Mitre Mining Stock Working Capital

MMC Stock   0.57  0.01  1.79%   
Mitre Mining fundamentals help investors to digest information that contributes to Mitre Mining's financial success or failures. It also enables traders to predict the movement of Mitre Stock. The fundamental analysis module provides a way to measure Mitre Mining'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 Mitre Mining stock.
Net Working Capital is likely to gain to about 2.4 M in 2024. Change In Working Capital is likely to gain to about 47.9 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.

Mitre Mining Company Working Capital Analysis

Mitre Mining'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

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Mitre Mining Working Capital

    
  2.53 M  
Most of Mitre Mining'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, Mitre Mining 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

Mitre Capital Lease Obligations

Capital Lease Obligations

28,683.2

At this time, Mitre Mining's Capital Lease Obligations is comparatively stable compared to the past year.
Based on the company's disclosures, Mitre Mining has a Working Capital of 2.53 M. This is 99.65% lower than that of the Metals & Mining sector and 99.22% lower than that of the Materials industry. The working capital for all Australia stocks is 99.83% higher than that of the company.

Mitre Working Capital Peer Comparison

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

Mitre Fundamentals

About Mitre Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mitre Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mitre Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mitre Mining 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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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitre Mining. 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.
Note that the Mitre Mining information on this page should be used as a complementary analysis to other Mitre Mining's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Mitre Mining's price analysis, check to measure Mitre Mining'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 Mitre Mining is operating at the current time. Most of Mitre Mining's value examination focuses on studying past and present price action to predict the probability of Mitre Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitre Mining's price. Additionally, you may evaluate how the addition of Mitre Mining to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Mitre Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitre Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitre Mining's 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.