Alto Metals Stock Working Capital

AME Stock   0.08  0  2.35%   
Alto Metals fundamentals help investors to digest information that contributes to Alto Metals' financial success or failures. It also enables traders to predict the movement of Alto Stock. The fundamental analysis module provides a way to measure Alto Metals' 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 Alto Metals stock.
Net Working Capital is likely to drop to about 836.3 K in 2024. Change In Working Capital is likely to gain to -40.85 in 2024.
  
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Alto Metals Company Working Capital Analysis

Alto Metals' 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

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Alto Metals Working Capital

    
  1.08 M  
Most of Alto Metals' 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, Alto Metals 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

Alto Net Invested Capital

Net Invested Capital

20.16 Million

At this time, Alto Metals' Net Invested Capital is comparatively stable compared to the past year.
In accordance with the company's disclosures, Alto Metals has a Working Capital of 1.08 M. This is 99.85% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The working capital for all Australia stocks is 99.93% higher than that of the company.

Alto Working Capital Peer Comparison

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

Alto Fundamentals

About Alto Metals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Alto Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alto Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alto Metals 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Alto Stock Analysis

When running Alto Metals' price analysis, check to measure Alto Metals' 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 Alto Metals is operating at the current time. Most of Alto Metals' value examination focuses on studying past and present price action to predict the probability of Alto Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alto Metals' price. Additionally, you may evaluate how the addition of Alto Metals to your portfolios can decrease your overall portfolio volatility.