Vantex Resources Stock Working Capital

VAX Stock  CAD 0.07  0.01  7.14%   
Vantex Resources fundamentals help investors to digest information that contributes to Vantex Resources' financial success or failures. It also enables traders to predict the movement of Vantex Stock. The fundamental analysis module provides a way to measure Vantex Resources' 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 Vantex Resources stock.
Net Working Capital is likely to climb to about 910.6 K in 2024. Change In Working Capital is likely to climb to about 260.8 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.

Vantex Resources Company Working Capital Analysis

Vantex Resources' 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 Vantex Resources Working Capital

    
  754.09 K  
Most of Vantex Resources' 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, Vantex Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Vantex Net Invested Capital

Net Invested Capital

765,592

At this time, Vantex Resources' Net Invested Capital is fairly stable compared to the past year.
As per the company's disclosures, Vantex Resources has a Working Capital of 754.09 K. This is 99.89% lower than that of the Metals & Mining sector and 99.97% lower than that of the Materials industry. The working capital for all Canada stocks is 99.95% higher than that of the company.

Vantex Working Capital Peer Comparison

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

Vantex Fundamentals

About Vantex Resources Fundamental Analysis

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

Pair Trading with Vantex Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vantex Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vantex Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Vantex Stock

  0.86FDY Faraday Copper CorpPairCorr
  0.79IE Ivanhoe EnergyPairCorr
  0.78TML Treasury MetalsPairCorr
  0.75ARA Aclara ResourcesPairCorr
  0.64ETHC Ether Capital CorpPairCorr
The ability to find closely correlated positions to Vantex Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vantex Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vantex Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vantex Resources to buy it.
The correlation of Vantex Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vantex Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vantex Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vantex Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vantex Resources. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Vantex Stock analysis

When running Vantex Resources' price analysis, check to measure Vantex Resources' 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 Vantex Resources is operating at the current time. Most of Vantex Resources' value examination focuses on studying past and present price action to predict the probability of Vantex Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vantex Resources' price. Additionally, you may evaluate how the addition of Vantex Resources to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Please note, there is a significant difference between Vantex Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vantex Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vantex Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.