Anfield Resources Stock Cash And Equivalents
AEC Stock | CAD 0.11 0.01 8.33% |
Anfield Resources fundamentals help investors to digest information that contributes to Anfield Resources' financial success or failures. It also enables traders to predict the movement of Anfield Stock. The fundamental analysis module provides a way to measure Anfield 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 Anfield Resources stock.
Anfield | Cash And Equivalents |
Anfield Resources Company Cash And Equivalents Analysis
Anfield Resources' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Anfield Resources Cash And Equivalents | 72.69 K |
Most of Anfield Resources' fundamental indicators, such as Cash And Equivalents, 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, Anfield Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Anfield Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Anfield Resources is extremely important. It helps to project a fair market value of Anfield Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Anfield Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Anfield Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Anfield Resources' interrelated accounts and indicators.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition |
In accordance with the recently published financial statements, Anfield Resources has 72.69 K in Cash And Equivalents. This is 99.99% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The cash and equivalents for all Canada stocks is 100.0% higher than that of the company.
Anfield Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Anfield Resources' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Anfield Resources could also be used in its relative valuation, which is a method of valuing Anfield Resources by comparing valuation metrics of similar companies.Anfield Resources is currently under evaluation in cash and equivalents category among its peers.
Anfield Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Anfield Resources from analyzing Anfield Resources' financial statements. These drivers represent accounts that assess Anfield Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Anfield Resources' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 7.4M | 9.6M | 25.0M | 31.0M | 68.0M | 71.4M | |
Enterprise Value | 7.4M | 7.8M | 43.1M | 26.6M | 68.1M | 71.5M |
Anfield Fundamentals
Return On Equity | 0.34 | ||||
Return On Asset | -0.14 | ||||
Current Valuation | 119.69 M | ||||
Shares Outstanding | 1.03 B | ||||
Shares Owned By Insiders | 30.17 % | ||||
Shares Owned By Institutions | 23.81 % | ||||
Number Of Shares Shorted | 407.7 K | ||||
Price To Earning | 0.04 X | ||||
Price To Book | 2.58 X | ||||
EBITDA | (11.41 M) | ||||
Net Income | 13.18 M | ||||
Cash And Equivalents | 72.69 K | ||||
Total Debt | 25.68 M | ||||
Debt To Equity | 2.10 % | ||||
Current Ratio | 0.02 X | ||||
Book Value Per Share | 0.05 X | ||||
Cash Flow From Operations | (7.26 M) | ||||
Short Ratio | 0.20 X | ||||
Earnings Per Share | 0.02 X | ||||
Target Price | 0.2 | ||||
Beta | 0.88 | ||||
Market Capitalization | 118.62 M | ||||
Total Asset | 75.27 M | ||||
Retained Earnings | (73.55 M) | ||||
Working Capital | 3.62 M | ||||
Net Asset | 75.27 M |
About Anfield Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Anfield Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Anfield Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Anfield 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.
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Additional Tools for Anfield Stock Analysis
When running Anfield Resources' price analysis, check to measure Anfield 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 Anfield Resources is operating at the current time. Most of Anfield Resources' value examination focuses on studying past and present price action to predict the probability of Anfield Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anfield Resources' price. Additionally, you may evaluate how the addition of Anfield Resources to your portfolios can decrease your overall portfolio volatility.