Mako Historical Balance Sheet
| MKO Stock | CAD 3.62 0.03 0.84% |
Trend analysis of Mako Mining Corp balance sheet accounts such as Property Plant And Equipment Net of 18.1 M provides information on Mako Mining's total assets, liabilities, and equity, which is the actual value of Mako Mining Corp to its prevalent stockholders. By breaking down trends over time using Mako Mining balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Mako Mining Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mako Mining Corp is a good buy for the upcoming year.
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About Mako Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Mako Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Mako Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mako Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mako currently owns. An asset can also be divided into two categories, current and non-current.
Mako Mining Balance Sheet Chart
Mako Mining Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Mako Mining Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Mako Mining's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Net Invested Capital is likely to climb to about 29 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 5.2 M in 2024. Add Fundamental
Total Assets
Total assets refers to the total amount of Mako Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mako Mining Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Mako Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mako Mining Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Accounts Payable
An accounting item on the balance sheet that represents Mako Mining obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mako Mining Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most accounts from Mako Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Mako Mining Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mako Mining Corp. 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. At this time, Mako Mining's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Net Invested Capital is likely to climb to about 29 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 5.2 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 10.0M | 16.2M | 9.7M | 5.2M | Total Assets | 54.1M | 45.2M | 41.8M | 23.3M |
Mako Mining balance sheet Correlations
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Mako Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Mako Mining
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 Mako Mining 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 Mako Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Mako Stock
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Moving against Mako Stock
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| 0.52 | TSLA | Tesla Inc CDR | PairCorr |
The ability to find closely correlated positions to Mako Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mako Mining 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 Mako Mining - 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 Mako Mining Corp to buy it.
The correlation of Mako Mining 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 Mako Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mako Mining Corp 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 Mako Mining 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mako Mining Corp. 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Mako Stock analysis
When running Mako Mining's price analysis, check to measure Mako 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 Mako Mining is operating at the current time. Most of Mako Mining's value examination focuses on studying past and present price action to predict the probability of Mako 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 Mako Mining's price. Additionally, you may evaluate how the addition of Mako Mining to your portfolios can decrease your overall portfolio volatility.
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