can decrease your overall portfolio volatility.
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