Mexco Energy Financials

MXC Stock  USD 12.06  0.15  1.23%   
Based on the key measurements obtained from Mexco Energy's financial statements, Mexco Energy is performing exceptionally good at this time. It has a great risk to report excellent financial results in December. At present, Mexco Energy's Accounts Payable is projected to decrease significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 2.6 M, whereas Total Assets are forecasted to decline to about 12.4 M. Key indicators impacting Mexco Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.0010.0011
Notably Down
Slightly volatile
Current Ratio9.018.5774
Sufficiently Up
Slightly volatile
The financial analysis of Mexco Energy is a critical element in measuring its lifeblood. Investors should not minimize Mexco Energy's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

2.7 Million

  
Understanding current and past Mexco Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mexco Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Mexco Energy's assets may result in an increase in income on the income statement.
Please note, the presentation of Mexco Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Mexco Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Mexco Energy's management manipulating its earnings.

Mexco Energy Stock Summary

Mexco Energy competes with PHX Minerals, Granite Ridge, Permianville Royalty, VOC Energy, and GeoPark. Mexco Energy Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids in the United States. Mexco Energy Corporation was incorporated in 1972 and is based in Midland, Texas. Mexco Energy operates under Oil Gas EP classification in the United States and is traded on AMEX Exchange. It employs 2 people.
Specialization
Energy, Oil & Gas E&P
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS5927701012
CUSIP592770101
LocationTexas; U.S.A
Business Address415 West Wall,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.mexcoenergy.com
Phone432 682 1119
CurrencyUSD - US Dollar

Mexco Energy Key Financial Ratios

Mexco Energy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets10.1M10.8M13.3M17.8M19.1M12.4M
Net Debt799.7K1.1M(1.2M)(2.2M)(2.5M)(2.3M)
Retained Earnings317.4K473.4K3.3M8.0M9.1M9.6M
Accounts Payable109.3K101.6K194.5K181.9K191.6K234.3K
Cash34.4K57.8K1.4M2.2M2.5M2.6M
Net Receivables284.7K651.8K1.3M1.4M1.0M575.1K
Total Liab1.7M2.0M1.1M987.8K1.4M1.4M
Total Current Assets369.3K757.5K2.7M3.7M3.7M3.9M
Other Current Liab116.8K(7.0K)(39.3K)(36.4K)10.7K10.2K
Short Term Debt65.7K43.9K108.6K112.7K38.5K36.6K
Other Current Assets334.9K47.9K52.6K124.5K204.9K122.0K
Other Liab755.3K713.8K720.5K710.3K816.8K786.9K
Net Tangible Assets8.4M8.8M12.2M16.8M15.1M8.9M
Other Assets2.2K83.4K13.2K12.2K10.9K10.4K
Capital Surpluse7.3M7.6M8.1M8.3M9.6M8.0M
Inventory(380.0K)(284.7K)(651.8K)(1.4M)1.01.05

Mexco Energy Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense37.7K53.2K26.5K13.1K5.2K5.0K
Total Revenue2.7M2.8M6.6M9.6M6.6M3.6M
Gross Profit970.1K1.0M4.0M6.0M3.1M2.3M
Operating Income(61.8K)158.7K2.9M4.8M1.8M1.9M
Ebit620.1K209.2K3.0M4.8M1.8M1.9M
Ebitda792.0K1.1M4.4M6.7M3.8M4.0M
Cost Of Revenue1.8M1.8M2.6M3.6M3.5M3.7M
Income Before Tax(99.5K)155.9K2.9M4.8M2.0M2.1M
Net Income(137.1K)102.7K2.9M4.7M1.3M1.4M
Income Tax Expense37.7K53.2K26.2K164.5K620.5K651.6K
Interest Income1.9K706.0340.08.0K135.5K142.3K
Net Interest Income(35.8K)(52.5K)(26.2K)(5.1K)130.2K136.8K

Mexco Energy Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(93.9K)23.4K1.3M865.0K237.7K249.6K
Free Cash Flow(831.2K)(885.2K)1.9M1.2M1.1M1.1M
Depreciation881.0K906.4K1.3M1.9M2.0M1.5M
Other Non Cash Items875.5K859.5K1.4M1.8M2.0M2.1M
Capital Expenditures1.7M1.6M1.9M5.3M3.3M2.0M
Net Income(99.5K)155.9K2.9M4.7M1.3M1.4M
End Period Cash Flow34.4K57.8K1.4M2.2M2.5M2.6M
Change To Netincome34.3K55.7K71.9K62.1K55.9K53.1K
Change To Inventory44.8K(3.2K)(95.1K)33.5K38.5K40.4K
Change Receivables(437.1K)482.6K64.9K(367.1K)(330.4K)(313.9K)
Net Borrowings(739.5K)782.7K385K(1.2M)(1.1M)(1.0M)
Investments(1.7M)(50K)(75K)(5.4M)(3.4M)(3.2M)

Mexco Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mexco Energy's current stock value. Our valuation model uses many indicators to compare Mexco Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mexco Energy competition to find correlations between indicators driving Mexco Energy's intrinsic value. More Info.
Mexco Energy is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.82  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mexco Energy is roughly  1.22 . At present, Mexco Energy's Return On Equity is projected to increase slightly based on the last few years of reporting. 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 Mexco Energy's earnings, one of the primary drivers of an investment's value.

Mexco Energy Systematic Risk

Mexco Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mexco Energy 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 output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Mexco Energy correlated with the market. If Beta is less than 0 Mexco Energy generally moves in the opposite direction as compared to the market. If Mexco Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mexco Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mexco Energy is generally in the same direction as the market. If Beta > 1 Mexco Energy moves generally in the same direction as, but more than the movement of the benchmark.

About Mexco Energy Financials

What exactly are Mexco Energy 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 Mexco Energy's income statement, its balance sheet, and the statement of cash flows. Potential Mexco Energy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Mexco Energy investors may use each financial statement separately, they are all related. The changes in Mexco Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mexco Energy'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.
Today, most investors in Mexco Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mexco Energy's 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 Mexco Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.25)

At present, Mexco Energy's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Mexco Energy November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mexco Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mexco Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mexco Energy based on widely used predictive technical indicators. In general, we focus on analyzing Mexco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mexco Energy's daily price indicators and compare them against related drivers.

Complementary Tools for Mexco Stock analysis

When running Mexco Energy's price analysis, check to measure Mexco Energy'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 Mexco Energy is operating at the current time. Most of Mexco Energy's value examination focuses on studying past and present price action to predict the probability of Mexco Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mexco Energy's price. Additionally, you may evaluate how the addition of Mexco Energy to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Global Correlations
Find global opportunities by holding instruments from different markets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.