Comstock Net Working Capital from 2010 to 2024

LODE Stock  USD 0.38  0.04  11.76%   
Comstock Mining's Net Working Capital is decreasing over the years with stable fluctuation. Overall, Net Working Capital is expected to go to about 8.8 M this year. During the period from 2010 to 2024 Comstock Mining Net Working Capital annual values regression line had geometric mean of  6,621,970 and mean square error of 32.5 T. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
8.3 M
Current Value
8.8 M
Quarterly Volatility
5.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Comstock Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comstock Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 1.5 M or Selling General Administrative of 12 M, as well as many indicators such as Price To Sales Ratio of 42.94, Dividend Yield of 0.0 or PTB Ratio of 0.77. Comstock financial statements analysis is a perfect complement when working with Comstock Mining Valuation or Volatility modules.
  
Check out the analysis of Comstock Mining Correlation against competitors.
For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.

Latest Comstock Mining's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Comstock Mining over the last few years. It is Comstock Mining's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Comstock Mining's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Pretty Stable
   Net Working Capital   
       Timeline  

Comstock Net Working Capital Regression Statistics

Arithmetic Mean6,014,994
Geometric Mean6,621,970
Coefficient Of Variation92.19
Mean Deviation3,062,876
Median6,622,023
Standard Deviation5,545,271
Sample Variance30.8T
Range26.1M
R-Value(0.13)
Mean Square Error32.5T
R-Squared0.02
Significance0.63
Slope(166,659)
Total Sum of Squares430.5T

Comstock Net Working Capital History

20248.8 M
20238.3 M
2022-861.1 K
2021-10.1 M
202016 M
20198.9 M
20186.2 M

About Comstock Mining Financial Statements

Comstock Mining stakeholders use historical fundamental indicators, such as Comstock Mining's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Comstock Mining investors may analyze each financial statement separately, they are all interrelated. For example, changes in Comstock Mining's assets and liabilities are reflected in the revenues and expenses on Comstock Mining's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Comstock Mining. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital8.3 M8.8 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Comstock Mining is a strong investment it is important to analyze Comstock Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Comstock Mining's future performance. For an informed investment choice regarding Comstock Stock, refer to the following important reports:
Check out the analysis of Comstock Mining Correlation against competitors.
For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Mining. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
26.933
Earnings Share
(0.12)
Revenue Per Share
0.013
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.12)
The market value of Comstock Mining is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Mining's value that differs from its market value or its book value, called intrinsic value, which is Comstock Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Mining's market value can be influenced by many factors that don't directly affect Comstock Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comstock Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock 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.