Aurum Resources Stock Working Capital

AUE Stock   0.42  0.01  2.44%   
Aurum Resources fundamentals help investors to digest information that contributes to Aurum Resources' financial success or failures. It also enables traders to predict the movement of Aurum Stock. The fundamental analysis module provides a way to measure Aurum 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 Aurum Resources stock.
Net Working Capital is likely to gain to about 2.1 M in 2024, despite the fact that Change In Working Capital is likely to grow to (80.9 K).
  
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Aurum Resources Company Working Capital Analysis

Aurum Resources' 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 Aurum Resources Working Capital

    
  2.16 M  
Most of Aurum Resources' 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, Aurum Resources 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

Aurum Net Invested Capital

Net Invested Capital

2.21 Million

At this time, Aurum Resources' Net Invested Capital is comparatively stable compared to the past year.
In accordance with the company's disclosures, Aurum Resources has a Working Capital of 2.16 M. This is 99.7% 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 99.85% higher than that of the company.

Aurum Working Capital Peer Comparison

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

Aurum Fundamentals

About Aurum Resources Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Aurum Stock Analysis

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